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 LOFT | 10 | CCR | 3 | 01-05 | 1,453 | $3,380,000 | $2,326 | $2,814 | Dec 2025 | Resale |
| THE LOFT | 10 | CCR | 2 | 01-05 | 1,119 | $2,420,000 | $2,162 | $2,616 | Oct 2025 | Resale |
| THE LOFT | 10 | CCR | 2 | 01-05 | 1,528 | $3,600,000 | $2,355 | $2,849 | Jul 2025 | Resale |
| THE LOFT | 10 | CCR | 2 | 01-05 | 1,345 | $3,200,000 | $2,378 | $2,877 | Jun 2025 | Resale |
| THE LOFT | 10 | CCR | 3 | 01-05 | 1,432 | $3,100,000 | $2,165 | $2,619 | May 2024 | Resale |
| THE LOFT | 10 | CCR | 3 | 01-05 | 1,701 | $3,900,000 | $2,293 | $2,774 | Apr 2024 | Resale |
| THE LOFT | 10 | CCR | 2 | 01-05 | 1,109 | $2,130,000 | $1,921 | $2,324 | Mar 2024 | Resale |
| THE LOFT | 10 | CCR | 1 | 01-05 | 753 | $1,780,000 | $2,362 | $2,858 | Nov 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.