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 |
|---|---|---|---|---|---|---|---|---|---|---|
| PARRY PARK | 19 | OCR | 5* | - | 1,680 | $4,250,000 | $2,529 | $2,662 | Mar 2026 | Resale |
| PARRY PARK | 19 | OCR | 5* | - | 3,593 | $5,000,000 | $1,392 | $1,465 | Dec 2025 | Resale |
| PARRY PARK | 19 | OCR | 5* | - | 2,787 | $4,518,000 | $1,621 | $1,706 | Oct 2025 | Resale |
| PARRY PARK | 19 | OCR | 5* | - | 1,606 | $4,038,888 | $2,515 | $2,647 | Oct 2025 | Resale |
| PARRY PARK | 19 | OCR | 5* | - | 1,686 | $3,848,888 | $2,283 | $2,403 | Jul 2025 | Resale |
| PARRY PARK | 19 | OCR | 5* | - | 1,719 | $3,750,000 | $2,182 | $2,297 | Jul 2024 | Resale |
| PARRY PARK | 19 | OCR | 5* | - | 1,681 | $3,780,000 | $2,248 | $2,366 | Jun 2024 | Resale |
| PARRY PARK | 19 | OCR | 5* | - | 1,620 | $3,838,000 | $2,369 | $2,494 | Jun 2024 | Resale |
| PARRY PARK | 19 | OCR | 5* | - | 1,685 | $3,800,000 | $2,256 | $2,375 | Mar 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.