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 |
|---|---|---|---|---|---|---|---|---|---|---|
| KALLANG RIVERSIDE | 12 | RCR | 1 | 06-10 | 517 | $1,108,000 | $2,145 | $2,145 | Apr 2026 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 3 | 06-10 | 1,141 | $2,680,000 | $2,349 | $2,349 | Nov 2025 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 2 | 16-20 | 1,001 | $2,550,000 | $2,547 | $2,547 | Nov 2025 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 2 | 11-15 | 1,001 | $2,525,000 | $2,522 | $2,522 | Sep 2025 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 1 | 11-15 | 517 | $1,168,000 | $2,261 | $2,261 | Aug 2025 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 2 | 06-10 | 1,033 | $2,150,000 | $2,081 | $2,081 | Dec 2024 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 2 | 26-30 | 1,033 | $2,350,000 | $2,274 | $2,274 | Nov 2024 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 1 | 01-05 | 829 | $1,690,000 | $2,039 | $2,039 | Oct 2024 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 3 | 16-20 | 1,432 | $3,300,000 | $2,305 | $2,305 | Oct 2024 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 3 | 21-25 | 1,432 | $3,300,000 | $2,305 | $2,305 | Oct 2024 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 2 | 06-10 | 1,001 | $2,580,000 | $2,577 | $2,577 | Sep 2024 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 1 | 21-25 | 517 | $1,360,000 | $2,632 | $2,632 | Sep 2024 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 3 | 26-30 | 1,141 | $2,950,000 | $2,586 | $2,586 | Aug 2024 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 3 | 11-15 | 1,141 | $2,550,000 | $2,235 | $2,235 | Apr 2024 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 3 | 01-05 | 1,572 | $3,300,000 | $2,100 | $2,100 | Apr 2024 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 2 | 21-25 | 1,033 | $2,370,000 | $2,294 | $2,294 | Mar 2024 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 2 | 06-10 | 958 | $2,400,000 | $2,505 | $2,505 | Mar 2024 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 2 | 11-15 | 958 | $2,400,000 | $2,505 | $2,505 | Jan 2024 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 3 | 26-30 | 1,141 | $2,865,000 | $2,511 | $2,511 | Dec 2023 | Resale |
| KALLANG RIVERSIDE | 12 | RCR | 2 | 11-15 | 958 | $2,440,000 | $2,547 | $2,547 | Dec 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.