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 |
|---|---|---|---|---|---|---|---|---|---|---|
| PARKSHORE | 15 | RCR | 3 | 06-10 | 1,367 | $2,900,000 | $2,121 | $2,121 | Feb 2026 | Resale |
| PARKSHORE | 15 | RCR | 3 | 11-15 | 1,335 | $3,080,000 | $2,308 | $2,308 | Dec 2025 | Resale |
| PARKSHORE | 15 | RCR | 5* | 01-05 | 1,668 | $3,200,000 | $1,918 | $1,918 | May 2025 | Resale |
| PARKSHORE | 15 | RCR | 4 | 06-10 | 2,325 | $4,840,000 | $2,082 | $2,082 | May 2025 | Resale |
| PARKSHORE | 15 | RCR | 3 | 01-05 | 1,367 | $2,900,000 | $2,121 | $2,121 | Mar 2025 | Resale |
| PARKSHORE | 15 | RCR | 3 | 01-05 | 1,647 | $3,320,000 | $2,016 | $2,016 | Oct 2024 | Resale |
| PARKSHORE | 15 | RCR | 3 | 01-05 | 1,722 | $3,450,000 | $2,003 | $2,003 | Sep 2024 | Resale |
| PARKSHORE | 15 | RCR | 3 | 06-10 | 1,722 | $3,500,000 | $2,032 | $2,032 | Jul 2024 | Resale |
| PARKSHORE | 15 | RCR | 3 | 01-05 | 1,324 | $2,800,000 | $2,115 | $2,115 | Jun 2024 | Resale |
| PARKSHORE | 15 | RCR | 3* | 11-15 | 1,001 | $2,150,000 | $2,148 | $2,148 | Apr 2024 | Resale |
| PARKSHORE | 15 | RCR | 3* | 06-10 | 1,001 | $2,000,000 | $1,998 | $1,998 | Mar 2024 | Resale |
| PARKSHORE | 15 | RCR | 4 | 06-10 | 2,325 | $4,125,000 | $1,774 | $1,774 | Sep 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.