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 LANAI | 23 | OCR | 2 | 01-05 | 958 | $1,500,000 | $1,566 | $1,648 | Mar 2026 | Resale |
| THE LANAI | 23 | OCR | 4 | 01-05 | 1,615 | $2,400,000 | $1,486 | $1,564 | Mar 2026 | Resale |
| THE LANAI | 23 | OCR | 2 | 06-10 | 958 | $1,510,000 | $1,576 | $1,659 | Mar 2026 | Resale |
| THE LANAI | 23 | OCR | 3* | 01-05 | 1,184 | $2,058,888 | $1,739 | $1,831 | Mar 2026 | Resale |
| THE LANAI | 23 | OCR | 4 | 01-05 | 1,302 | $2,300,000 | $1,766 | $1,859 | Feb 2026 | Resale |
| THE LANAI | 23 | OCR | 4 | 06-10 | 1,302 | $2,300,000 | $1,766 | $1,859 | Feb 2026 | Resale |
| THE LANAI | 23 | OCR | 2 | 01-05 | 958 | $1,470,000 | $1,534 | $1,615 | Dec 2025 | Resale |
| THE LANAI | 23 | OCR | 4 | 06-10 | 1,302 | $2,300,000 | $1,766 | $1,859 | Dec 2025 | Resale |
| THE LANAI | 23 | OCR | 3* | 01-05 | 1,184 | $2,000,000 | $1,689 | $1,778 | Dec 2025 | Resale |
| THE LANAI | 23 | OCR | 2 | 01-05 | 1,324 | $2,100,000 | $1,586 | $1,669 | Nov 2025 | Resale |
| THE LANAI | 23 | OCR | 3* | 06-10 | 1,044 | $1,700,000 | $1,628 | $1,714 | Nov 2025 | Resale |
| THE LANAI | 23 | OCR | 3 | 06-10 | 1,109 | $1,863,000 | $1,680 | $1,768 | Oct 2025 | Resale |
| THE LANAI | 23 | OCR | 2 | 01-05 | 947 | $1,580,000 | $1,668 | $1,756 | Oct 2025 | Resale |
| THE LANAI | 23 | OCR | 3 | 01-05 | 1,227 | $2,100,000 | $1,711 | $1,801 | Sep 2025 | Resale |
| THE LANAI | 23 | OCR | 2 | 01-05 | 958 | $1,430,000 | $1,493 | $1,572 | Sep 2025 | Resale |
| THE LANAI | 23 | OCR | 3* | 06-10 | 1,044 | $1,690,000 | $1,619 | $1,704 | Jul 2025 | Resale |
| THE LANAI | 23 | OCR | 2 | 06-10 | 958 | $1,545,000 | $1,613 | $1,698 | Jun 2025 | Resale |
| THE LANAI | 23 | OCR | 3* | 06-10 | 1,044 | $1,700,000 | $1,628 | $1,714 | Jun 2025 | Resale |
| THE LANAI | 23 | OCR | 2 | 01-05 | 958 | $1,500,000 | $1,566 | $1,648 | May 2025 | Resale |
| THE LANAI | 23 | OCR | 3* | 01-05 | 1,044 | $1,650,000 | $1,580 | $1,663 | Apr 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.