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 NAUTICAL | 27 | OCR | 3 | 01-05 | 1,389 | $1,603,000 | $1,154 | $1,313 | Mar 2026 | Resale |
| THE NAUTICAL | 27 | OCR | 3 | 01-05 | 969 | $1,335,000 | $1,378 | $1,568 | Feb 2026 | Resale |
| THE NAUTICAL | 27 | OCR | 2 | 01-05 | 764 | $990,000 | $1,295 | $1,473 | Jan 2026 | Resale |
| THE NAUTICAL | 27 | OCR | 3 | 01-05 | 1,389 | $1,600,000 | $1,152 | $1,311 | Jan 2026 | Resale |
| THE NAUTICAL | 27 | OCR | 3 | 01-05 | 1,119 | $1,430,000 | $1,277 | $1,453 | Dec 2025 | Resale |
| THE NAUTICAL | 27 | OCR | 3 | 01-05 | 1,130 | $1,530,000 | $1,354 | $1,540 | Oct 2025 | Resale |
| THE NAUTICAL | 27 | OCR | 4 | 01-05 | 1,819 | $2,100,000 | $1,154 | $1,313 | Oct 2025 | Resale |
| THE NAUTICAL | 27 | OCR | 3 | 01-05 | 990 | $1,340,000 | $1,353 | $1,539 | Sep 2025 | Resale |
| THE NAUTICAL | 27 | OCR | 1 | 01-05 | 441 | $675,000 | $1,530 | $1,741 | Sep 2025 | Resale |
| THE NAUTICAL | 27 | OCR | 2 | 01-05 | 786 | $1,048,000 | $1,334 | $1,518 | Aug 2025 | Resale |
| THE NAUTICAL | 27 | OCR | 3 | 01-05 | 1,765 | $1,720,000 | $974 | $1,108 | Aug 2025 | Resale |
| THE NAUTICAL | 27 | OCR | 3 | 01-05 | 1,389 | $1,550,000 | $1,116 | $1,270 | Aug 2025 | Resale |
| THE NAUTICAL | 27 | OCR | 3 | 01-05 | 829 | $980,000 | $1,182 | $1,345 | Jul 2025 | Resale |
| THE NAUTICAL | 27 | OCR | 4 | 01-05 | 1,722 | $1,965,000 | $1,141 | $1,298 | Jul 2025 | Resale |
| THE NAUTICAL | 27 | OCR | 3 | 01-05 | 883 | $1,130,000 | $1,280 | $1,456 | Jul 2025 | Resale |
| THE NAUTICAL | 27 | OCR | 3 | 01-05 | 1,012 | $1,330,000 | $1,314 | $1,495 | Jul 2025 | Resale |
| THE NAUTICAL | 27 | OCR | 3 | 01-05 | 1,130 | $1,450,000 | $1,283 | $1,460 | Jun 2025 | Resale |
| THE NAUTICAL | 27 | OCR | 1 | 01-05 | 441 | $674,000 | $1,527 | $1,737 | Jun 2025 | Resale |
| THE NAUTICAL | 27 | OCR | 3 | 01-05 | 1,012 | $1,300,000 | $1,285 | $1,462 | May 2025 | Resale |
| THE NAUTICAL | 27 | OCR | 1 | 01-05 | 570 | $750,000 | $1,315 | $1,496 | Mar 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.