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 MAYFAIR | 22 | OCR | 3 | 16-20 | 1,206 | $1,520,000 | $1,261 | $1,554 | Feb 2026 | Resale |
| THE MAYFAIR | 22 | OCR | 3 | 06-10 | 1,195 | $1,366,000 | $1,143 | $1,409 | Feb 2026 | Resale |
| THE MAYFAIR | 22 | OCR | 3* | 01-05 | 1,173 | $1,420,000 | $1,210 | $1,491 | Feb 2026 | Resale |
| THE MAYFAIR | 22 | OCR | 3 | 11-15 | 1,184 | $1,420,000 | $1,199 | $1,478 | Jan 2026 | Resale |
| THE MAYFAIR | 22 | OCR | 3 | 01-05 | 1,206 | $1,470,000 | $1,219 | $1,503 | Dec 2025 | Resale |
| THE MAYFAIR | 22 | OCR | 3 | 16-20 | 1,227 | $1,585,000 | $1,292 | $1,593 | Dec 2025 | Resale |
| THE MAYFAIR | 22 | OCR | 3 | 11-15 | 1,163 | $1,500,000 | $1,290 | $1,590 | Nov 2025 | Resale |
| THE MAYFAIR | 22 | OCR | 3 | 06-10 | 1,163 | $1,460,000 | $1,256 | $1,548 | Sep 2025 | Resale |
| THE MAYFAIR | 22 | OCR | 3* | 01-05 | 1,173 | $1,320,000 | $1,125 | $1,387 | Aug 2025 | Resale |
| THE MAYFAIR | 22 | OCR | 2 | 06-10 | 926 | $1,158,000 | $1,251 | $1,542 | Jul 2025 | Resale |
| THE MAYFAIR | 22 | OCR | 3 | 06-10 | 1,163 | $1,410,000 | $1,213 | $1,495 | Jul 2025 | Resale |
| THE MAYFAIR | 22 | OCR | 3 | 06-10 | 1,195 | $1,555,000 | $1,301 | $1,604 | May 2025 | Resale |
| THE MAYFAIR | 22 | OCR | 3 | 06-10 | 1,227 | $1,580,000 | $1,288 | $1,588 | Apr 2025 | Resale |
| THE MAYFAIR | 22 | OCR | 3 | 11-15 | 1,195 | $1,445,000 | $1,209 | $1,490 | Feb 2025 | Resale |
| THE MAYFAIR | 22 | OCR | 3 | 01-05 | 1,163 | $1,395,000 | $1,200 | $1,479 | Jan 2025 | Resale |
| THE MAYFAIR | 22 | OCR | 3 | 06-10 | 1,206 | $1,446,000 | $1,199 | $1,478 | Nov 2024 | Resale |
| THE MAYFAIR | 22 | OCR | 3 | 01-05 | 1,184 | $1,411,088 | $1,192 | $1,469 | Sep 2024 | Resale |
| THE MAYFAIR | 22 | OCR | 3 | 06-10 | 1,227 | $1,600,000 | $1,304 | $1,607 | Aug 2024 | Resale |
| THE MAYFAIR | 22 | OCR | 3 | 11-15 | 1,195 | $1,405,000 | $1,176 | $1,450 | Jul 2024 | Resale |
| THE MAYFAIR | 22 | OCR | 1 | 06-10 | 635 | $780,000 | $1,228 | $1,514 | Jul 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.