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 FORESTA @ MOUNT FABER | 4 | RCR | 2 | 01-05 | 721 | $1,455,000 | $2,018 | $2,018 | Jun 2025 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 1 | 01-05 | 431 | $875,000 | $2,032 | $2,032 | May 2025 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 2 | 01-05 | 721 | $1,440,000 | $1,997 | $1,997 | May 2025 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 1 | 01-05 | 431 | $888,000 | $2,062 | $2,062 | Mar 2025 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 1 | 01-05 | 861 | $1,420,000 | $1,649 | $1,649 | Mar 2025 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 1 | 01-05 | 484 | $900,000 | $1,858 | $1,858 | Jan 2025 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 1 | 01-05 | 431 | $860,000 | $1,997 | $1,997 | Dec 2024 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 1 | 01-05 | 431 | $870,000 | $2,021 | $2,021 | Sep 2024 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 1 | 01-05 | 431 | $880,000 | $2,044 | $2,044 | Sep 2024 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 2 | 01-05 | 667 | $1,395,000 | $2,090 | $2,090 | Aug 2024 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 1 | 01-05 | 431 | $870,000 | $2,021 | $2,021 | Aug 2024 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 1 | 01-05 | 861 | $1,420,000 | $1,649 | $1,649 | Aug 2024 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 1 | 01-05 | 431 | $888,000 | $2,062 | $2,062 | May 2024 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 2 | 01-05 | 786 | $1,550,000 | $1,973 | $1,973 | Apr 2024 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 1 | 01-05 | 538 | $1,132,888 | $2,105 | $2,105 | Mar 2024 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 2 | 01-05 | 667 | $1,360,000 | $2,038 | $2,038 | Feb 2024 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 1 | 01-05 | 431 | $890,000 | $2,067 | $2,067 | Jan 2024 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 1 | 01-05 | 431 | $895,000 | $2,079 | $2,079 | Nov 2023 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 3* | 01-05 | 1,087 | $1,778,888 | $1,636 | $1,636 | Nov 2023 | Resale |
| THE FORESTA @ MOUNT FABER | 4 | RCR | 1 | 01-05 | 861 | $1,418,000 | $1,647 | $1,647 | Jun 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.