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 |
|---|---|---|---|---|---|---|---|---|---|---|
| JERVOIS TREASURES | 10 | CCR | 2 | 01-05 | 797 | $2,138,000 | $2,684 | $2,684 | Mar 2024 | Resale |
| JERVOIS TREASURES | 10 | CCR | 2 | 01-05 | 721 | $1,934,000 | $2,682 | $2,682 | Mar 2024 | Resale |
| JERVOIS TREASURES | 10 | CCR | 2 | 01-05 | 797 | $2,030,000 | $2,549 | $2,549 | Feb 2024 | Resale |
| JERVOIS TREASURES | 10 | CCR | 2 | 01-05 | 797 | $2,170,000 | $2,724 | $2,724 | Feb 2024 | Resale |
| JERVOIS TREASURES | 10 | CCR | 2 | 01-05 | 797 | $2,046,000 | $2,569 | $2,569 | Feb 2024 | Resale |
| JERVOIS TREASURES | 10 | CCR | 2 | 01-05 | 797 | $2,073,000 | $2,603 | $2,603 | Feb 2024 | Resale |
| JERVOIS TREASURES | 10 | CCR | 3 | 01-05 | 1,130 | $3,075,000 | $2,721 | $2,721 | Feb 2024 | Resale |
| JERVOIS TREASURES | 10 | CCR | 2 | 01-05 | 893 | $2,353,230 | $2,634 | $2,634 | Feb 2024 | Resale |
| JERVOIS TREASURES | 10 | CCR | 3 | 01-05 | 1,227 | $3,068,200 | $2,500 | $2,500 | Feb 2024 | Resale |
| JERVOIS TREASURES | 10 | CCR | 2 | 01-05 | 721 | $1,901,200 | $2,636 | $2,636 | Feb 2024 | Resale |
| JERVOIS TREASURES | 10 | CCR | 2 | 01-05 | 797 | $2,122,000 | $2,664 | $2,664 | Feb 2024 | Resale |
| JERVOIS TREASURES | 10 | CCR | 1 | 01-05 | 527 | $1,429,000 | $2,709 | $2,709 | Dec 2023 | Resale |
| JERVOIS TREASURES | 10 | CCR | 3 | 01-05 | 1,130 | $2,913,200 | $2,578 | $2,578 | Dec 2023 | Resale |
| JERVOIS TREASURES | 10 | CCR | 2 | 01-05 | 893 | $2,413,000 | $2,701 | $2,701 | Dec 2023 | Resale |
| JERVOIS TREASURES | 10 | CCR | 3 | 01-05 | 1,130 | $2,868,200 | $2,538 | $2,538 | Dec 2023 | Resale |
| JERVOIS TREASURES | 10 | CCR | 1 | 01-05 | 527 | $1,367,000 | $2,592 | $2,592 | Nov 2023 | Resale |
| JERVOIS TREASURES | 10 | CCR | 1 | 01-05 | 592 | $1,512,000 | $2,554 | $2,554 | Nov 2023 | Resale |
| JERVOIS TREASURES | 10 | CCR | 1 | 01-05 | 527 | $1,356,000 | $2,571 | $2,571 | Nov 2023 | Resale |
| JERVOIS TREASURES | 10 | CCR | 1 | 01-05 | 592 | $1,524,000 | $2,574 | $2,574 | Nov 2023 | Resale |
| JERVOIS TREASURES | 10 | CCR | 2 | 01-05 | 797 | $1,955,000 | $2,454 | $2,454 | Nov 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.