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 |
|---|---|---|---|---|---|---|---|---|---|---|
| OASIS @ MULBERRY | 13 | RCR | 5* | - | 1,703 | $5,028,888 | $2,953 | $2,953 | Feb 2026 | Resale |
| OASIS @ MULBERRY | 13 | RCR | 5* | - | 1,702 | $4,838,000 | $2,843 | $2,843 | Dec 2025 | Resale |
| OASIS @ MULBERRY | 13 | RCR | 5* | - | 1,703 | $4,838,000 | $2,841 | $2,841 | Aug 2025 | Resale |
| OASIS @ MULBERRY | 13 | RCR | 5* | - | 1,702 | $4,700,000 | $2,762 | $2,762 | Aug 2025 | Resale |
| OASIS @ MULBERRY | 13 | RCR | 5* | - | 1,705 | $4,200,000 | $2,463 | $2,463 | Aug 2024 | Resale |
| OASIS @ MULBERRY | 13 | RCR | 5* | - | 2,589 | $4,888,888 | $1,889 | $1,889 | Jul 2024 | Resale |
| OASIS @ MULBERRY | 13 | RCR | 5* | - | 1,704 | $4,560,000 | $2,676 | $2,676 | Jun 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.