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 |
|---|---|---|---|---|---|---|---|---|---|---|
| TERRASSE | 19 | OCR | 2 | 01-05 | 807 | $1,310,000 | $1,623 | $1,854 | Apr 2026 | Resale |
| TERRASSE | 19 | OCR | 2 | 01-05 | 775 | $1,300,888 | $1,679 | $1,918 | Apr 2026 | Resale |
| TERRASSE | 19 | OCR | 3 | 01-05 | 980 | $1,750,000 | $1,787 | $2,042 | Apr 2026 | Resale |
| TERRASSE | 19 | OCR | 4 | 01-05 | 2,497 | $2,720,000 | $1,089 | $1,244 | Mar 2026 | Resale |
| TERRASSE | 19 | OCR | 3 | 01-05 | 1,001 | $1,650,000 | $1,648 | $1,883 | Mar 2026 | Resale |
| TERRASSE | 19 | OCR | 2 | 01-05 | 958 | $1,420,000 | $1,482 | $1,693 | Feb 2026 | Resale |
| TERRASSE | 19 | OCR | 4 | 01-05 | 1,873 | $2,880,000 | $1,538 | $1,757 | Feb 2026 | Resale |
| TERRASSE | 19 | OCR | 4 | 01-05 | 1,819 | $2,735,000 | $1,503 | $1,717 | Jan 2026 | Resale |
| TERRASSE | 19 | OCR | 3 | 01-05 | 1,249 | $1,900,000 | $1,522 | $1,739 | Dec 2025 | Resale |
| TERRASSE | 19 | OCR | 4 | 01-05 | 2,497 | $2,800,000 | $1,121 | $1,281 | Oct 2025 | Resale |
| TERRASSE | 19 | OCR | 4 | 01-05 | 1,367 | $2,500,000 | $1,829 | $2,089 | Oct 2025 | Resale |
| TERRASSE | 19 | OCR | 2 | 01-05 | 958 | $1,400,000 | $1,461 | $1,669 | Oct 2025 | Resale |
| TERRASSE | 19 | OCR | 4 | 01-05 | 2,497 | $2,620,000 | $1,049 | $1,198 | Oct 2025 | Resale |
| TERRASSE | 19 | OCR | 4 | 01-05 | 1,421 | $2,618,000 | $1,843 | $2,105 | Sep 2025 | Resale |
| TERRASSE | 19 | OCR | 3 | 01-05 | 1,001 | $1,700,000 | $1,698 | $1,940 | Sep 2025 | Resale |
| TERRASSE | 19 | OCR | 3 | 01-05 | 1,152 | $1,810,000 | $1,572 | $1,796 | Sep 2025 | Resale |
| TERRASSE | 19 | OCR | 2 | 01-05 | 850 | $1,355,000 | $1,593 | $1,820 | Aug 2025 | Resale |
| TERRASSE | 19 | OCR | 1 | 01-05 | 538 | $820,888 | $1,525 | $1,742 | Jun 2025 | Resale |
| TERRASSE | 19 | OCR | 3 | 01-05 | 1,130 | $1,840,000 | $1,628 | $1,860 | Jun 2025 | Resale |
| TERRASSE | 19 | OCR | 4 | 01-05 | 1,367 | $2,488,000 | $1,820 | $2,079 | Apr 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.