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 CLEMENT CANOPY | 5 | OCR | 2 | 11-15 | 710 | $1,380,000 | $1,943 | $2,170 | Mar 2026 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 2 | 26-30 | 657 | $1,220,000 | $1,858 | $2,075 | Mar 2026 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 2 | 21-25 | 635 | $1,248,000 | $1,965 | $2,194 | Feb 2026 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 2 | 16-20 | 710 | $1,440,000 | $2,027 | $2,264 | Feb 2026 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 3 | 21-25 | 1,109 | $2,370,000 | $2,138 | $2,388 | Feb 2026 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 3 | 01-05 | 1,109 | $2,260,000 | $2,038 | $2,276 | Jan 2026 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 2 | 11-15 | 732 | $1,400,000 | $1,913 | $2,136 | Jan 2026 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 2 | 21-25 | 657 | $1,250,000 | $1,904 | $2,126 | Dec 2025 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 3 | 06-10 | 1,109 | $2,188,000 | $1,974 | $2,204 | Oct 2025 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 2 | 26-30 | 635 | $1,247,500 | $1,964 | $2,193 | Oct 2025 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 3 | 21-25 | 990 | $2,090,000 | $2,111 | $2,357 | Oct 2025 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 2 | 31-35 | 732 | $1,420,000 | $1,940 | $2,166 | Sep 2025 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 2 | 31-35 | 710 | $1,460,000 | $2,055 | $2,295 | Sep 2025 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 2 | 11-15 | 732 | $1,388,888 | $1,898 | $2,120 | Sep 2025 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 4 | 36-40 | 1,345 | $2,850,000 | $2,118 | $2,365 | Sep 2025 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 2 | 26-30 | 732 | $1,433,000 | $1,958 | $2,187 | Aug 2025 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 3 | 26-30 | 990 | $2,070,000 | $2,090 | $2,334 | Jun 2025 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 2 | 11-15 | 635 | $1,210,000 | $1,905 | $2,127 | May 2025 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 3 | 16-20 | 1,109 | $2,160,000 | $1,948 | $2,175 | May 2025 | Resale |
| THE CLEMENT CANOPY | 5 | OCR | 2 | 26-30 | 732 | $1,420,000 | $1,940 | $2,166 | Apr 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.