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 |
|---|---|---|---|---|---|---|---|---|---|---|
| THE ATELIER | 9 | CCR | 2 | 06-10 | 915 | $2,450,000 | $2,678 | $2,678 | Mar 2026 | Sub Sale |
| THE ATELIER | 9 | CCR | 2 | 06-10 | 872 | $2,200,000 | $2,523 | $2,523 | Feb 2026 | Sub Sale |
| THE ATELIER | 9 | CCR | 3 | 11-15 | 1,173 | $3,480,000 | $2,966 | $2,966 | Dec 2025 | Sub Sale |
| THE ATELIER | 9 | CCR | 1 | 21-25 | 549 | $1,498,000 | $2,729 | $2,729 | Aug 2023 | New Sale |
| THE ATELIER | 9 | CCR | 1 | 16-20 | 549 | $1,538,000 | $2,802 | $2,802 | Jul 2023 | New Sale |
| THE ATELIER | 9 | CCR | 1 | 21-25 | 549 | $1,528,000 | $2,783 | $2,783 | Jul 2023 | New Sale |
| THE ATELIER | 9 | CCR | 3 | 06-10 | 1,281 | $3,341,520 | $2,609 | $2,609 | Jul 2023 | New Sale |
| THE ATELIER | 9 | CCR | 1 | 21-25 | 549 | $1,508,000 | $2,747 | $2,747 | Jul 2023 | New Sale |
| THE ATELIER | 9 | CCR | 1 | 11-15 | 549 | $1,490,580 | $2,715 | $2,715 | Jul 2023 | New Sale |
| THE ATELIER | 9 | CCR | 3 | 11-15 | 1,281 | $3,222,450 | $2,516 | $2,516 | Jun 2023 | New Sale |
| THE ATELIER | 9 | CCR | 2 | 06-10 | 872 | $2,198,520 | $2,522 | $2,522 | Jun 2023 | New Sale |
| THE ATELIER | 9 | CCR | 1 | 21-25 | 549 | $1,523,340 | $2,775 | $2,775 | Jun 2023 | New Sale |
| THE ATELIER | 9 | CCR | 2 | 21-25 | 872 | $2,369,640 | $2,718 | $2,718 | Jun 2023 | New Sale |
| THE ATELIER | 9 | CCR | 1 | 16-20 | 549 | $1,509,690 | $2,750 | $2,750 | Jun 2023 | New Sale |
| THE ATELIER | 9 | CCR | 4 | 21-25 | 1,496 | $4,032,210 | $2,695 | $2,695 | Jun 2023 | New Sale |
| THE ATELIER | 9 | CCR | 4 | 16-20 | 1,496 | $4,004,910 | $2,677 | $2,677 | Jun 2023 | New Sale |
| THE ATELIER | 9 | CCR | 2 | 21-25 | 915 | $2,478,840 | $2,709 | $2,709 | Jun 2023 | New Sale |
| THE ATELIER | 9 | CCR | 3 | 06-10 | 1,281 | $3,181,900 | $2,484 | $2,484 | Jun 2023 | New Sale |
| THE ATELIER | 9 | CCR | 3 | 06-10 | 1,281 | $3,177,775 | $2,481 | $2,481 | Jun 2023 | New Sale |
| THE ATELIER | 9 | CCR | 4 | 21-25 | 1,496 | $3,980,000 | $2,660 | $2,660 | Jun 2023 | New Sale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.