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 |
|---|---|---|---|---|---|---|---|---|---|---|
| NORMANTON PARK | 5 | RCR | 2* | 11-15 | 635 | $1,233,000 | $1,942 | $2,152 | May 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 1 | 01-05 | 527 | $885,000 | $1,678 | $1,859 | May 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 2 | 21-25 | 657 | $1,298,000 | $1,977 | $2,191 | May 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 3 | 11-15 | 1,087 | $2,260,000 | $2,079 | $2,304 | May 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 4 | 11-15 | 1,313 | $2,820,000 | $2,147 | $2,379 | May 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 2 | 16-20 | 667 | $1,288,000 | $1,930 | $2,139 | Apr 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 2 | 01-05 | 657 | $1,250,000 | $1,904 | $2,110 | Apr 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 3* | 01-05 | 958 | $1,890,000 | $1,973 | $2,186 | Apr 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 3 | 16-20 | 969 | $2,043,000 | $2,109 | $2,337 | Apr 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 1 | 11-15 | 581 | $1,115,888 | $1,920 | $2,127 | Apr 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 1* | 01-05 | 495 | $915,000 | $1,848 | $2,048 | Apr 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 1 | 01-05 | 527 | $902,000 | $1,710 | $1,895 | Apr 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 4 | 11-15 | 1,313 | $2,910,000 | $2,216 | $2,455 | Apr 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 3* | 06-10 | 1,076 | $2,280,000 | $2,118 | $2,347 | Apr 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 2 | 16-20 | 667 | $1,360,000 | $2,038 | $2,258 | Mar 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 3 | 11-15 | 936 | $1,930,000 | $2,061 | $2,284 | Mar 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 2 | 01-05 | 764 | $1,515,000 | $1,982 | $2,196 | Mar 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 3 | 16-20 | 969 | $1,900,000 | $1,961 | $2,173 | Mar 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 1 | 21-25 | 646 | $1,175,000 | $1,819 | $2,016 | Mar 2026 | Resale |
| NORMANTON PARK | 5 | RCR | 3 | 11-15 | 1,066 | $2,220,000 | $2,083 | $2,308 | Mar 2026 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.