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 SUISSE | 11 | CCR | 5* | - | 1,904 | $4,930,000 | $2,589 | $2,725 | Feb 2026 | Resale |
| LA SUISSE | 11 | CCR | 5* | 01-05 | 2,110 | $3,188,000 | $1,511 | $1,591 | Feb 2026 | Resale |
| LA SUISSE | 11 | CCR | 5* | 01-05 | 2,110 | $3,200,000 | $1,517 | $1,597 | Nov 2025 | Resale |
| LA SUISSE | 11 | CCR | 5* | - | 2,433 | $5,420,000 | $2,228 | $2,345 | Mar 2025 | Resale |
| LA SUISSE | 11 | CCR | 5* | 01-05 | 1,658 | $2,630,000 | $1,587 | $1,671 | Jan 2025 | Resale |
| LA SUISSE | 11 | CCR | 5* | 01-05 | 1,658 | $2,780,000 | $1,677 | $1,765 | Jan 2025 | Resale |
| LA SUISSE | 11 | CCR | 5* | 01-05 | 1,658 | $2,500,000 | $1,508 | $1,587 | Jan 2025 | Resale |
| LA SUISSE | 11 | CCR | 5* | 01-05 | 2,045 | $2,938,888 | $1,437 | $1,513 | Nov 2023 | Resale |
| LA SUISSE | 11 | CCR | 5* | 01-05 | 1,679 | $2,700,000 | $1,608 | $1,693 | Oct 2023 | Resale |
| LA SUISSE | 11 | CCR | 5* | 01-05 | 1,658 | $2,620,000 | $1,581 | $1,664 | Aug 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.