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 QUEST | 23 | OCR | 2 | 01-05 | 710 | $1,200,000 | $1,689 | $1,886 | May 2026 | Resale |
| LE QUEST | 23 | OCR | 3 | 01-05 | 980 | $1,656,000 | $1,691 | $1,888 | May 2026 | Resale |
| LE QUEST | 23 | OCR | 3 | 16-20 | 1,141 | $1,813,000 | $1,589 | $1,774 | May 2026 | Resale |
| LE QUEST | 23 | OCR | 3 | 06-10 | 980 | $1,660,000 | $1,695 | $1,893 | May 2026 | Resale |
| LE QUEST | 23 | OCR | 1 | 11-15 | 495 | $805,000 | $1,626 | $1,816 | Apr 2026 | Resale |
| LE QUEST | 23 | OCR | 3 | 06-10 | 936 | $1,560,000 | $1,666 | $1,860 | Apr 2026 | Resale |
| LE QUEST | 23 | OCR | 1 | 01-05 | 431 | $730,000 | $1,695 | $1,893 | Apr 2026 | Resale |
| LE QUEST | 23 | OCR | 3 | 01-05 | 883 | $1,405,000 | $1,592 | $1,778 | Mar 2026 | Resale |
| LE QUEST | 23 | OCR | 1 | 06-10 | 431 | $750,000 | $1,742 | $1,945 | Mar 2026 | Resale |
| LE QUEST | 23 | OCR | 3 | 06-10 | 1,023 | $1,700,000 | $1,662 | $1,856 | Feb 2026 | Resale |
| LE QUEST | 23 | OCR | 2 | 06-10 | 710 | $1,200,000 | $1,689 | $1,886 | Feb 2026 | Resale |
| LE QUEST | 23 | OCR | 3 | 11-15 | 1,023 | $1,690,000 | $1,653 | $1,846 | Feb 2026 | Resale |
| LE QUEST | 23 | OCR | 1 | 01-05 | 495 | $796,000 | $1,608 | $1,796 | Jan 2026 | Resale |
| LE QUEST | 23 | OCR | 1 | 11-15 | 431 | $680,000 | $1,579 | $1,763 | Jan 2026 | Resale |
| LE QUEST | 23 | OCR | 3 | 06-10 | 936 | $1,400,000 | $1,495 | $1,670 | Dec 2025 | Resale |
| LE QUEST | 23 | OCR | 4 | 11-15 | 1,130 | $1,870,000 | $1,655 | $1,848 | Dec 2025 | Resale |
| LE QUEST | 23 | OCR | 2 | 06-10 | 592 | $975,000 | $1,647 | $1,839 | Nov 2025 | Resale |
| LE QUEST | 23 | OCR | 3 | 06-10 | 980 | $1,625,000 | $1,659 | $1,853 | Oct 2025 | Resale |
| LE QUEST | 23 | OCR | 2 | 06-10 | 710 | $1,185,000 | $1,668 | $1,863 | Oct 2025 | Resale |
| LE QUEST | 23 | OCR | 3 | 06-10 | 1,023 | $1,680,000 | $1,643 | $1,835 | Sep 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.