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 CITRON RESIDENCES | 8 | RCR | 2 | 06-10 | 732 | $1,400,088 | $1,913 | $1,913 | Feb 2026 | Resale |
| THE CITRON RESIDENCES | 8 | RCR | 2 | 01-05 | 732 | $1,400,000 | $1,913 | $1,913 | Jan 2026 | Resale |
| THE CITRON RESIDENCES | 8 | RCR | 2 | 01-05 | 667 | $1,200,000 | $1,798 | $1,798 | Oct 2025 | Resale |
| THE CITRON RESIDENCES | 8 | RCR | 2 | 01-05 | 732 | $1,300,000 | $1,776 | $1,776 | Sep 2025 | Resale |
| THE CITRON RESIDENCES | 8 | RCR | 2 | 01-05 | 667 | $1,168,888 | $1,752 | $1,752 | Sep 2025 | Resale |
| THE CITRON RESIDENCES | 8 | RCR | 2 | 06-10 | 721 | $1,300,000 | $1,803 | $1,803 | Aug 2025 | Resale |
| THE CITRON RESIDENCES | 8 | RCR | 1 | 01-05 | 388 | $720,000 | $1,858 | $1,858 | Feb 2025 | Resale |
| THE CITRON RESIDENCES | 8 | RCR | 1 | 01-05 | 431 | $838,888 | $1,948 | $1,948 | Feb 2025 | Resale |
| THE CITRON RESIDENCES | 8 | RCR | 2 | 01-05 | 667 | $1,170,000 | $1,753 | $1,753 | Apr 2024 | Resale |
| THE CITRON RESIDENCES | 8 | RCR | 2 | 01-05 | 721 | $1,325,000 | $1,837 | $1,837 | Mar 2024 | Resale |
| THE CITRON RESIDENCES | 8 | RCR | 2 | 01-05 | 721 | $1,350,000 | $1,872 | $1,872 | Mar 2024 | Resale |
| THE CITRON RESIDENCES | 8 | RCR | 1 | 01-05 | 431 | $840,000 | $1,951 | $1,951 | Sep 2023 | Resale |
| THE CITRON RESIDENCES | 8 | RCR | 2 | 01-05 | 667 | $1,230,000 | $1,843 | $1,843 | May 2023 | Resale |
| THE CITRON RESIDENCES | 8 | RCR | 2 | 01-05 | 721 | $1,250,000 | $1,733 | $1,733 | May 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.