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 |
|---|---|---|---|---|---|---|---|---|---|---|
| LA CRYSTAL | 9 | CCR | 3 | 16-20 | 1,076 | $2,328,888 | $2,164 | $2,164 | Feb 2026 | Resale |
| LA CRYSTAL | 9 | CCR | 3 | 06-10 | 1,055 | $2,285,000 | $2,166 | $2,166 | Nov 2025 | Resale |
| LA CRYSTAL | 9 | CCR | 2 | 06-10 | 904 | $1,850,000 | $2,046 | $2,046 | May 2025 | Resale |
| LA CRYSTAL | 9 | CCR | 3 | 11-15 | 1,076 | $2,248,000 | $2,088 | $2,088 | Feb 2025 | Resale |
| LA CRYSTAL | 9 | CCR | 2 | 01-05 | 936 | $1,888,888 | $2,017 | $2,017 | Dec 2024 | Resale |
| LA CRYSTAL | 9 | CCR | 3 | 16-20 | 1,055 | $2,260,000 | $2,142 | $2,142 | Jul 2024 | Resale |
| LA CRYSTAL | 9 | CCR | 3 | 16-20 | 1,055 | $2,300,000 | $2,180 | $2,180 | Jul 2024 | Resale |
| LA CRYSTAL | 9 | CCR | 3 | 11-15 | 1,076 | $2,200,000 | $2,044 | $2,044 | Apr 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.