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 |
|---|---|---|---|---|---|---|---|---|---|---|
| LATITUDE | 10 | CCR | 4 | 11-15 | 2,788 | $7,650,000 | $2,744 | $2,744 | Dec 2025 | Resale |
| LATITUDE | 10 | CCR | 2 | 11-15 | 1,324 | $3,450,000 | $2,606 | $2,606 | Sep 2025 | Resale |
| LATITUDE | 10 | CCR | 2 | 16-20 | 1,324 | $3,600,000 | $2,719 | $2,719 | Feb 2025 | Resale |
| LATITUDE | 10 | CCR | 3 | 21-25 | 1,615 | $4,522,000 | $2,801 | $2,801 | Feb 2025 | Resale |
| LATITUDE | 10 | CCR | 4 | 06-10 | 2,788 | $7,200,000 | $2,583 | $2,583 | Jan 2025 | Resale |
| LATITUDE | 10 | CCR | 4 | 21-25 | 2,788 | $7,960,000 | $2,855 | $2,855 | Aug 2024 | Resale |
| LATITUDE | 10 | CCR | 3 | 06-10 | 1,615 | $4,120,000 | $2,552 | $2,552 | Apr 2024 | Resale |
| LATITUDE | 10 | CCR | 3 | 16-20 | 1,690 | $4,625,000 | $2,737 | $2,737 | Apr 2024 | Resale |
| LATITUDE | 10 | CCR | 3 | 01-05 | 1,927 | $5,650,000 | $2,932 | $2,932 | Jul 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.