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 BOTANIC ON LLOYD | 9 | CCR | 5* | 01-05 | 3,488 | $7,480,000 | $2,145 | $2,145 | Apr 2026 | Resale |
| THE BOTANIC ON LLOYD | 9 | CCR | 5* | 01-05 | 2,594 | $6,015,000 | $2,319 | $2,319 | Nov 2025 | Resale |
| THE BOTANIC ON LLOYD | 9 | CCR | 4* | 01-05 | 1,593 | $3,700,000 | $2,323 | $2,323 | Oct 2025 | Resale |
| THE BOTANIC ON LLOYD | 9 | CCR | 5* | 01-05 | 2,056 | $5,125,000 | $2,493 | $2,493 | Jan 2025 | Resale |
| THE BOTANIC ON LLOYD | 9 | CCR | 4* | 01-05 | 1,496 | $3,500,000 | $2,339 | $2,339 | Oct 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.