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 |
|---|---|---|---|---|---|---|---|---|---|---|
| RV ALTITUDE | 9 | CCR | 2 | 11-15 | 441 | $1,210,000 | $2,742 | $2,742 | Apr 2026 | Resale |
| RV ALTITUDE | 9 | CCR | 2 | 11-15 | 635 | $1,758,888 | $2,770 | $2,770 | Feb 2026 | Resale |
| RV ALTITUDE | 9 | CCR | 2 | 06-10 | 570 | $1,625,000 | $2,848 | $2,848 | Dec 2025 | Resale |
| RV ALTITUDE | 9 | CCR | 2 | 11-15 | 441 | $1,270,000 | $2,878 | $2,878 | Aug 2025 | Resale |
| RV ALTITUDE | 9 | CCR | 2 | 21-25 | 603 | $1,700,000 | $2,820 | $2,820 | May 2025 | Resale |
| RV ALTITUDE | 9 | CCR | 2 | 11-15 | 635 | $1,750,000 | $2,756 | $2,756 | Mar 2025 | Resale |
| RV ALTITUDE | 9 | CCR | 2 | 06-10 | 624 | $1,675,000 | $2,683 | $2,683 | Mar 2025 | Resale |
| RV ALTITUDE | 9 | CCR | 2 | 11-15 | 603 | $1,650,000 | $2,737 | $2,737 | Oct 2024 | Resale |
| RV ALTITUDE | 9 | CCR | 2 | 16-20 | 441 | $1,340,000 | $3,036 | $3,036 | Sep 2024 | Resale |
| RV ALTITUDE | 9 | CCR | 2 | 06-10 | 635 | $1,760,000 | $2,771 | $2,771 | Aug 2024 | Resale |
| RV ALTITUDE | 9 | CCR | 2 | 06-10 | 624 | $1,850,000 | $2,963 | $2,963 | Jan 2024 | Sub Sale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.