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 |
|---|---|---|---|---|---|---|---|---|---|---|
| PARKSUITES | 10 | CCR | 2 | 01-05 | 786 | $2,043,270 | $2,600 | $2,851 | Mar 2026 | Resale |
| PARKSUITES | 10 | CCR | 2* | 01-05 | 764 | $1,911,940 | $2,502 | $2,743 | Jan 2026 | Resale |
| PARKSUITES | 10 | CCR | 2 | 01-05 | 786 | $1,852,388 | $2,357 | $2,584 | Oct 2025 | Resale |
| PARKSUITES | 10 | CCR | 2 | 01-05 | 786 | $1,892,100 | $2,408 | $2,640 | Sep 2025 | Resale |
| PARKSUITES | 10 | CCR | 2 | 01-05 | 786 | $1,680,000 | $2,138 | $2,344 | Sep 2025 | Resale |
| PARKSUITES | 10 | CCR | 2* | 01-05 | 807 | $1,890,000 | $2,341 | $2,567 | Aug 2025 | Resale |
| PARKSUITES | 10 | CCR | 2 | 01-05 | 786 | $1,970,000 | $2,507 | $2,749 | Mar 2025 | Resale |
| PARKSUITES | 10 | CCR | 1 | 01-05 | 635 | $1,560,000 | $2,456 | $2,693 | Feb 2024 | New Sale |
| PARKSUITES | 10 | CCR | 2 | 01-05 | 786 | $2,070,000 | $2,634 | $2,888 | Dec 2023 | New Sale |
| PARKSUITES | 10 | CCR | 1 | 01-05 | 635 | $1,443,321 | $2,273 | $2,492 | Oct 2023 | New Sale |
| PARKSUITES | 10 | CCR | 2 | 01-05 | 786 | $2,070,000 | $2,634 | $2,888 | Jul 2023 | New Sale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.