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 |
|---|---|---|---|---|---|---|---|---|---|---|
| LUXUS HILLS | 28 | OCR | 5* | - | 1,615 | $4,510,000 | $2,793 | $2,940 | Mar 2026 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 2,287 | $5,500,000 | $2,405 | $2,532 | Feb 2026 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 1,615 | $4,780,000 | $2,961 | $3,117 | Feb 2026 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 1,615 | $4,910,000 | $3,041 | $3,201 | Jan 2026 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 2,207 | $5,180,000 | $2,348 | $2,472 | Dec 2025 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 1,644 | $4,600,000 | $2,799 | $2,946 | Dec 2025 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 2,180 | $4,800,000 | $2,202 | $2,318 | Sep 2025 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 1,615 | $4,800,000 | $2,973 | $3,129 | Sep 2025 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 2,153 | $5,050,000 | $2,346 | $2,469 | Sep 2025 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 1,615 | $4,580,000 | $2,837 | $2,986 | Aug 2025 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 1,615 | $4,408,000 | $2,730 | $2,874 | Jul 2025 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 1,615 | $4,800,000 | $2,973 | $3,129 | Jun 2025 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 2,153 | $5,000,000 | $2,323 | $2,445 | Apr 2025 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 2,180 | $5,108,800 | $2,344 | $2,467 | Mar 2025 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 1,615 | $4,558,000 | $2,823 | $2,972 | Feb 2025 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 1,615 | $4,350,000 | $2,694 | $2,836 | Feb 2025 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 1,615 | $4,400,000 | $2,725 | $2,868 | Feb 2025 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 2,248 | $5,300,000 | $2,358 | $2,482 | Feb 2025 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 1,615 | $4,650,000 | $2,880 | $3,032 | Jan 2025 | Resale |
| LUXUS HILLS | 28 | OCR | 5* | - | 2,341 | $5,228,000 | $2,233 | $2,351 | Dec 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.