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 |
|---|---|---|---|---|---|---|---|---|---|---|
| SUITES DE LAUREL | 21 | RCR | 1 | 01-05 | 474 | $808,000 | $1,706 | $1,796 | Jan 2026 | Resale |
| SUITES DE LAUREL | 21 | RCR | 1 | 01-05 | 614 | $1,038,880 | $1,693 | $1,782 | Dec 2025 | Resale |
| SUITES DE LAUREL | 21 | RCR | 1 | 01-05 | 614 | $1,160,000 | $1,891 | $1,991 | Oct 2025 | Resale |
| SUITES DE LAUREL | 21 | RCR | 1 | 01-05 | 560 | $1,000,000 | $1,787 | $1,881 | Aug 2025 | Resale |
| SUITES DE LAUREL | 21 | RCR | 2 | 01-05 | 1,055 | $1,515,000 | $1,436 | $1,512 | Jul 2025 | Resale |
| SUITES DE LAUREL | 21 | RCR | 1 | 01-05 | 560 | $1,050,000 | $1,876 | $1,975 | Jul 2025 | Resale |
| SUITES DE LAUREL | 21 | RCR | 2 | 01-05 | 721 | $1,328,000 | $1,841 | $1,938 | May 2025 | Resale |
| SUITES DE LAUREL | 21 | RCR | 2 | 01-05 | 721 | $1,338,000 | $1,855 | $1,953 | Feb 2025 | Resale |
| SUITES DE LAUREL | 21 | RCR | 2 | 01-05 | 1,302 | $1,620,000 | $1,244 | $1,309 | Feb 2025 | Resale |
| SUITES DE LAUREL | 21 | RCR | 1 | 01-05 | 474 | $831,888 | $1,756 | $1,848 | Feb 2024 | Resale |
| SUITES DE LAUREL | 21 | RCR | 2 | 01-05 | 1,044 | $1,500,000 | $1,437 | $1,513 | Dec 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.