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 HILLFORD | 21 | RCR | 1 | 06-10 | 398 | $600,000 | $1,507 | $2,174 | Mar 2026 | Resale |
| THE HILLFORD | 21 | RCR | 1 | 01-05 | 398 | $592,000 | $1,486 | $2,144 | Jan 2026 | Resale |
| THE HILLFORD | 21 | RCR | 1 | 06-10 | 398 | $610,000 | $1,532 | $2,210 | Dec 2025 | Resale |
| THE HILLFORD | 21 | RCR | 1 | 01-05 | 398 | $610,000 | $1,532 | $2,210 | Dec 2025 | Resale |
| THE HILLFORD | 21 | RCR | 1 | 01-05 | 398 | $570,000 | $1,431 | $2,065 | Nov 2025 | Resale |
| THE HILLFORD | 21 | RCR | 1 | 01-05 | 398 | $580,000 | $1,456 | $2,101 | Nov 2025 | Resale |
| THE HILLFORD | 21 | RCR | 1 | 01-05 | 398 | $580,888 | $1,459 | $2,105 | Oct 2025 | Resale |
| THE HILLFORD | 21 | RCR | 1 | 01-05 | 398 | $590,000 | $1,481 | $2,137 | Aug 2025 | Resale |
| THE HILLFORD | 21 | RCR | 1 | 01-05 | 398 | $601,000 | $1,509 | $2,177 | Aug 2025 | Resale |
| THE HILLFORD | 21 | RCR | 1 | 01-05 | 398 | $580,000 | $1,456 | $2,101 | Aug 2025 | Resale |
| THE HILLFORD | 21 | RCR | 1 | 01-05 | 398 | $585,000 | $1,469 | $2,119 | Jul 2025 | Resale |
| THE HILLFORD | 21 | RCR | 2 | 01-05 | 506 | $740,000 | $1,463 | $2,111 | Jul 2025 | Resale |
| THE HILLFORD | 21 | RCR | 1 | 01-05 | 398 | $588,000 | $1,476 | $2,130 | Jun 2025 | Resale |
| THE HILLFORD | 21 | RCR | 2 | 01-05 | 506 | $750,000 | $1,482 | $2,138 | May 2025 | Resale |
| THE HILLFORD | 21 | RCR | 1 | 06-10 | 398 | $610,000 | $1,532 | $2,210 | Apr 2025 | Resale |
| THE HILLFORD | 21 | RCR | 1 | 06-10 | 398 | $550,000 | $1,381 | $1,992 | Apr 2025 | Resale |
| THE HILLFORD | 21 | RCR | 2 | 01-05 | 657 | $945,000 | $1,439 | $2,076 | Feb 2025 | Resale |
| THE HILLFORD | 21 | RCR | 2 | 06-10 | 506 | $715,000 | $1,413 | $2,039 | Jan 2025 | Resale |
| THE HILLFORD | 21 | RCR | 2 | 01-05 | 657 | $930,000 | $1,416 | $2,043 | Nov 2024 | Resale |
| THE HILLFORD | 21 | RCR | 2 | 01-05 | 506 | $702,000 | $1,388 | $2,003 | Oct 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.