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 DAFFODIL | 16 | OCR | 2 | 01-05 | 990 | $1,500,000 | $1,515 | $1,515 | Feb 2026 | Resale |
| THE DAFFODIL | 16 | OCR | 1 | 01-05 | 743 | $1,151,888 | $1,551 | $1,551 | Feb 2026 | Resale |
| THE DAFFODIL | 16 | OCR | 2 | 01-05 | 1,001 | $1,530,000 | $1,528 | $1,528 | Jan 2026 | Resale |
| THE DAFFODIL | 16 | OCR | 1 | 01-05 | 732 | $1,125,000 | $1,537 | $1,537 | Oct 2025 | Resale |
| THE DAFFODIL | 16 | OCR | 1 | 01-05 | 732 | $1,160,000 | $1,585 | $1,585 | Jul 2025 | Resale |
| THE DAFFODIL | 16 | OCR | 1 | 01-05 | 689 | $1,085,000 | $1,575 | $1,575 | Jun 2025 | Resale |
| THE DAFFODIL | 16 | OCR | 1 | 01-05 | 743 | $1,165,000 | $1,569 | $1,569 | Mar 2025 | Resale |
| THE DAFFODIL | 16 | OCR | 2 | 01-05 | 1,001 | $1,550,000 | $1,548 | $1,548 | Nov 2024 | Resale |
| THE DAFFODIL | 16 | OCR | 2 | 01-05 | 1,001 | $1,550,000 | $1,548 | $1,548 | Jul 2024 | Resale |
| THE DAFFODIL | 16 | OCR | 1 | 01-05 | 743 | $1,050,000 | $1,414 | $1,414 | Nov 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.