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 PLACE RESIDENCES AT PLQ | 14 | RCR | 1 | 11-15 | 484 | $1,060,000 | $2,188 | $2,452 | Apr 2026 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 2 | 11-15 | 667 | $1,570,000 | $2,353 | $2,637 | Mar 2026 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 1 | 11-15 | 484 | $1,090,000 | $2,250 | $2,522 | Feb 2026 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 3 | 06-10 | 1,087 | $2,480,000 | $2,281 | $2,556 | Jan 2026 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 2 | 06-10 | 678 | $1,595,000 | $2,352 | $2,636 | Jan 2026 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 2 | 06-10 | 646 | $1,450,000 | $2,245 | $2,516 | Dec 2025 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 2 | 06-10 | 667 | $1,580,000 | $2,368 | $2,654 | Dec 2025 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 2 | 06-10 | 667 | $1,586,000 | $2,377 | $2,664 | Dec 2025 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 2 | 06-10 | 646 | $1,405,000 | $2,175 | $2,438 | Oct 2025 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 2 | 11-15 | 678 | $1,620,000 | $2,389 | $2,678 | Sep 2025 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 3 | 01-05 | 1,206 | $2,365,000 | $1,962 | $2,199 | Sep 2025 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 1 | 11-15 | 484 | $1,080,000 | $2,230 | $2,499 | Sep 2025 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 2 | 01-05 | 797 | $1,795,000 | $2,254 | $2,526 | Sep 2025 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 1 | 11-15 | 484 | $1,063,800 | $2,196 | $2,461 | Aug 2025 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 1 | 16-20 | 484 | $1,060,000 | $2,188 | $2,452 | Aug 2025 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 3 | 06-10 | 1,163 | $2,620,000 | $2,254 | $2,526 | Jul 2025 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 2 | 06-10 | 678 | $1,600,000 | $2,359 | $2,644 | Jul 2025 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 2 | 01-05 | 667 | $1,500,000 | $2,248 | $2,520 | Jul 2025 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 2 | 01-05 | 646 | $1,328,000 | $2,056 | $2,304 | Jul 2025 | Resale |
| PARK PLACE RESIDENCES AT PLQ | 14 | RCR | 2 | 11-15 | 646 | $1,443,000 | $2,234 | $2,504 | Jul 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.