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 |
|---|---|---|---|---|---|---|---|---|---|---|
| SIMS EDGE | 14 | RCR | 2 | 11-15 | 872 | $1,180,000 | $1,353 | $1,353 | Nov 2025 | Resale |
| SIMS EDGE | 14 | RCR | 1 | 06-10 | 474 | $878,000 | $1,854 | $1,854 | Jun 2025 | Resale |
| SIMS EDGE | 14 | RCR | 1 | 06-10 | 474 | $870,000 | $1,837 | $1,837 | Jan 2025 | Resale |
| SIMS EDGE | 14 | RCR | 1 | 11-15 | 409 | $780,000 | $1,907 | $1,907 | Nov 2024 | Resale |
| SIMS EDGE | 14 | RCR | 2 | 11-15 | 506 | $920,388 | $1,819 | $1,819 | Oct 2024 | Resale |
| SIMS EDGE | 14 | RCR | 1 | 01-05 | 409 | $745,000 | $1,821 | $1,821 | Jul 2024 | Resale |
| SIMS EDGE | 14 | RCR | 1 | 06-10 | 581 | $940,000 | $1,617 | $1,617 | Jan 2024 | Resale |
| SIMS EDGE | 14 | RCR | 1 | 01-05 | 409 | $750,000 | $1,834 | $1,834 | Jan 2024 | Resale |
| SIMS EDGE | 14 | RCR | 1 | 11-15 | 581 | $920,000 | $1,583 | $1,583 | Sep 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.