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 |
|---|---|---|---|---|---|---|---|---|---|---|
| KIMNAN PARK | 14 | OCR | 5* | - | 2,751 | $7,538,000 | $2,740 | $2,740 | Oct 2025 | Resale |
| KIMNAN PARK | 14 | OCR | 5* | - | 2,906 | $6,200,000 | $2,133 | $2,133 | Oct 2025 | New Sale |
| KIMNAN PARK | 14 | OCR | 5* | - | 3,373 | $5,800,000 | $1,719 | $1,719 | Aug 2025 | Resale |
| KIMNAN PARK | 14 | OCR | 5* | - | 2,015 | $4,200,000 | $2,084 | $2,084 | May 2025 | Resale |
| KIMNAN PARK | 14 | OCR | 5* | - | 1,847 | $4,000,000 | $2,166 | $2,166 | Feb 2025 | Resale |
| KIMNAN PARK | 14 | OCR | 5* | - | 2,040 | $3,000,000 | $1,471 | $1,471 | Jan 2025 | Resale |
| KIMNAN PARK | 14 | OCR | 5* | - | 5,048 | $6,350,000 | $1,258 | $1,258 | Nov 2024 | Resale |
| KIMNAN PARK | 14 | OCR | 5* | - | 2,184 | $3,680,000 | $1,685 | $1,685 | Jun 2024 | Resale |
| KIMNAN PARK | 14 | OCR | 5* | - | 1,847 | $3,600,000 | $1,949 | $1,949 | May 2024 | Resale |
| KIMNAN PARK | 14 | OCR | 5* | - | 3,374 | $5,050,000 | $1,497 | $1,497 | Nov 2023 | Resale |
| KIMNAN PARK | 14 | OCR | 5* | - | 3,533 | $8,200,000 | $2,321 | $2,321 | Jul 2023 | Resale |
| KIMNAN PARK | 14 | OCR | 5* | - | 2,384 | $3,628,000 | $1,522 | $1,522 | Jun 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.