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 LANDMARK | 3 | RCR | 1* | 01-05 | 495 | $1,060,000 | $2,141 | $2,249 | Mar 2026 | Sub Sale |
| THE LANDMARK | 3 | RCR | 2* | 06-10 | 678 | $1,685,000 | $2,485 | $2,610 | Mar 2026 | Sub Sale |
| THE LANDMARK | 3 | RCR | 2* | 06-10 | 678 | $1,780,000 | $2,625 | $2,757 | Feb 2026 | Sub Sale |
| THE LANDMARK | 3 | RCR | 2* | 01-05 | 678 | $1,611,800 | $2,377 | $2,497 | Jan 2026 | Sub Sale |
| THE LANDMARK | 3 | RCR | 2* | 16-20 | 678 | $1,880,000 | $2,772 | $2,912 | Jan 2026 | Sub Sale |
| THE LANDMARK | 3 | RCR | 2* | 11-15 | 678 | $1,780,000 | $2,625 | $2,757 | Oct 2025 | Sub Sale |
| THE LANDMARK | 3 | RCR | 1* | 16-20 | 495 | $1,093,000 | $2,207 | $2,318 | Sep 2025 | Sub Sale |
| THE LANDMARK | 3 | RCR | 2* | 16-20 | 678 | $1,610,000 | $2,374 | $2,494 | Jul 2025 | Sub Sale |
| THE LANDMARK | 3 | RCR | 1* | 01-05 | 495 | $1,030,000 | $2,080 | $2,185 | May 2025 | Sub Sale |
| THE LANDMARK | 3 | RCR | 3* | 36-40 | 1,076 | $2,940,000 | $2,731 | $2,869 | Jul 2024 | New Sale |
| THE LANDMARK | 3 | RCR | 2* | 36-40 | 678 | $2,039,888 | $3,008 | $3,160 | Jul 2024 | New Sale |
| THE LANDMARK | 3 | RCR | 2* | 36-40 | 764 | $2,064,000 | $2,701 | $2,837 | Jul 2024 | New Sale |
| THE LANDMARK | 3 | RCR | 2* | 36-40 | 678 | $2,046,700 | $3,018 | $3,170 | Jul 2024 | New Sale |
| THE LANDMARK | 3 | RCR | 2* | 16-20 | 678 | $1,780,000 | $2,625 | $2,757 | Jul 2024 | Sub Sale |
| THE LANDMARK | 3 | RCR | 2* | 36-40 | 678 | $1,979,000 | $2,918 | $3,065 | Jul 2024 | New Sale |
| THE LANDMARK | 3 | RCR | 3* | 36-40 | 1,076 | $2,920,000 | $2,713 | $2,850 | Jul 2024 | New Sale |
| THE LANDMARK | 3 | RCR | 3* | 31-35 | 1,076 | $2,700,000 | $2,508 | $2,634 | Jul 2024 | New Sale |
| THE LANDMARK | 3 | RCR | 2* | 36-40 | 678 | $2,025,000 | $2,986 | $3,137 | Jul 2024 | New Sale |
| THE LANDMARK | 3 | RCR | 2* | 06-10 | 753 | $1,730,000 | $2,296 | $2,412 | Jul 2024 | Sub Sale |
| THE LANDMARK | 3 | RCR | 2* | 36-40 | 764 | $2,071,920 | $2,711 | $2,848 | Jul 2024 | New Sale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.