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 |
|---|---|---|---|---|---|---|---|---|---|---|
| REZI 24 | 14 | RCR | 2 | 01-05 | 753 | $1,200,000 | $1,593 | $1,593 | Mar 2026 | Resale |
| REZI 24 | 14 | RCR | 2 | 06-10 | 646 | $1,122,000 | $1,737 | $1,737 | Jan 2026 | Resale |
| REZI 24 | 14 | RCR | 2 | 01-05 | 657 | $1,098,000 | $1,672 | $1,672 | Oct 2025 | Resale |
| REZI 24 | 14 | RCR | 2 | 06-10 | 549 | $985,000 | $1,794 | $1,794 | Oct 2025 | Resale |
| REZI 24 | 14 | RCR | 2 | 01-05 | 753 | $1,320,000 | $1,752 | $1,752 | Sep 2025 | Resale |
| REZI 24 | 14 | RCR | 2 | 01-05 | 700 | $1,168,888 | $1,671 | $1,671 | Aug 2025 | Resale |
| REZI 24 | 14 | RCR | 2 | 01-05 | 753 | $1,280,000 | $1,699 | $1,699 | Aug 2025 | Resale |
| REZI 24 | 14 | RCR | 1 | 01-05 | 495 | $868,000 | $1,753 | $1,753 | Jun 2025 | Resale |
| REZI 24 | 14 | RCR | 2 | 01-05 | 549 | $970,000 | $1,767 | $1,767 | Jun 2025 | Resale |
| REZI 24 | 14 | RCR | 2 | 06-10 | 603 | $1,062,000 | $1,762 | $1,762 | Dec 2024 | Resale |
| REZI 24 | 14 | RCR | 3 | 06-10 | 1,184 | $1,780,000 | $1,503 | $1,503 | Dec 2024 | Resale |
| REZI 24 | 14 | RCR | 2 | 06-10 | 549 | $980,000 | $1,785 | $1,785 | Nov 2024 | Resale |
| REZI 24 | 14 | RCR | 1 | 06-10 | 463 | $840,000 | $1,815 | $1,815 | Apr 2024 | Resale |
| REZI 24 | 14 | RCR | 2 | 01-05 | 549 | $930,000 | $1,694 | $1,694 | Jan 2024 | Sub Sale |
| REZI 24 | 14 | RCR | 4 | 06-10 | 1,335 | $1,980,000 | $1,483 | $1,483 | Sep 2023 | Sub Sale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.