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 |
|---|---|---|---|---|---|---|---|---|---|---|
| SPRINGDALE CONDOMINIUM | 21 | OCR | 4 | 01-05 | 1,345 | $2,225,000 | $1,654 | $1,741 | Mar 2026 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 3 | 06-10 | 1,119 | $2,060,000 | $1,840 | $1,937 | Feb 2026 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 3 | 06-10 | 1,227 | $2,120,000 | $1,728 | $1,819 | Jan 2026 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 2 | 06-10 | 926 | $1,520,000 | $1,642 | $1,728 | Jan 2026 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 3 | 06-10 | 1,152 | $1,928,000 | $1,674 | $1,762 | Sep 2025 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 3 | 06-10 | 1,152 | $2,030,000 | $1,763 | $1,856 | Sep 2025 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 2 | 01-05 | 926 | $1,515,000 | $1,637 | $1,723 | Sep 2025 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 3 | 06-10 | 1,152 | $1,980,000 | $1,719 | $1,809 | Sep 2025 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 3 | 01-05 | 1,152 | $1,965,000 | $1,706 | $1,796 | Jul 2025 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 3 | 06-10 | 1,119 | $2,050,000 | $1,831 | $1,927 | Jul 2025 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 3 | 01-05 | 1,130 | $1,840,000 | $1,628 | $1,714 | Jun 2025 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 3 | 06-10 | 1,152 | $2,015,000 | $1,750 | $1,842 | Jun 2025 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 2 | 06-10 | 926 | $1,570,000 | $1,696 | $1,785 | Mar 2025 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 3 | 01-05 | 1,152 | $1,920,000 | $1,667 | $1,755 | Mar 2025 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 2 | 06-10 | 926 | $1,520,000 | $1,642 | $1,728 | Feb 2025 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 3 | 06-10 | 1,163 | $1,990,000 | $1,712 | $1,802 | Jan 2025 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 3 | 01-05 | 1,119 | $1,855,000 | $1,657 | $1,744 | Dec 2024 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 4 | 06-10 | 1,389 | $2,550,000 | $1,836 | $1,933 | Dec 2024 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 3 | 06-10 | 1,109 | $1,855,000 | $1,673 | $1,761 | Nov 2024 | Resale |
| SPRINGDALE CONDOMINIUM | 21 | OCR | 2 | 06-10 | 926 | $1,448,000 | $1,564 | $1,646 | Sep 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.