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).
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Transaction prices per square foot
| Project | Dist | Region | Bed | Floor | Area | Price | PSF | 99yr Norm | Date | Type |
|---|---|---|---|---|---|---|---|---|---|---|
| THE LINE @ TANJONG RHU | 15 | RCR | 1 | 16-20 | 420 | $1,080,000 | $2,573 | — | May 2026 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 3 | 11-15 | 1,055 | $2,690,000 | $2,550 | — | Apr 2026 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 3 | 06-10 | 1,066 | $2,450,000 | $2,299 | — | Jan 2026 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 1 | 06-10 | 420 | $850,000 | $2,025 | — | Dec 2025 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 3 | 11-15 | 1,216 | $2,780,000 | $2,286 | — | Sep 2025 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 2 | 16-20 | 581 | $1,400,000 | $2,409 | — | Sep 2025 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 3 | 11-15 | 1,066 | $2,738,000 | $2,569 | — | Sep 2025 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 3 | 16-20 | 1,378 | $3,328,000 | $2,415 | — | Aug 2025 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 3 | 06-10 | 1,216 | $2,788,000 | $2,292 | — | Jun 2025 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 3 | 16-20 | 893 | $2,050,000 | $2,295 | — | Dec 2024 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 3 | 11-15 | 1,184 | $2,900,000 | $2,449 | — | Nov 2024 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 3 | 06-10 | 1,055 | $2,460,000 | $2,332 | — | Nov 2024 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 2 | 11-15 | 570 | $1,370,000 | $2,401 | — | Jul 2024 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 3 | 16-20 | 1,378 | $3,200,000 | $2,323 | — | Jun 2024 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 3 | 06-10 | 1,184 | $2,700,000 | $2,280 | — | Jun 2024 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 3 | 06-10 | 1,184 | $2,800,000 | $2,365 | — | Apr 2024 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 2 | 11-15 | 570 | $1,370,000 | $2,401 | — | Feb 2024 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 1 | 06-10 | 420 | $1,038,000 | $2,473 | — | Jan 2024 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 1 | 16-20 | 420 | $1,080,000 | $2,573 | — | Oct 2023 | Resale |
| THE LINE @ TANJONG RHU | 15 | RCR | 1 | 06-10 | 420 | $940,000 | $2,239 | — | Jul 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.