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 EDGE | 10 | CCR | 1 | 01-05 | 366 | $780,000 | $2,131 | $2,131 | Apr 2026 | Resale |
| RV EDGE | 10 | CCR | 1 | 06-10 | 420 | $916,000 | $2,182 | $2,182 | Jan 2026 | Resale |
| RV EDGE | 10 | CCR | 1 | 06-10 | 366 | $755,000 | $2,063 | $2,063 | Nov 2025 | Resale |
| RV EDGE | 10 | CCR | 1 | 01-05 | 420 | $860,000 | $2,049 | $2,049 | Jul 2025 | Resale |
| RV EDGE | 10 | CCR | 1 | 01-05 | 420 | $920,000 | $2,192 | $2,192 | Apr 2025 | Resale |
| RV EDGE | 10 | CCR | 2 | 06-10 | 829 | $1,590,000 | $1,918 | $1,918 | Jan 2025 | Resale |
| RV EDGE | 10 | CCR | 1 | 01-05 | 420 | $831,000 | $1,980 | $1,980 | Nov 2024 | Resale |
| RV EDGE | 10 | CCR | 1 | 01-05 | 377 | $875,000 | $2,323 | $2,323 | Sep 2024 | Resale |
| RV EDGE | 10 | CCR | 1 | 01-05 | 377 | $850,000 | $2,256 | $2,256 | Aug 2023 | Resale |
| RV EDGE | 10 | CCR | 1 | 01-05 | 377 | $780,000 | $2,070 | $2,070 | Jun 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.