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 |
|---|---|---|---|---|---|---|---|---|---|---|
| KIM SIA COURT | 9 | CCR | 4* | 01-05 | 1,421 | $2,900,000 | $2,041 | $2,041 | Apr 2026 | Resale |
| KIM SIA COURT | 9 | CCR | 4* | 06-10 | 1,421 | $2,980,000 | $2,097 | $2,097 | Mar 2026 | Resale |
| KIM SIA COURT | 9 | CCR | 4* | 11-15 | 1,421 | $2,938,000 | $2,068 | $2,068 | Nov 2025 | Resale |
| KIM SIA COURT | 9 | CCR | 3* | 06-10 | 1,066 | $2,200,000 | $2,065 | $2,065 | Sep 2025 | Resale |
| KIM SIA COURT | 9 | CCR | 3* | 06-10 | 1,066 | $2,328,888 | $2,185 | $2,185 | Jun 2025 | Resale |
| KIM SIA COURT | 9 | CCR | 3* | 01-05 | 1,066 | $2,268,888 | $2,129 | $2,129 | May 2025 | Resale |
| KIM SIA COURT | 9 | CCR | 4* | 11-15 | 1,421 | $2,950,000 | $2,076 | $2,076 | Feb 2025 | Resale |
| KIM SIA COURT | 9 | CCR | 4* | 01-05 | 1,421 | $2,940,000 | $2,069 | $2,069 | Dec 2024 | Resale |
| KIM SIA COURT | 9 | CCR | 4* | 06-10 | 1,421 | $2,800,000 | $1,971 | $1,971 | Nov 2024 | Resale |
| KIM SIA COURT | 9 | CCR | 3* | 01-05 | 1,066 | $2,180,000 | $2,046 | $2,046 | Jul 2024 | Resale |
| KIM SIA COURT | 9 | CCR | 3* | 01-05 | 1,066 | $2,250,000 | $2,111 | $2,111 | May 2024 | Resale |
| KIM SIA COURT | 9 | CCR | 3* | 01-05 | 1,066 | $2,288,000 | $2,147 | $2,147 | May 2024 | Resale |
| KIM SIA COURT | 9 | CCR | 4* | 11-15 | 1,421 | $2,938,000 | $2,068 | $2,068 | May 2024 | Resale |
| KIM SIA COURT | 9 | CCR | 4* | 11-15 | 1,421 | $2,920,000 | $2,055 | $2,055 | May 2024 | Resale |
| KIM SIA COURT | 9 | CCR | 3* | 11-15 | 1,066 | $2,300,000 | $2,158 | $2,158 | Apr 2024 | Resale |
| KIM SIA COURT | 9 | CCR | 4* | 11-15 | 1,421 | $2,880,000 | $2,027 | $2,027 | Nov 2023 | Resale |
| KIM SIA COURT | 9 | CCR | 4* | 01-05 | 1,421 | $3,050,000 | $2,147 | $2,147 | Jun 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.