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 |
|---|---|---|---|---|---|---|---|---|---|---|
| MEDGE | 11 | CCR | 2* | 11-15 | 807 | $1,358,000 | $1,682 | $1,682 | Dec 2025 | Resale |
| MEDGE | 11 | CCR | 2* | 01-05 | 861 | $1,510,000 | $1,754 | $1,754 | Nov 2025 | Resale |
| MEDGE | 11 | CCR | 2* | 06-10 | 861 | $1,450,000 | $1,684 | $1,684 | May 2024 | Resale |
| MEDGE | 11 | CCR | 4* | 16-20 | 1,313 | $2,318,000 | $1,765 | $1,765 | Feb 2024 | Resale |
| MEDGE | 11 | CCR | 1* | 11-15 | 463 | $865,000 | $1,869 | $1,869 | Oct 2023 | Resale |
| MEDGE | 11 | CCR | 2* | 11-15 | 861 | $1,390,000 | $1,614 | $1,614 | Aug 2023 | Resale |
| MEDGE | 11 | CCR | 2* | 01-05 | 807 | $1,280,000 | $1,586 | $1,586 | Jul 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.