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 ELEGANCE | 15 | OCR | 2 | 01-05 | 581 | $970,000 | $1,669 | $1,669 | Apr 2026 | Resale |
| PARC ELEGANCE | 15 | OCR | 1 | 01-05 | 474 | $800,000 | $1,689 | $1,689 | Dec 2025 | Resale |
| PARC ELEGANCE | 15 | OCR | 1 | 01-05 | 441 | $753,000 | $1,706 | $1,706 | Dec 2025 | Resale |
| PARC ELEGANCE | 15 | OCR | 1 | 01-05 | 398 | $686,000 | $1,722 | $1,722 | Oct 2025 | Resale |
| PARC ELEGANCE | 15 | OCR | 1 | 01-05 | 409 | $695,000 | $1,699 | $1,699 | Oct 2025 | Resale |
| PARC ELEGANCE | 15 | OCR | 1 | 01-05 | 398 | $685,000 | $1,720 | $1,720 | Aug 2025 | Resale |
| PARC ELEGANCE | 15 | OCR | 5 | 01-05 | 1,572 | $2,200,000 | $1,400 | $1,400 | May 2025 | Resale |
| PARC ELEGANCE | 15 | OCR | 1 | 01-05 | 441 | $755,000 | $1,711 | $1,711 | Feb 2025 | Resale |
| PARC ELEGANCE | 15 | OCR | 1 | 01-05 | 474 | $800,000 | $1,689 | $1,689 | Jan 2025 | Resale |
| PARC ELEGANCE | 15 | OCR | 3 | 01-05 | 947 | $1,388,888 | $1,466 | $1,466 | Jun 2024 | Resale |
| PARC ELEGANCE | 15 | OCR | 2 | 01-05 | 721 | $1,080,000 | $1,498 | $1,498 | Feb 2024 | Resale |
| PARC ELEGANCE | 15 | OCR | 2 | 01-05 | 603 | $968,000 | $1,606 | $1,606 | Jan 2024 | Resale |
| PARC ELEGANCE | 15 | OCR | 1 | 01-05 | 829 | $1,080,000 | $1,303 | $1,303 | Sep 2023 | Resale |
| PARC ELEGANCE | 15 | OCR | 1 | 01-05 | 398 | $650,000 | $1,632 | $1,632 | Aug 2023 | Resale |
| PARC ELEGANCE | 15 | OCR | 1 | 01-05 | 398 | $649,000 | $1,630 | $1,630 | Aug 2023 | Resale |
| PARC ELEGANCE | 15 | OCR | 1 | 01-05 | 409 | $633,000 | $1,548 | $1,548 | Jul 2023 | Resale |
| PARC ELEGANCE | 15 | OCR | 1 | 01-05 | 398 | $635,000 | $1,594 | $1,594 | Jun 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.