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 CHUAN | 19 | OCR | 2 | 06-10 | 936 | $1,900,000 | $2,029 | $2,136 | Apr 2026 | Resale |
| THE CHUAN | 19 | OCR | 2 | 16-20 | 936 | $1,980,000 | $2,114 | $2,225 | Feb 2026 | Resale |
| THE CHUAN | 19 | OCR | 3 | 11-15 | 1,281 | $2,750,000 | $2,147 | $2,260 | Jan 2026 | Resale |
| THE CHUAN | 19 | OCR | 4 | 11-15 | 1,658 | $3,458,000 | $2,086 | $2,196 | Apr 2025 | Resale |
| THE CHUAN | 19 | OCR | 2 | 06-10 | 936 | $1,938,888 | $2,070 | $2,179 | Feb 2025 | Resale |
| THE CHUAN | 19 | OCR | 3 | 01-05 | 1,367 | $3,050,000 | $2,231 | $2,348 | Jan 2025 | Resale |
| THE CHUAN | 19 | OCR | 4 | 06-10 | 1,658 | $3,430,000 | $2,069 | $2,178 | Oct 2024 | Resale |
| THE CHUAN | 19 | OCR | 3 | 16-20 | 1,367 | $3,088,000 | $2,259 | $2,378 | Sep 2024 | Resale |
| THE CHUAN | 19 | OCR | 3 | 01-05 | 1,464 | $3,100,000 | $2,118 | $2,229 | Jul 2024 | Resale |
| THE CHUAN | 19 | OCR | 3 | 01-05 | 1,367 | $2,900,000 | $2,121 | $2,233 | May 2024 | Resale |
| THE CHUAN | 19 | OCR | 3 | 06-10 | 1,464 | $3,100,000 | $2,118 | $2,229 | Apr 2024 | Resale |
| THE CHUAN | 19 | OCR | 3 | 16-20 | 1,367 | $3,018,000 | $2,208 | $2,324 | Sep 2023 | Resale |
| THE CHUAN | 19 | OCR | 3 | 06-10 | 1,281 | $2,500,000 | $1,952 | $2,055 | Jul 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.