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 |
|---|---|---|---|---|---|---|---|---|---|---|
| LAVERNE'S LOFT | 15 | OCR | 3* | 01-05 | 1,109 | $1,230,000 | $1,109 | $1,109 | Mar 2026 | Resale |
| LAVERNE'S LOFT | 15 | OCR | 1* | 01-05 | 463 | $748,888 | $1,618 | $1,618 | Feb 2026 | Resale |
| LAVERNE'S LOFT | 15 | OCR | 1* | 01-05 | 474 | $780,000 | $1,647 | $1,647 | Jul 2025 | Resale |
| LAVERNE'S LOFT | 15 | OCR | 1* | 01-05 | 398 | $750,000 | $1,883 | $1,883 | May 2025 | Resale |
| LAVERNE'S LOFT | 15 | OCR | 4* | 01-05 | 1,270 | $1,330,000 | $1,047 | $1,047 | Apr 2025 | Resale |
| LAVERNE'S LOFT | 15 | OCR | 1* | 01-05 | 474 | $740,000 | $1,562 | $1,562 | Nov 2023 | Resale |
| LAVERNE'S LOFT | 15 | OCR | 1* | 01-05 | 441 | $770,000 | $1,745 | $1,745 | Nov 2023 | Resale |
| LAVERNE'S LOFT | 15 | OCR | 1* | 01-05 | 398 | $645,000 | $1,620 | $1,620 | Jul 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.