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 MONDRIAN | 13 | RCR | 1 | 06-10 | 936 | $1,720,000 | $1,837 | $1,837 | Dec 2025 | Resale |
| PARC MONDRIAN | 13 | RCR | 1 | 11-15 | 904 | $1,750,000 | $1,935 | $1,935 | Jul 2025 | Resale |
| PARC MONDRIAN | 13 | RCR | 1 | 11-15 | 904 | $1,770,000 | $1,958 | $1,958 | Jun 2025 | Resale |
| PARC MONDRIAN | 13 | RCR | 2 | 01-05 | 1,206 | $2,230,000 | $1,850 | $1,850 | Jun 2025 | Resale |
| PARC MONDRIAN | 13 | RCR | 2 | 01-05 | 1,184 | $2,200,000 | $1,858 | $1,858 | Apr 2025 | Resale |
| PARC MONDRIAN | 13 | RCR | 2 | 11-15 | 1,206 | $2,270,000 | $1,883 | $1,883 | Feb 2025 | Resale |
| PARC MONDRIAN | 13 | RCR | 2 | 06-10 | 1,173 | $2,000,000 | $1,705 | $1,705 | Feb 2025 | Resale |
| PARC MONDRIAN | 13 | RCR | 4 | 16-20 | 2,368 | $3,300,000 | $1,394 | $1,394 | Dec 2024 | Resale |
| PARC MONDRIAN | 13 | RCR | 3 | 06-10 | 1,399 | $2,480,000 | $1,772 | $1,772 | Oct 2024 | Resale |
| PARC MONDRIAN | 13 | RCR | 2 | 11-15 | 1,173 | $2,100,000 | $1,790 | $1,790 | Jun 2024 | Resale |
| PARC MONDRIAN | 13 | RCR | 1 | 16-20 | 904 | $1,650,000 | $1,825 | $1,825 | Sep 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.