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 IMPERIAL | 9 | CCR | 2 | 11-15 | 980 | $2,480,000 | $2,532 | $2,532 | Mar 2026 | Resale |
| THE IMPERIAL | 9 | CCR | 3 | 11-15 | 1,410 | $3,750,000 | $2,659 | $2,659 | Mar 2026 | Resale |
| THE IMPERIAL | 9 | CCR | 3 | 06-10 | 1,733 | $4,436,480 | $2,560 | $2,560 | Jan 2026 | Resale |
| THE IMPERIAL | 9 | CCR | 3 | 11-15 | 1,464 | $3,828,000 | $2,615 | $2,615 | Nov 2025 | Resale |
| THE IMPERIAL | 9 | CCR | 4 | 11-15 | 3,498 | $8,150,000 | $2,330 | $2,330 | Nov 2025 | Resale |
| THE IMPERIAL | 9 | CCR | 4 | 01-05 | 1,991 | $5,000,000 | $2,511 | $2,511 | Aug 2025 | Resale |
| THE IMPERIAL | 9 | CCR | 3 | 11-15 | 1,356 | $3,428,000 | $2,528 | $2,528 | Jan 2025 | Resale |
| THE IMPERIAL | 9 | CCR | 3 | 11-15 | 1,410 | $3,700,000 | $2,624 | $2,624 | Dec 2024 | Resale |
| THE IMPERIAL | 9 | CCR | 3 | 01-05 | 1,905 | $4,612,500 | $2,421 | $2,421 | Nov 2024 | Resale |
| THE IMPERIAL | 9 | CCR | 3 | 01-05 | 1,421 | $3,400,000 | $2,393 | $2,393 | Aug 2024 | Resale |
| THE IMPERIAL | 9 | CCR | 3 | 01-05 | 1,733 | $4,000,000 | $2,308 | $2,308 | Jul 2024 | Resale |
| THE IMPERIAL | 9 | CCR | 3 | 06-10 | 1,410 | $3,470,000 | $2,461 | $2,461 | Jul 2024 | Resale |
| THE IMPERIAL | 9 | CCR | 2 | 01-05 | 990 | $2,225,000 | $2,247 | $2,247 | May 2024 | Resale |
| THE IMPERIAL | 9 | CCR | 3 | 01-05 | 1,905 | $4,500,000 | $2,362 | $2,362 | Oct 2023 | Resale |
| THE IMPERIAL | 9 | CCR | 3 | 06-10 | 1,410 | $3,400,000 | $2,411 | $2,411 | Oct 2023 | Resale |
| THE IMPERIAL | 9 | CCR | 3 | 06-10 | 1,733 | $3,930,000 | $2,268 | $2,268 | Sep 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.