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 |
|---|---|---|---|---|---|---|---|---|---|---|
| SOMMERVILLE PARK | 10 | CCR | 4* | 01-05 | 1,302 | $3,100,000 | $2,380 | $2,380 | Feb 2026 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 2* | 06-10 | 624 | $1,365,000 | $2,186 | $2,186 | Jan 2026 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 5* | - | 3,068 | $5,700,000 | $1,858 | $1,858 | Jan 2026 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 5* | - | 1,959 | $4,390,000 | $2,241 | $2,241 | Dec 2025 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 5* | 01-05 | 1,948 | $4,200,000 | $2,156 | $2,156 | Nov 2025 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 5* | 06-10 | 1,948 | $4,320,000 | $2,217 | $2,217 | Oct 2025 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 1* | 01-05 | 463 | $1,030,000 | $2,225 | $2,225 | Sep 2025 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 5* | 01-05 | 2,508 | $4,628,000 | $1,845 | $1,845 | Sep 2025 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 4* | 11-15 | 1,302 | $3,160,000 | $2,426 | $2,426 | Sep 2025 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 5* | 06-10 | 1,948 | $4,265,000 | $2,189 | $2,189 | Sep 2025 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 5* | 06-10 | 1,948 | $4,580,000 | $2,351 | $2,351 | Aug 2025 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 5* | 01-05 | 4,198 | $6,500,000 | $1,548 | $1,548 | Jul 2025 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 5* | - | 1,959 | $4,180,000 | $2,134 | $2,134 | Jul 2025 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 5* | - | 3,294 | $5,650,000 | $1,715 | $1,715 | Jul 2025 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 2* | 01-05 | 624 | $1,280,000 | $2,050 | $2,050 | May 2025 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 2* | 01-05 | 624 | $1,300,000 | $2,082 | $2,082 | May 2025 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 5* | - | 1,615 | $3,450,000 | $2,137 | $2,137 | Mar 2025 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 5* | 11-15 | 1,948 | $4,430,000 | $2,274 | $2,274 | Mar 2025 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 4* | 11-15 | 1,302 | $2,975,000 | $2,284 | $2,284 | Jan 2025 | Resale |
| SOMMERVILLE PARK | 10 | CCR | 5* | 06-10 | 1,948 | $4,300,000 | $2,207 | $2,207 | Jan 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.