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 |
|---|---|---|---|---|---|---|---|---|---|---|
| PARC BLEU | 15 | OCR | 1 | 01-05 | 463 | $788,000 | $1,703 | $1,703 | Mar 2026 | Resale |
| PARC BLEU | 15 | OCR | 2 | 01-05 | 1,195 | $1,530,000 | $1,281 | $1,281 | Feb 2026 | Resale |
| PARC BLEU | 15 | OCR | 2 | 01-05 | 1,281 | $1,780,000 | $1,390 | $1,390 | Oct 2025 | Resale |
| PARC BLEU | 15 | OCR | 2 | 01-05 | 1,001 | $1,288,800 | $1,287 | $1,287 | Sep 2025 | Resale |
| PARC BLEU | 15 | OCR | 2 | 01-05 | 700 | $1,160,000 | $1,658 | $1,658 | Aug 2025 | Resale |
| PARC BLEU | 15 | OCR | 2 | 01-05 | 700 | $1,100,000 | $1,572 | $1,572 | Jun 2025 | Resale |
| PARC BLEU | 15 | OCR | 1 | 01-05 | 452 | $755,000 | $1,670 | $1,670 | Jan 2025 | Resale |
| PARC BLEU | 15 | OCR | 1 | 01-05 | 463 | $750,000 | $1,620 | $1,620 | Jun 2024 | Resale |
| PARC BLEU | 15 | OCR | 2 | 01-05 | 1,141 | $1,470,000 | $1,288 | $1,288 | Apr 2024 | Resale |
| PARC BLEU | 15 | OCR | 2 | 01-05 | 1,119 | $1,435,000 | $1,282 | $1,282 | Jan 2024 | Resale |
| PARC BLEU | 15 | OCR | 1 | 01-05 | 452 | $700,000 | $1,548 | $1,548 | Aug 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.