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 CRITERION | 27 | OCR | 3 | 06-10 | 893 | $1,230,000 | $1,377 | $1,549 | Apr 2026 | Resale |
| THE CRITERION | 27 | OCR | 3 | 11-15 | 893 | $1,225,000 | $1,371 | $1,542 | Mar 2026 | Resale |
| THE CRITERION | 27 | OCR | 2 | 06-10 | 700 | $980,888 | $1,402 | $1,577 | Mar 2026 | Resale |
| THE CRITERION | 27 | OCR | 2 | 01-05 | 700 | $980,000 | $1,401 | $1,576 | Feb 2026 | Resale |
| THE CRITERION | 27 | OCR | 3 | 06-10 | 915 | $1,230,000 | $1,344 | $1,512 | Feb 2026 | Resale |
| THE CRITERION | 27 | OCR | 3 | 06-10 | 915 | $1,220,000 | $1,333 | $1,499 | Jan 2026 | Resale |
| THE CRITERION | 27 | OCR | 4 | 01-05 | 1,119 | $1,580,000 | $1,411 | $1,587 | Jan 2026 | Resale |
| THE CRITERION | 27 | OCR | 4 | 01-05 | 1,119 | $1,450,000 | $1,295 | $1,457 | Dec 2025 | Resale |
| THE CRITERION | 27 | OCR | 3 | 01-05 | 915 | $1,223,888 | $1,338 | $1,505 | Dec 2025 | Resale |
| THE CRITERION | 27 | OCR | 4 | 06-10 | 1,173 | $1,630,000 | $1,389 | $1,562 | Dec 2025 | Resale |
| THE CRITERION | 27 | OCR | 4 | 01-05 | 1,195 | $1,400,000 | $1,172 | $1,318 | Dec 2025 | Resale |
| THE CRITERION | 27 | OCR | 3 | 06-10 | 1,023 | $1,438,000 | $1,406 | $1,582 | Nov 2025 | Resale |
| THE CRITERION | 27 | OCR | 3 | 11-15 | 786 | $1,118,000 | $1,423 | $1,601 | Oct 2025 | Resale |
| THE CRITERION | 27 | OCR | 3 | 11-15 | 1,076 | $1,480,000 | $1,375 | $1,547 | Oct 2025 | Resale |
| THE CRITERION | 27 | OCR | 4 | 06-10 | 1,119 | $1,600,000 | $1,429 | $1,607 | Oct 2025 | Resale |
| THE CRITERION | 27 | OCR | 3 | 11-15 | 915 | $1,270,000 | $1,388 | $1,561 | Oct 2025 | Resale |
| THE CRITERION | 27 | OCR | 3 | 01-05 | 1,098 | $1,400,000 | $1,275 | $1,434 | Sep 2025 | Resale |
| THE CRITERION | 27 | OCR | 5 | 11-15 | 1,636 | $2,120,000 | $1,296 | $1,458 | Aug 2025 | Resale |
| THE CRITERION | 27 | OCR | 2 | 11-15 | 700 | $980,000 | $1,401 | $1,576 | Aug 2025 | Resale |
| THE CRITERION | 27 | OCR | 3 | 01-05 | 1,076 | $1,300,000 | $1,208 | $1,359 | Jul 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.