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 |
|---|---|---|---|---|---|---|---|---|---|---|
| KANDIS RESIDENCE | 27 | OCR | 3 | 01-05 | 936 | $1,310,000 | $1,399 | $1,562 | Feb 2026 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 2 | 01-05 | 764 | $970,000 | $1,269 | $1,417 | Dec 2025 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 2 | 01-05 | 775 | $1,050,000 | $1,355 | $1,513 | Oct 2025 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 2 | 01-05 | 764 | $950,000 | $1,243 | $1,388 | Sep 2025 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 1 | 01-05 | 495 | $735,000 | $1,484 | $1,657 | Sep 2025 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 2 | 01-05 | 775 | $1,050,000 | $1,355 | $1,513 | Aug 2025 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 2 | 01-05 | 764 | $1,030,000 | $1,348 | $1,505 | Jun 2025 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 1 | 01-05 | 484 | $715,000 | $1,476 | $1,648 | Mar 2025 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 2 | 06-10 | 797 | $1,120,000 | $1,406 | $1,570 | Dec 2024 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 3 | 01-05 | 1,033 | $1,560,000 | $1,510 | $1,686 | Dec 2024 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 2 | 06-10 | 764 | $1,030,000 | $1,348 | $1,505 | Nov 2024 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 2 | 01-05 | 775 | $930,000 | $1,200 | $1,340 | Oct 2024 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 3 | 01-05 | 936 | $1,310,000 | $1,399 | $1,562 | Oct 2024 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 3 | 01-05 | 1,023 | $1,420,000 | $1,389 | $1,551 | Jul 2024 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 2 | 01-05 | 807 | $1,030,000 | $1,276 | $1,425 | Jun 2024 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 2 | 06-10 | 775 | $1,070,000 | $1,381 | $1,542 | May 2024 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 2 | 01-05 | 807 | $1,138,888 | $1,411 | $1,576 | Apr 2024 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 2 | 01-05 | 764 | $1,025,000 | $1,341 | $1,498 | Jan 2024 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 2 | 01-05 | 797 | $1,050,000 | $1,318 | $1,472 | Nov 2023 | Resale |
| KANDIS RESIDENCE | 27 | OCR | 2 | 06-10 | 775 | $1,130,000 | $1,458 | $1,628 | Sep 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.