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 PALAIS | 21 | OCR | 3* | 06-10 | 1,227 | $2,115,000 | $1,724 | $1,724 | Apr 2026 | Resale |
| PARC PALAIS | 21 | OCR | 4* | 01-05 | 1,324 | $2,250,000 | $1,699 | $1,699 | Nov 2025 | Resale |
| PARC PALAIS | 21 | OCR | 4* | 01-05 | 1,335 | $2,288,000 | $1,714 | $1,714 | Nov 2025 | Resale |
| PARC PALAIS | 21 | OCR | 4* | 01-05 | 1,389 | $2,000,000 | $1,440 | $1,440 | Nov 2025 | Resale |
| PARC PALAIS | 21 | OCR | 4* | 01-05 | 1,313 | $2,090,000 | $1,592 | $1,592 | Sep 2025 | Resale |
| PARC PALAIS | 21 | OCR | 3* | 06-10 | 1,249 | $2,148,000 | $1,720 | $1,720 | Sep 2025 | Resale |
| PARC PALAIS | 21 | OCR | 3* | 01-05 | 1,227 | $2,038,000 | $1,661 | $1,661 | Sep 2025 | Resale |
| PARC PALAIS | 21 | OCR | 4* | 01-05 | 1,485 | $2,399,000 | $1,615 | $1,615 | Jul 2025 | Resale |
| PARC PALAIS | 21 | OCR | 4* | 06-10 | 1,270 | $2,160,000 | $1,701 | $1,701 | Jul 2025 | Resale |
| PARC PALAIS | 21 | OCR | 4* | 06-10 | 1,485 | $2,670,000 | $1,797 | $1,797 | Jul 2025 | Resale |
| PARC PALAIS | 21 | OCR | 5* | 06-10 | 2,680 | $4,150,000 | $1,548 | $1,548 | Jun 2025 | Resale |
| PARC PALAIS | 21 | OCR | 4* | 01-05 | 1,335 | $2,280,000 | $1,708 | $1,708 | Apr 2025 | Resale |
| PARC PALAIS | 21 | OCR | 4* | 06-10 | 1,356 | $2,150,000 | $1,585 | $1,585 | Mar 2025 | Resale |
| PARC PALAIS | 21 | OCR | 4* | 06-10 | 1,335 | $2,280,000 | $1,708 | $1,708 | Feb 2025 | Resale |
| PARC PALAIS | 21 | OCR | 4* | 06-10 | 1,507 | $2,768,888 | $1,837 | $1,837 | Feb 2025 | Resale |
| PARC PALAIS | 21 | OCR | 5* | 06-10 | 2,680 | $4,000,000 | $1,492 | $1,492 | Nov 2024 | Resale |
| PARC PALAIS | 21 | OCR | 5* | 06-10 | 2,799 | $4,100,000 | $1,465 | $1,465 | Oct 2024 | Resale |
| PARC PALAIS | 21 | OCR | 3* | 01-05 | 1,238 | $1,980,000 | $1,600 | $1,600 | Oct 2024 | Resale |
| PARC PALAIS | 21 | OCR | 3* | 01-05 | 1,206 | $1,980,000 | $1,642 | $1,642 | Sep 2024 | Resale |
| PARC PALAIS | 21 | OCR | 3* | 06-10 | 1,227 | $2,050,000 | $1,671 | $1,671 | Aug 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.