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 |
|---|---|---|---|---|---|---|---|---|---|---|
| MAYFAIR PARK | 21 | RCR | 5* | - | 3,536 | $1,350,000 | $382 | — | Feb 2026 | Resale |
| MAYFAIR PARK | 21 | RCR | 5* | - | 3,649 | $880,000 | $241 | — | Dec 2025 | Resale |
| MAYFAIR PARK | 21 | RCR | 3* | 01-05 | 915 | $408,888 | $447 | — | Sep 2025 | Resale |
| MAYFAIR PARK | 21 | RCR | 5* | - | 3,204 | $850,000 | $265 | — | Sep 2025 | Resale |
| MAYFAIR PARK | 21 | RCR | 5* | - | 3,333 | $1,000,000 | $300 | — | Aug 2025 | Resale |
| MAYFAIR PARK | 21 | RCR | 5* | - | 3,222 | $1,180,000 | $366 | — | Mar 2025 | Resale |
| MAYFAIR PARK | 21 | RCR | 5* | - | 4,936 | $1,450,000 | $294 | — | Sep 2024 | Resale |
| MAYFAIR PARK | 21 | RCR | 5* | - | 2,294 | $1,430,000 | $623 | — | May 2024 | Resale |
| MAYFAIR PARK | 21 | RCR | 5* | - | 5,349 | $1,350,000 | $252 | — | Oct 2023 | Resale |
| MAYFAIR PARK | 21 | RCR | 5* | - | 3,050 | $950,000 | $311 | — | Oct 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.