About this number
Normalized PSF uses Bala's Table - the Singapore Land Authority differential premium reference for valuing leasehold against freehold. Bala values a fresh 99-year lease at 96% of freehold; the curve drops non-linearly, reaching ~75% at 50 years remaining and ~60% at 30 years.
Below 40 years remaining we stop normalizing because the curve diverges from market reality once CPF withdrawal restrictions and bank LTV cliffs dominate.
A separate 5% adjustment applies to projects whose lease commenced before 2023, reflecting the older strata-area measurement convention (which counted air-con ledges and bay windows).
Source: Singapore Land Authority differential premium reference (Bala's Table).
Transaction prices per square foot
| Project | Dist | Region | Bed | Floor | Area | Price | PSF | 99yr Norm | Date | Type |
|---|---|---|---|---|---|---|---|---|---|---|
| HAZEL PARK CONDOMINIUM | 23 | OCR | 3 | 11-15 | 1,324 | $2,258,880 | $1,706 | $1,796 | Apr 2026 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 3 | 06-10 | 1,324 | $2,370,000 | $1,790 | $1,884 | Mar 2026 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 3 | 11-15 | 1,335 | $2,288,000 | $1,714 | $1,804 | Mar 2026 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 2 | 01-05 | 980 | $1,880,000 | $1,919 | $2,020 | Jan 2026 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 3 | 06-10 | 1,324 | $2,358,888 | $1,782 | $1,876 | Dec 2025 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 3 | 11-15 | 1,324 | $2,388,000 | $1,804 | $1,899 | Nov 2025 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 3 | 11-15 | 1,324 | $2,350,000 | $1,775 | $1,868 | Nov 2025 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 3 | 11-15 | 1,324 | $2,250,000 | $1,699 | $1,788 | Oct 2025 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 3 | 11-15 | 1,324 | $2,270,000 | $1,715 | $1,805 | Sep 2025 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 3 | 01-05 | 1,378 | $2,130,000 | $1,546 | $1,627 | Aug 2025 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 3 | 06-10 | 1,378 | $2,330,000 | $1,691 | $1,780 | Aug 2025 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 2 | 01-05 | 980 | $1,660,000 | $1,695 | $1,784 | Jul 2025 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 3 | 11-15 | 1,378 | $2,410,000 | $1,749 | $1,841 | Jul 2025 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 2 | 01-05 | 980 | $1,570,000 | $1,603 | $1,687 | Jul 2025 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 3 | 11-15 | 1,335 | $2,160,000 | $1,618 | $1,703 | Jun 2025 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 3 | 01-05 | 1,335 | $2,193,000 | $1,643 | $1,729 | May 2025 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 4 | 01-05 | 1,518 | $2,500,000 | $1,647 | $1,734 | Apr 2025 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 2 | 01-05 | 980 | $1,588,000 | $1,621 | $1,706 | Apr 2025 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 3 | 06-10 | 1,389 | $2,280,000 | $1,642 | $1,728 | Apr 2025 | Resale |
| HAZEL PARK CONDOMINIUM | 23 | OCR | 2 | 01-05 | 980 | $1,610,000 | $1,644 | $1,731 | Mar 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.