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 HILLIER | 23 | OCR | 1 | 16-20 | 592 | $920,000 | $1,554 | $1,768 | Apr 2026 | Resale |
| THE HILLIER | 23 | OCR | 2 | 21-25 | 840 | $1,500,000 | $1,787 | $2,033 | Apr 2026 | Resale |
| THE HILLIER | 23 | OCR | 1 | 11-15 | 506 | $860,000 | $1,700 | $1,934 | Mar 2026 | Resale |
| THE HILLIER | 23 | OCR | 1 | 16-20 | 624 | $925,000 | $1,482 | $1,686 | Feb 2026 | Resale |
| THE HILLIER | 23 | OCR | 1 | 06-10 | 624 | $912,888 | $1,462 | $1,663 | Feb 2026 | Resale |
| THE HILLIER | 23 | OCR | 1 | 06-10 | 624 | $918,000 | $1,470 | $1,672 | Feb 2026 | Resale |
| THE HILLIER | 23 | OCR | 1 | 21-25 | 614 | $975,000 | $1,589 | $1,808 | Jan 2026 | Resale |
| THE HILLIER | 23 | OCR | 1 | 06-10 | 624 | $905,000 | $1,450 | $1,650 | Jan 2026 | Resale |
| THE HILLIER | 23 | OCR | 1 | 11-15 | 581 | $860,000 | $1,480 | $1,684 | Jan 2026 | Resale |
| THE HILLIER | 23 | OCR | 1 | 21-25 | 614 | $900,000 | $1,467 | $1,669 | Dec 2025 | Resale |
| THE HILLIER | 23 | OCR | 1 | 16-20 | 624 | $950,000 | $1,522 | $1,732 | Dec 2025 | Resale |
| THE HILLIER | 23 | OCR | 2 | 06-10 | 807 | $1,438,888 | $1,782 | $2,027 | Dec 2025 | Resale |
| THE HILLIER | 23 | OCR | 2 | 06-10 | 840 | $1,268,000 | $1,510 | $1,718 | Nov 2025 | Resale |
| THE HILLIER | 23 | OCR | 1 | 06-10 | 624 | $905,000 | $1,450 | $1,650 | Nov 2025 | Resale |
| THE HILLIER | 23 | OCR | 1 | 11-15 | 517 | $840,000 | $1,626 | $1,850 | Sep 2025 | Resale |
| THE HILLIER | 23 | OCR | 2 | 21-25 | 840 | $1,400,000 | $1,667 | $1,897 | Sep 2025 | Resale |
| THE HILLIER | 23 | OCR | 1 | 11-15 | 624 | $930,000 | $1,490 | $1,695 | Aug 2025 | Resale |
| THE HILLIER | 23 | OCR | 1 | 16-20 | 592 | $865,000 | $1,461 | $1,662 | Aug 2025 | Resale |
| THE HILLIER | 23 | OCR | 1 | 06-10 | 614 | $918,000 | $1,496 | $1,702 | Jul 2025 | Resale |
| THE HILLIER | 23 | OCR | 2 | 26-30 | 807 | $1,250,000 | $1,548 | $1,761 | Jun 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.