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 |
|---|---|---|---|---|---|---|---|---|---|---|
| OTTO PLACE | 24 | OCR | 3* | 01-05 | 1,195 | $1,994,000 | $1,669 | $1,742 | Apr 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 3* | 01-05 | 1,195 | $2,012,000 | $1,684 | $1,758 | Mar 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 3* | 06-10 | 947 | $1,614,000 | $1,704 | $1,779 | Mar 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 3* | 01-05 | 947 | $1,648,000 | $1,740 | $1,816 | Mar 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 3* | 01-05 | 947 | $1,633,000 | $1,724 | $1,800 | Mar 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 3* | 11-15 | 947 | $1,721,000 | $1,817 | $1,897 | Feb 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 3* | 01-05 | 904 | $1,525,000 | $1,687 | $1,761 | Feb 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 3* | 16-20 | 947 | $1,771,000 | $1,870 | $1,952 | Feb 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 3* | 11-15 | 904 | $1,575,000 | $1,742 | $1,818 | Feb 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 3* | 01-05 | 936 | $1,618,000 | $1,728 | $1,819 | Feb 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 3* | 01-05 | 1,195 | $2,037,000 | $1,705 | $1,780 | Feb 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 3* | 06-10 | 958 | $1,688,000 | $1,762 | $1,839 | Feb 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 2* | 11-15 | 872 | $1,533,000 | $1,758 | $1,851 | Feb 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 3* | 11-15 | 1,195 | $2,139,000 | $1,790 | $1,868 | Feb 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 3* | 11-15 | 958 | $1,672,000 | $1,745 | $1,822 | Feb 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 3* | 06-10 | 904 | $1,593,000 | $1,762 | $1,839 | Feb 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 2* | 01-05 | 872 | $1,486,000 | $1,704 | $1,779 | Jan 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 2* | 06-10 | 872 | $1,590,000 | $1,824 | $1,904 | Jan 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 2* | 01-05 | 872 | $1,499,000 | $1,719 | $1,794 | Jan 2026 | New Sale |
| OTTO PLACE | 24 | OCR | 3* | 01-05 | 904 | $1,541,000 | $1,704 | $1,779 | Jan 2026 | New Sale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.