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 |
|---|---|---|---|---|---|---|---|---|---|---|
| PARBURY HILL CONDOMINIUM | 16 | OCR | 4 | 01-05 | 2,239 | $3,700,000 | $1,653 | $1,653 | Feb 2026 | Resale |
| PARBURY HILL CONDOMINIUM | 16 | OCR | 3 | 01-05 | 1,475 | $2,450,000 | $1,661 | $1,661 | Oct 2025 | Resale |
| PARBURY HILL CONDOMINIUM | 16 | OCR | 3 | 01-05 | 2,067 | $3,350,000 | $1,621 | $1,621 | Oct 2025 | Resale |
| PARBURY HILL CONDOMINIUM | 16 | OCR | 2 | 01-05 | 904 | $1,590,000 | $1,759 | $1,759 | May 2025 | Resale |
| PARBURY HILL CONDOMINIUM | 16 | OCR | 3 | 01-05 | 1,206 | $2,200,368 | $1,825 | $1,825 | Apr 2025 | Resale |
| PARBURY HILL CONDOMINIUM | 16 | OCR | 2 | 01-05 | 904 | $1,550,000 | $1,714 | $1,714 | Mar 2025 | Resale |
| PARBURY HILL CONDOMINIUM | 16 | OCR | 3 | 01-05 | 1,464 | $2,550,000 | $1,742 | $1,742 | Oct 2024 | Resale |
| PARBURY HILL CONDOMINIUM | 16 | OCR | 3* | 01-05 | 980 | $1,570,000 | $1,603 | $1,603 | Jun 2024 | Resale |
| PARBURY HILL CONDOMINIUM | 16 | OCR | 3 | 01-05 | 1,453 | $2,350,000 | $1,617 | $1,617 | Feb 2024 | Resale |
| PARBURY HILL CONDOMINIUM | 16 | OCR | 2 | 01-05 | 850 | $1,380,000 | $1,623 | $1,623 | Sep 2023 | Resale |
| PARBURY HILL CONDOMINIUM | 16 | OCR | 2 | 01-05 | 840 | $1,280,000 | $1,525 | $1,525 | Jun 2023 | Resale |
| PARBURY HILL CONDOMINIUM | 16 | OCR | 3 | 01-05 | 1,184 | $1,698,888 | $1,435 | $1,435 | Jun 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.