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 |
|---|---|---|---|---|---|---|---|---|---|---|
| LOFT @ NATHAN | 10 | CCR | 1 | 01-05 | 377 | $788,000 | $2,092 | $2,092 | Sep 2025 | Resale |
| LOFT @ NATHAN | 10 | CCR | 1 | 01-05 | 388 | $785,000 | $2,026 | $2,026 | Jun 2025 | Resale |
| LOFT @ NATHAN | 10 | CCR | 1 | 01-05 | 463 | $915,000 | $1,977 | $1,977 | Apr 2025 | Resale |
| LOFT @ NATHAN | 10 | CCR | 1 | 01-05 | 452 | $910,000 | $2,013 | $2,013 | Jan 2025 | Resale |
| LOFT @ NATHAN | 10 | CCR | 3* | 06-10 | 980 | $1,510,000 | $1,542 | $1,542 | Oct 2024 | Resale |
| LOFT @ NATHAN | 10 | CCR | 1 | 01-05 | 463 | $920,000 | $1,988 | $1,988 | Jul 2024 | Resale |
| LOFT @ NATHAN | 10 | CCR | 2 | 06-10 | 1,023 | $1,450,000 | $1,418 | $1,418 | Mar 2024 | Resale |
| LOFT @ NATHAN | 10 | CCR | 2 | 06-10 | 1,023 | $1,400,000 | $1,369 | $1,369 | Jan 2024 | Resale |
| LOFT @ NATHAN | 10 | CCR | 1 | 01-05 | 463 | $900,000 | $1,944 | $1,944 | Dec 2023 | Resale |
| LOFT @ NATHAN | 10 | CCR | 1 | 01-05 | 506 | $968,000 | $1,913 | $1,913 | Dec 2023 | Resale |
| LOFT @ NATHAN | 10 | CCR | 1 | 01-05 | 388 | $812,000 | $2,095 | $2,095 | Oct 2023 | Resale |
| LOFT @ NATHAN | 10 | CCR | 1 | 06-10 | 441 | $890,000 | $2,017 | $2,017 | Jul 2023 | Resale |
| LOFT @ NATHAN | 10 | CCR | 1 | 01-05 | 452 | $880,000 | $1,947 | $1,947 | Jul 2023 | Resale |
| LOFT @ NATHAN | 10 | CCR | 1 | 06-10 | 463 | $880,000 | $1,901 | $1,901 | Jun 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.