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 |
|---|---|---|---|---|---|---|---|---|---|---|
| PARVIS | 10 | CCR | 3* | 06-10 | 990 | $2,500,000 | $2,525 | $2,525 | Apr 2026 | Resale |
| PARVIS | 10 | CCR | 5* | 11-15 | 2,303 | $5,450,000 | $2,366 | $2,366 | Mar 2026 | Resale |
| PARVIS | 10 | CCR | 5* | 01-05 | 2,583 | $5,800,000 | $2,245 | $2,245 | Feb 2026 | Resale |
| PARVIS | 10 | CCR | 5* | 01-05 | 1,701 | $4,430,000 | $2,605 | $2,605 | Nov 2025 | Resale |
| PARVIS | 10 | CCR | 5* | 01-05 | 2,605 | $5,780,000 | $2,219 | $2,219 | Nov 2025 | Resale |
| PARVIS | 10 | CCR | 5* | 11-15 | 3,229 | $7,200,000 | $2,230 | $2,230 | Oct 2025 | Resale |
| PARVIS | 10 | CCR | 5* | 06-10 | 1,701 | $4,450,000 | $2,617 | $2,617 | Sep 2025 | Resale |
| PARVIS | 10 | CCR | 5* | 11-15 | 1,991 | $4,900,000 | $2,461 | $2,461 | Sep 2025 | Resale |
| PARVIS | 10 | CCR | 5* | 01-05 | 2,260 | $4,775,000 | $2,112 | $2,112 | Sep 2025 | Resale |
| PARVIS | 10 | CCR | 5* | 06-10 | 1,701 | $4,550,000 | $2,675 | $2,675 | Aug 2025 | Resale |
| PARVIS | 10 | CCR | 3* | 01-05 | 990 | $2,368,000 | $2,391 | $2,391 | Apr 2025 | Resale |
| PARVIS | 10 | CCR | 5* | 01-05 | 1,991 | $5,050,000 | $2,536 | $2,536 | Apr 2025 | Resale |
| PARVIS | 10 | CCR | 5* | 01-05 | 2,260 | $4,780,000 | $2,115 | $2,115 | Feb 2025 | Resale |
| PARVIS | 10 | CCR | 5* | 11-15 | 2,788 | $6,100,000 | $2,188 | $2,188 | Jan 2025 | Resale |
| PARVIS | 10 | CCR | 5* | 06-10 | 1,701 | $4,280,000 | $2,517 | $2,517 | Sep 2024 | Resale |
| PARVIS | 10 | CCR | 5* | 06-10 | 2,013 | $5,000,000 | $2,484 | $2,484 | Jul 2024 | Resale |
| PARVIS | 10 | CCR | 5* | 06-10 | 1,991 | $4,790,000 | $2,405 | $2,405 | Apr 2024 | Resale |
| PARVIS | 10 | CCR | 5* | 06-10 | 2,013 | $4,850,000 | $2,410 | $2,410 | Apr 2024 | Resale |
| PARVIS | 10 | CCR | 3* | 06-10 | 990 | $2,395,000 | $2,419 | $2,419 | Oct 2023 | Resale |
| PARVIS | 10 | CCR | 3* | 11-15 | 990 | $2,308,000 | $2,331 | $2,331 | Oct 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.