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 |
|---|---|---|---|---|---|---|---|---|---|---|
| HIGH PARK RESIDENCES | 28 | OCR | 3 | 01-05 | 872 | $1,300,000 | $1,491 | $1,677 | Apr 2026 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 5* | - | 2,347 | $2,900,000 | $1,236 | $1,390 | Mar 2026 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 2 | 16-20 | 721 | $1,250,000 | $1,733 | $1,949 | Mar 2026 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 2 | 21-25 | 721 | $1,245,000 | $1,726 | $1,941 | Feb 2026 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 2 | 11-15 | 592 | $978,000 | $1,652 | $1,858 | Feb 2026 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 2 | 16-20 | 667 | $1,080,000 | $1,618 | $1,820 | Feb 2026 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 2 | 06-10 | 667 | $1,058,000 | $1,585 | $1,783 | Feb 2026 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 2 | 21-25 | 592 | $1,010,000 | $1,706 | $1,919 | Feb 2026 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 3 | 11-15 | 990 | $1,608,000 | $1,624 | $1,827 | Jan 2026 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 3 | 21-25 | 893 | $1,371,888 | $1,536 | $1,728 | Jan 2026 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 4 | 21-25 | 1,163 | $2,000,000 | $1,720 | $1,935 | Jan 2026 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 1* | 16-20 | 388 | $656,888 | $1,695 | $1,907 | Jan 2026 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 2 | 16-20 | 667 | $1,080,000 | $1,618 | $1,820 | Dec 2025 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 2 | 16-20 | 732 | $1,250,000 | $1,708 | $1,921 | Dec 2025 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 2 | 11-15 | 710 | $1,160,000 | $1,633 | $1,837 | Dec 2025 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 1* | 16-20 | 441 | $760,000 | $1,722 | $1,937 | Nov 2025 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 2 | 16-20 | 581 | $945,000 | $1,626 | $1,829 | Nov 2025 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 2 | 16-20 | 721 | $1,235,000 | $1,712 | $1,926 | Nov 2025 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 3 | 11-15 | 1,238 | $2,088,000 | $1,687 | $1,898 | Nov 2025 | Resale |
| HIGH PARK RESIDENCES | 28 | OCR | 2 | 11-15 | 667 | $1,095,000 | $1,641 | $1,846 | Nov 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.