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 FLORIDA | 19 | OCR | 3 | 01-05 | 1,227 | $1,400,000 | $1,141 | $1,397 | Mar 2026 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 06-10 | 1,389 | $1,600,000 | $1,152 | $1,410 | Dec 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 11-15 | 1,313 | $1,520,000 | $1,157 | $1,416 | Nov 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 01-05 | 1,389 | $1,540,000 | $1,109 | $1,357 | Nov 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 01-05 | 1,442 | $1,580,000 | $1,095 | $1,340 | Nov 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 11-15 | 1,281 | $1,415,888 | $1,105 | $1,353 | Sep 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 01-05 | 1,507 | $1,630,000 | $1,082 | $1,324 | Aug 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 01-05 | 1,389 | $1,700,000 | $1,224 | $1,498 | Aug 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 06-10 | 1,227 | $1,353,000 | $1,103 | $1,350 | Jul 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 06-10 | 1,389 | $1,520,000 | $1,095 | $1,340 | Jun 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 01-05 | 1,292 | $1,360,000 | $1,053 | $1,289 | May 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 01-05 | 1,798 | $1,820,000 | $1,012 | $1,239 | May 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 06-10 | 1,313 | $1,380,000 | $1,051 | $1,286 | May 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 11-15 | 1,292 | $1,400,000 | $1,084 | $1,327 | Apr 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 01-05 | 1,292 | $1,310,000 | $1,014 | $1,241 | Apr 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 06-10 | 1,302 | $1,380,000 | $1,060 | $1,297 | Apr 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 01-05 | 1,302 | $1,370,000 | $1,052 | $1,288 | Apr 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 01-05 | 1,378 | $1,375,000 | $998 | $1,222 | Apr 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 11-15 | 1,292 | $1,400,000 | $1,084 | $1,327 | Mar 2025 | Resale |
| THE FLORIDA | 19 | OCR | 3 | 06-10 | 1,389 | $1,475,000 | $1,062 | $1,300 | Mar 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.