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 |
|---|---|---|---|---|---|---|---|---|---|---|
| HOLLAND PEAK | 10 | CCR | 5* | 01-05 | 1,841 | $3,488,000 | $1,895 | $1,895 | Sep 2025 | Resale |
| HOLLAND PEAK | 10 | CCR | 3 | 01-05 | 1,830 | $2,860,000 | $1,563 | $1,563 | Aug 2025 | Resale |
| HOLLAND PEAK | 10 | CCR | 1 | 01-05 | 570 | $1,020,000 | $1,788 | $1,788 | May 2025 | Resale |
| HOLLAND PEAK | 10 | CCR | 4* | 01-05 | 1,464 | $2,880,000 | $1,967 | $1,967 | Mar 2025 | Resale |
| HOLLAND PEAK | 10 | CCR | 3* | 01-05 | 1,066 | $2,080,000 | $1,952 | $1,952 | Apr 2024 | Resale |
| HOLLAND PEAK | 10 | CCR | 3 | 01-05 | 1,884 | $3,500,000 | $1,858 | $1,858 | Dec 2023 | Resale |
| HOLLAND PEAK | 10 | CCR | 4* | 01-05 | 1,399 | $2,470,000 | $1,765 | $1,765 | Sep 2023 | Resale |
| HOLLAND PEAK | 10 | CCR | 2 | 01-05 | 1,012 | $2,235,000 | $2,209 | $2,209 | Aug 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.