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 |
|---|---|---|---|---|---|---|---|---|---|---|
| SKIES MILTONIA | 27 | OCR | 5* | - | 4,672 | $3,450,000 | $739 | $837 | Apr 2026 | Resale |
| SKIES MILTONIA | 27 | OCR | 2 | 01-05 | 926 | $1,060,000 | $1,145 | $1,297 | Mar 2026 | Resale |
| SKIES MILTONIA | 27 | OCR | 2 | 01-05 | 710 | $940,000 | $1,323 | $1,499 | Feb 2026 | Resale |
| SKIES MILTONIA | 27 | OCR | 1 | 01-05 | 484 | $668,000 | $1,379 | $1,563 | Feb 2026 | Resale |
| SKIES MILTONIA | 27 | OCR | 3 | 06-10 | 1,130 | $1,360,000 | $1,203 | $1,363 | Jan 2026 | Resale |
| SKIES MILTONIA | 27 | OCR | 1 | 11-15 | 484 | $710,000 | $1,466 | $1,661 | Dec 2025 | Resale |
| SKIES MILTONIA | 27 | OCR | 3 | 11-15 | 1,076 | $1,328,000 | $1,234 | $1,398 | Dec 2025 | Resale |
| SKIES MILTONIA | 27 | OCR | 2 | 11-15 | 710 | $955,000 | $1,344 | $1,523 | Nov 2025 | Resale |
| SKIES MILTONIA | 27 | OCR | 3 | 06-10 | 969 | $1,220,000 | $1,259 | $1,427 | Nov 2025 | Resale |
| SKIES MILTONIA | 27 | OCR | 2 | 01-05 | 721 | $924,000 | $1,281 | $1,451 | Oct 2025 | Resale |
| SKIES MILTONIA | 27 | OCR | 3 | 01-05 | 969 | $1,250,000 | $1,290 | $1,462 | Oct 2025 | Resale |
| SKIES MILTONIA | 27 | OCR | 4 | 01-05 | 1,313 | $1,680,888 | $1,280 | $1,450 | Oct 2025 | Resale |
| SKIES MILTONIA | 27 | OCR | 1 | 06-10 | 484 | $710,000 | $1,466 | $1,661 | Oct 2025 | Resale |
| SKIES MILTONIA | 27 | OCR | 3 | 06-10 | 1,076 | $1,350,000 | $1,254 | $1,421 | Sep 2025 | Resale |
| SKIES MILTONIA | 27 | OCR | 1 | 01-05 | 484 | $715,000 | $1,476 | $1,672 | Sep 2025 | Resale |
| SKIES MILTONIA | 27 | OCR | 3 | 11-15 | 969 | $1,238,888 | $1,279 | $1,449 | Sep 2025 | Resale |
| SKIES MILTONIA | 27 | OCR | 2 | 01-05 | 743 | $943,000 | $1,270 | $1,439 | Sep 2025 | Resale |
| SKIES MILTONIA | 27 | OCR | 5* | - | 4,672 | $3,430,000 | $734 | $832 | Aug 2025 | Resale |
| SKIES MILTONIA | 27 | OCR | 3 | 11-15 | 2,551 | $2,750,000 | $1,078 | $1,221 | Aug 2025 | Resale |
| SKIES MILTONIA | 27 | OCR | 3 | 01-05 | 969 | $1,130,000 | $1,166 | $1,321 | Aug 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.