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 3TWO | 14 | RCR | 1* | 06-10 | 452 | $728,888 | $1,612 | $1,612 | Apr 2026 | Resale |
| REZI 3TWO | 14 | RCR | 2 | 01-05 | 474 | $758,000 | $1,600 | $1,600 | Feb 2026 | Resale |
| REZI 3TWO | 14 | RCR | 1 | 01-05 | 463 | $739,888 | $1,599 | $1,599 | Jan 2026 | Resale |
| REZI 3TWO | 14 | RCR | 1 | 06-10 | 495 | $756,000 | $1,527 | $1,527 | Oct 2025 | Resale |
| REZI 3TWO | 14 | RCR | 1 | 01-05 | 495 | $770,000 | $1,555 | $1,555 | Mar 2025 | Resale |
| REZI 3TWO | 14 | RCR | 1 | 01-05 | 463 | $730,000 | $1,577 | $1,577 | Oct 2024 | Resale |
| REZI 3TWO | 14 | RCR | 1* | 01-05 | 452 | $750,000 | $1,659 | $1,659 | Oct 2024 | Resale |
| REZI 3TWO | 14 | RCR | 2 | 01-05 | 474 | $690,000 | $1,457 | $1,457 | Feb 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.