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 |
|---|---|---|---|---|---|---|---|---|---|---|
| SOPHIA RESIDENCE | 9 | CCR | 2* | 06-10 | 797 | $1,700,000 | $2,134 | $2,134 | Apr 2026 | Resale |
| SOPHIA RESIDENCE | 9 | CCR | 2* | 06-10 | 797 | $1,600,000 | $2,009 | $2,009 | Aug 2025 | Resale |
| SOPHIA RESIDENCE | 9 | CCR | 4* | 06-10 | 1,453 | $2,840,000 | $1,954 | $1,954 | May 2025 | Resale |
| SOPHIA RESIDENCE | 9 | CCR | 5* | 11-15 | 2,540 | $3,100,000 | $1,220 | $1,220 | Apr 2025 | Resale |
| SOPHIA RESIDENCE | 9 | CCR | 4* | 06-10 | 1,324 | $2,800,000 | $2,115 | $2,115 | Dec 2024 | Resale |
| SOPHIA RESIDENCE | 9 | CCR | 5* | 11-15 | 3,003 | $4,750,000 | $1,582 | $1,582 | Nov 2024 | Resale |
| SOPHIA RESIDENCE | 9 | CCR | 3* | 06-10 | 1,044 | $2,260,000 | $2,165 | $2,165 | Oct 2024 | Resale |
| SOPHIA RESIDENCE | 9 | CCR | 5* | 01-05 | 1,711 | $2,880,000 | $1,683 | $1,683 | Sep 2024 | Resale |
| SOPHIA RESIDENCE | 9 | CCR | 2* | 01-05 | 818 | $1,525,000 | $1,864 | $1,864 | Aug 2024 | Resale |
| SOPHIA RESIDENCE | 9 | CCR | 4* | 06-10 | 1,399 | $2,800,000 | $2,001 | $2,001 | Aug 2024 | Resale |
| SOPHIA RESIDENCE | 9 | CCR | 5* | 01-05 | 2,045 | $4,100,000 | $2,005 | $2,005 | Aug 2024 | Resale |
| SOPHIA RESIDENCE | 9 | CCR | 3* | 06-10 | 1,033 | $2,080,000 | $2,013 | $2,013 | Jul 2024 | Resale |
| SOPHIA RESIDENCE | 9 | CCR | 5* | 11-15 | 1,830 | $3,480,000 | $1,902 | $1,902 | Jun 2024 | Resale |
| SOPHIA RESIDENCE | 9 | CCR | 4* | 01-05 | 1,453 | $2,800,000 | $1,927 | $1,927 | Mar 2024 | Resale |
| SOPHIA RESIDENCE | 9 | CCR | 4* | 01-05 | 1,453 | $2,830,000 | $1,948 | $1,948 | Feb 2024 | Resale |
| SOPHIA RESIDENCE | 9 | CCR | 5* | 01-05 | 2,034 | $2,900,000 | $1,425 | $1,425 | Aug 2023 | Resale |
| SOPHIA RESIDENCE | 9 | CCR | 2* | 06-10 | 797 | $1,600,000 | $2,009 | $2,009 | Jun 2023 | Resale |
| SOPHIA RESIDENCE | 9 | CCR | 5* | 06-10 | 2,293 | $3,000,000 | $1,308 | $1,308 | Jun 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.