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 LAKESHORE | 22 | OCR | 3 | 11-15 | 1,109 | $1,700,000 | $1,533 | $1,823 | Apr 2026 | Resale |
| THE LAKESHORE | 22 | OCR | 3 | 01-05 | 1,270 | $1,770,000 | $1,394 | $1,658 | Apr 2026 | Resale |
| THE LAKESHORE | 22 | OCR | 3 | 06-10 | 1,109 | $1,633,888 | $1,474 | $1,753 | Mar 2026 | Resale |
| THE LAKESHORE | 22 | OCR | 3* | 06-10 | 936 | $1,365,888 | $1,459 | $1,735 | Mar 2026 | Resale |
| THE LAKESHORE | 22 | OCR | 4 | 01-05 | 1,464 | $1,960,000 | $1,339 | $1,593 | Feb 2026 | Resale |
| THE LAKESHORE | 22 | OCR | 3 | 11-15 | 1,109 | $1,736,888 | $1,567 | $1,864 | Feb 2026 | Resale |
| THE LAKESHORE | 22 | OCR | 3 | 16-20 | 1,173 | $1,930,000 | $1,645 | $1,957 | Feb 2026 | Resale |
| THE LAKESHORE | 22 | OCR | 3 | 11-15 | 1,141 | $1,710,000 | $1,499 | $1,783 | Feb 2026 | Resale |
| THE LAKESHORE | 22 | OCR | 3 | 06-10 | 1,109 | $1,700,000 | $1,533 | $1,823 | Feb 2026 | Resale |
| THE LAKESHORE | 22 | OCR | 2 | 11-15 | 872 | $1,290,000 | $1,480 | $1,760 | Feb 2026 | Resale |
| THE LAKESHORE | 22 | OCR | 2 | 11-15 | 861 | $1,310,000 | $1,521 | $1,809 | Feb 2026 | Resale |
| THE LAKESHORE | 22 | OCR | 3 | 06-10 | 1,109 | $1,633,888 | $1,474 | $1,753 | Jan 2026 | Resale |
| THE LAKESHORE | 22 | OCR | 3 | 16-20 | 1,163 | $1,786,800 | $1,537 | $1,828 | Jan 2026 | Resale |
| THE LAKESHORE | 22 | OCR | 3 | 11-15 | 1,109 | $1,710,000 | $1,542 | $1,834 | Dec 2025 | Resale |
| THE LAKESHORE | 22 | OCR | 2 | 06-10 | 861 | $1,280,000 | $1,486 | $1,767 | Dec 2025 | Resale |
| THE LAKESHORE | 22 | OCR | 2 | 11-15 | 861 | $1,300,000 | $1,510 | $1,796 | Dec 2025 | Resale |
| THE LAKESHORE | 22 | OCR | 3 | 16-20 | 1,184 | $1,910,000 | $1,613 | $1,919 | Nov 2025 | Resale |
| THE LAKESHORE | 22 | OCR | 2 | 06-10 | 926 | $1,300,000 | $1,404 | $1,670 | Nov 2025 | Resale |
| THE LAKESHORE | 22 | OCR | 3 | 06-10 | 1,184 | $1,900,000 | $1,605 | $1,909 | Nov 2025 | Resale |
| THE LAKESHORE | 22 | OCR | 3 | 11-15 | 1,173 | $1,730,000 | $1,475 | $1,754 | Nov 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.