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 LAURELS | 9 | CCR | 1 | 11-15 | 549 | $1,508,888 | $2,749 | $2,749 | Mar 2026 | Resale |
| THE LAURELS | 9 | CCR | 4 | 01-05 | 1,819 | $5,030,000 | $2,765 | $2,765 | Feb 2026 | Resale |
| THE LAURELS | 9 | CCR | 2 | 11-15 | 883 | $2,580,000 | $2,923 | $2,923 | Feb 2026 | Resale |
| THE LAURELS | 9 | CCR | 3 | 11-15 | 1,313 | $3,978,000 | $3,029 | $3,029 | Nov 2025 | Resale |
| THE LAURELS | 9 | CCR | 3 | 01-05 | 1,302 | $3,650,000 | $2,802 | $2,802 | Sep 2025 | Resale |
| THE LAURELS | 9 | CCR | 3 | 01-05 | 1,302 | $3,100,000 | $2,380 | $2,380 | Sep 2025 | Resale |
| THE LAURELS | 9 | CCR | 2 | 11-15 | 1,001 | $2,920,000 | $2,917 | $2,917 | Jun 2025 | Resale |
| THE LAURELS | 9 | CCR | 1 | 11-15 | 549 | $1,575,000 | $2,869 | $2,869 | May 2025 | Resale |
| THE LAURELS | 9 | CCR | 3 | 06-10 | 1,302 | $3,700,000 | $2,841 | $2,841 | Apr 2025 | Resale |
| THE LAURELS | 9 | CCR | 2 | 01-05 | 883 | $2,450,000 | $2,776 | $2,776 | Feb 2025 | Resale |
| THE LAURELS | 9 | CCR | 2 | 06-10 | 883 | $2,698,800 | $3,058 | $3,058 | Jan 2025 | Resale |
| THE LAURELS | 9 | CCR | 2 | 01-05 | 883 | $2,450,000 | $2,776 | $2,776 | Jan 2025 | Resale |
| THE LAURELS | 9 | CCR | 1 | 06-10 | 549 | $1,533,000 | $2,793 | $2,793 | Sep 2024 | Resale |
| THE LAURELS | 9 | CCR | 1 | 01-05 | 667 | $1,610,000 | $2,412 | $2,412 | Sep 2024 | Resale |
| THE LAURELS | 9 | CCR | 1 | 01-05 | 549 | $1,315,000 | $2,395 | $2,395 | Jul 2024 | Resale |
| THE LAURELS | 9 | CCR | 1 | 01-05 | 549 | $1,380,000 | $2,514 | $2,514 | Jun 2024 | Resale |
| THE LAURELS | 9 | CCR | 3 | 01-05 | 1,302 | $3,600,000 | $2,764 | $2,764 | Jun 2024 | Resale |
| THE LAURELS | 9 | CCR | 2 | 01-05 | 1,001 | $2,630,000 | $2,627 | $2,627 | May 2024 | Resale |
| THE LAURELS | 9 | CCR | 2 | 16-20 | 883 | $2,423,000 | $2,745 | $2,745 | May 2024 | Resale |
| THE LAURELS | 9 | CCR | 4 | 16-20 | 4,768 | $9,000,000 | $1,887 | $1,887 | Feb 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.