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 |
|---|---|---|---|---|---|---|---|---|---|---|
| LE HILL CONDOMINIUM | 5 | RCR | 3 | 01-05 | 1,464 | $2,205,000 | $1,506 | $1,506 | Mar 2026 | Resale |
| LE HILL CONDOMINIUM | 5 | RCR | 2 | 01-05 | 990 | $1,552,000 | $1,567 | $1,567 | Aug 2025 | Resale |
| LE HILL CONDOMINIUM | 5 | RCR | 5* | 01-05 | 1,711 | $2,100,000 | $1,227 | $1,227 | May 2025 | Resale |
| LE HILL CONDOMINIUM | 5 | RCR | 3 | 01-05 | 1,206 | $1,795,000 | $1,489 | $1,489 | Apr 2025 | Resale |
| LE HILL CONDOMINIUM | 5 | RCR | 4* | 01-05 | 1,335 | $1,868,000 | $1,400 | $1,400 | Feb 2025 | Resale |
| LE HILL CONDOMINIUM | 5 | RCR | 2 | 01-05 | 990 | $1,470,000 | $1,484 | $1,484 | Jan 2025 | Resale |
| LE HILL CONDOMINIUM | 5 | RCR | 4* | 01-05 | 1,302 | $1,765,000 | $1,355 | $1,355 | Oct 2024 | Resale |
| LE HILL CONDOMINIUM | 5 | RCR | 4* | 01-05 | 1,324 | $1,740,000 | $1,314 | $1,314 | Aug 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.