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 LUXURIE | 19 | OCR | 3 | 11-15 | 1,055 | $1,838,000 | $1,742 | $1,982 | Apr 2026 | Resale |
| THE LUXURIE | 19 | OCR | 2 | 11-15 | 775 | $1,365,000 | $1,761 | $2,004 | Apr 2026 | Resale |
| THE LUXURIE | 19 | OCR | 2 | 11-15 | 775 | $1,330,000 | $1,716 | $1,952 | Mar 2026 | Resale |
| THE LUXURIE | 19 | OCR | 3 | 06-10 | 1,012 | $1,780,000 | $1,759 | $2,001 | Mar 2026 | Resale |
| THE LUXURIE | 19 | OCR | 3 | 11-15 | 1,055 | $1,878,000 | $1,780 | $2,025 | Feb 2026 | Resale |
| THE LUXURIE | 19 | OCR | 3 | 01-05 | 1,001 | $1,673,000 | $1,671 | $1,901 | Feb 2026 | Resale |
| THE LUXURIE | 19 | OCR | 2 | 01-05 | 732 | $1,190,000 | $1,626 | $1,850 | Jan 2026 | Resale |
| THE LUXURIE | 19 | OCR | 3 | 11-15 | 1,055 | $1,848,888 | $1,753 | $1,994 | Jan 2026 | Resale |
| THE LUXURIE | 19 | OCR | 2 | 06-10 | 775 | $1,328,000 | $1,714 | $1,950 | Jan 2026 | Resale |
| THE LUXURIE | 19 | OCR | 4 | 01-05 | 2,067 | $2,328,000 | $1,126 | $1,281 | Nov 2025 | Resale |
| THE LUXURIE | 19 | OCR | 2 | 11-15 | 936 | $1,400,000 | $1,495 | $1,701 | Oct 2025 | Resale |
| THE LUXURIE | 19 | OCR | 2 | 01-05 | 732 | $1,180,000 | $1,612 | $1,834 | Sep 2025 | Resale |
| THE LUXURIE | 19 | OCR | 1 | 06-10 | 452 | $830,000 | $1,836 | $2,089 | Sep 2025 | Resale |
| THE LUXURIE | 19 | OCR | 3 | 01-05 | 969 | $1,560,000 | $1,610 | $1,832 | Sep 2025 | Resale |
| THE LUXURIE | 19 | OCR | 4 | 01-05 | 1,313 | $2,120,888 | $1,615 | $1,837 | Aug 2025 | Resale |
| THE LUXURIE | 19 | OCR | 3 | 01-05 | 1,690 | $1,830,000 | $1,083 | $1,232 | Aug 2025 | Resale |
| THE LUXURIE | 19 | OCR | 3 | 11-15 | 1,206 | $1,950,000 | $1,618 | $1,841 | Jul 2025 | Resale |
| THE LUXURIE | 19 | OCR | 2 | 06-10 | 775 | $1,292,888 | $1,668 | $1,898 | Jul 2025 | Resale |
| THE LUXURIE | 19 | OCR | 2 | 06-10 | 775 | $1,260,000 | $1,626 | $1,850 | Jul 2025 | Resale |
| THE LUXURIE | 19 | OCR | 2 | 01-05 | 797 | $1,268,000 | $1,592 | $1,811 | Jul 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.