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 |
|---|---|---|---|---|---|---|---|---|---|---|
| SANT RITZ | 13 | RCR | 2 | 01-05 | 689 | $1,200,000 | $1,742 | $1,974 | Jan 2026 | Resale |
| SANT RITZ | 13 | RCR | 1 | 11-15 | 527 | $950,000 | $1,801 | $2,041 | Jan 2026 | Resale |
| SANT RITZ | 13 | RCR | 3 | 06-10 | 883 | $1,810,000 | $2,051 | $2,324 | Nov 2025 | Resale |
| SANT RITZ | 13 | RCR | 1 | 16-20 | 527 | $950,000 | $1,801 | $2,041 | Sep 2025 | Resale |
| SANT RITZ | 13 | RCR | 3 | 11-15 | 1,098 | $2,068,000 | $1,884 | $2,135 | Sep 2025 | Resale |
| SANT RITZ | 13 | RCR | 2 | 01-05 | 786 | $1,388,000 | $1,766 | $2,001 | Aug 2025 | Resale |
| SANT RITZ | 13 | RCR | 3 | 06-10 | 883 | $1,780,000 | $2,017 | $2,285 | Jul 2025 | Resale |
| SANT RITZ | 13 | RCR | 3 | 16-20 | 1,044 | $1,890,000 | $1,810 | $2,051 | Jun 2025 | Resale |
| SANT RITZ | 13 | RCR | 3 | 11-15 | 883 | $1,638,888 | $1,857 | $2,104 | Jun 2025 | Resale |
| SANT RITZ | 13 | RCR | 3 | 06-10 | 1,098 | $2,000,000 | $1,822 | $2,064 | May 2025 | Resale |
| SANT RITZ | 13 | RCR | 2 | 06-10 | 657 | $1,265,000 | $1,927 | $2,183 | May 2025 | Resale |
| SANT RITZ | 13 | RCR | 3 | 06-10 | 1,055 | $1,938,888 | $1,838 | $2,083 | May 2025 | Resale |
| SANT RITZ | 13 | RCR | 1 | 16-20 | 527 | $948,000 | $1,797 | $2,036 | May 2025 | Resale |
| SANT RITZ | 13 | RCR | 1 | 16-20 | 527 | $940,000 | $1,782 | $2,019 | Apr 2025 | Resale |
| SANT RITZ | 13 | RCR | 1 | 06-10 | 527 | $920,000 | $1,744 | $1,976 | Feb 2025 | Resale |
| SANT RITZ | 13 | RCR | 1 | 16-20 | 527 | $900,000 | $1,706 | $1,933 | Nov 2024 | Resale |
| SANT RITZ | 13 | RCR | 3 | 16-20 | 1,055 | $1,900,000 | $1,801 | $2,041 | Nov 2024 | Resale |
| SANT RITZ | 13 | RCR | 2 | 16-20 | 1,087 | $1,510,000 | $1,389 | $1,574 | Oct 2024 | Resale |
| SANT RITZ | 13 | RCR | 1 | 11-15 | 527 | $888,000 | $1,684 | $1,908 | Sep 2024 | Resale |
| SANT RITZ | 13 | RCR | 2 | 11-15 | 657 | $1,250,000 | $1,904 | $2,157 | Sep 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.