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 HAVEN | 12 | RCR | 1 | 06-10 | 689 | $1,070,906 | $1,555 | $1,555 | Oct 2025 | Resale |
| PARC HAVEN | 12 | RCR | 2 | 06-10 | 1,012 | $1,550,000 | $1,532 | $1,532 | Oct 2025 | Resale |
| PARC HAVEN | 12 | RCR | 2 | 01-05 | 1,313 | $1,848,000 | $1,407 | $1,407 | Apr 2025 | Resale |
| PARC HAVEN | 12 | RCR | 1 | 01-05 | 775 | $920,000 | $1,187 | $1,187 | Aug 2024 | Resale |
| PARC HAVEN | 12 | RCR | 3 | 01-05 | 1,378 | $2,000,000 | $1,452 | $1,452 | Jun 2024 | Resale |
| PARC HAVEN | 12 | RCR | 2 | 01-05 | 1,012 | $1,428,888 | $1,412 | $1,412 | May 2024 | Resale |
| PARC HAVEN | 12 | RCR | 2 | 06-10 | 1,313 | $1,900,000 | $1,447 | $1,447 | Feb 2024 | Resale |
| PARC HAVEN | 12 | RCR | 2 | 06-10 | 1,012 | $1,520,000 | $1,502 | $1,502 | Aug 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.