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 |
|---|---|---|---|---|---|---|---|---|---|---|
| PARK EAST | 15 | OCR | 4* | 01-05 | 1,345 | $2,360,000 | $1,754 | $1,754 | Apr 2026 | Resale |
| PARK EAST | 15 | OCR | 4* | 01-05 | 1,345 | $2,420,000 | $1,799 | $1,799 | Mar 2026 | Resale |
| PARK EAST | 15 | OCR | 2* | 01-05 | 872 | $1,720,000 | $1,973 | $1,973 | Dec 2025 | Resale |
| PARK EAST | 15 | OCR | 5* | 06-10 | 2,024 | $3,530,000 | $1,744 | $1,744 | Jul 2025 | Resale |
| PARK EAST | 15 | OCR | 3* | 01-05 | 1,001 | $1,680,000 | $1,678 | $1,678 | Feb 2025 | Resale |
| PARK EAST | 15 | OCR | 4* | 01-05 | 1,335 | $2,330,000 | $1,746 | $1,746 | Oct 2024 | Resale |
| PARK EAST | 15 | OCR | 5* | 01-05 | 2,077 | $2,900,000 | $1,396 | $1,396 | Sep 2024 | Resale |
| PARK EAST | 15 | OCR | 4* | 01-05 | 1,345 | $2,188,000 | $1,626 | $1,626 | Aug 2024 | Resale |
| PARK EAST | 15 | OCR | 5* | 06-10 | 2,024 | $3,400,000 | $1,680 | $1,680 | Aug 2024 | Resale |
| PARK EAST | 15 | OCR | 5* | 01-05 | 1,722 | $2,670,000 | $1,550 | $1,550 | Mar 2024 | Resale |
| PARK EAST | 15 | OCR | 5* | 01-05 | 2,024 | $3,160,000 | $1,562 | $1,562 | Mar 2024 | Resale |
| PARK EAST | 15 | OCR | 5* | 06-10 | 1,970 | $3,380,000 | $1,716 | $1,716 | Mar 2024 | Resale |
| PARK EAST | 15 | OCR | 3 | 01-05 | 1,755 | $2,700,000 | $1,539 | $1,539 | Feb 2024 | Resale |
| PARK EAST | 15 | OCR | 5* | 01-05 | 1,970 | $3,200,000 | $1,625 | $1,625 | Feb 2024 | Resale |
| PARK EAST | 15 | OCR | 3 | 01-05 | 1,690 | $2,670,000 | $1,580 | $1,580 | Nov 2023 | Resale |
| PARK EAST | 15 | OCR | 3 | 01-05 | 1,690 | $2,660,000 | $1,574 | $1,574 | Oct 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.