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 |
|---|---|---|---|---|---|---|---|---|---|---|
| LILYDALE | 27 | OCR | 3 | 01-05 | 1,238 | $1,150,000 | $929 | $1,118 | Feb 2026 | Resale |
| LILYDALE | 27 | OCR | 3 | 11-15 | 1,195 | $1,120,000 | $937 | $1,127 | Jan 2026 | Resale |
| LILYDALE | 27 | OCR | 3 | 06-10 | 1,195 | $1,168,000 | $978 | $1,177 | Dec 2025 | Resale |
| LILYDALE | 27 | OCR | 3 | 01-05 | 1,195 | $1,050,000 | $879 | $1,057 | Sep 2025 | Resale |
| LILYDALE | 27 | OCR | 3 | 11-15 | 1,195 | $1,150,000 | $963 | $1,158 | Sep 2025 | Resale |
| LILYDALE | 27 | OCR | 3 | 06-10 | 1,238 | $1,148,000 | $927 | $1,115 | Aug 2025 | Resale |
| LILYDALE | 27 | OCR | 3 | 01-05 | 1,227 | $1,198,000 | $976 | $1,174 | Jul 2025 | Resale |
| LILYDALE | 27 | OCR | 3 | 11-15 | 1,195 | $1,200,000 | $1,004 | $1,208 | Jun 2025 | Resale |
| LILYDALE | 27 | OCR | 3 | 01-05 | 1,270 | $1,143,000 | $900 | $1,083 | Jun 2025 | Resale |
| LILYDALE | 27 | OCR | 3 | 01-05 | 1,195 | $1,150,000 | $963 | $1,158 | Mar 2025 | Resale |
| LILYDALE | 27 | OCR | 3 | 06-10 | 1,195 | $1,130,000 | $946 | $1,138 | Oct 2024 | Resale |
| LILYDALE | 27 | OCR | 3 | 01-05 | 1,227 | $1,100,000 | $896 | $1,078 | Aug 2024 | Resale |
| LILYDALE | 27 | OCR | 3 | 01-05 | 1,227 | $1,110,000 | $905 | $1,089 | Jul 2024 | Resale |
| LILYDALE | 27 | OCR | 3 | 06-10 | 1,259 | $1,125,000 | $893 | $1,074 | Jul 2024 | Resale |
| LILYDALE | 27 | OCR | 3 | 11-15 | 1,195 | $1,125,000 | $942 | $1,133 | May 2024 | Resale |
| LILYDALE | 27 | OCR | 3 | 01-05 | 1,195 | $1,048,000 | $877 | $1,055 | May 2024 | Resale |
| LILYDALE | 27 | OCR | 3 | 06-10 | 1,195 | $1,095,000 | $916 | $1,102 | Mar 2024 | Resale |
| LILYDALE | 27 | OCR | 3 | 01-05 | 1,421 | $1,420,000 | $999 | $1,202 | Mar 2024 | Resale |
| LILYDALE | 27 | OCR | 3 | 01-05 | 1,195 | $1,065,000 | $891 | $1,072 | Feb 2024 | Resale |
| LILYDALE | 27 | OCR | 3 | 01-05 | 1,238 | $1,100,000 | $889 | $1,069 | Feb 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.