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 PALETTE | 18 | OCR | 3 | 01-05 | 1,066 | $1,630,000 | $1,530 | $1,748 | May 2026 | Resale |
| THE PALETTE | 18 | OCR | 2 | 11-15 | 721 | $1,162,000 | $1,611 | $1,840 | May 2026 | Resale |
| THE PALETTE | 18 | OCR | 2 | 06-10 | 893 | $1,370,000 | $1,533 | $1,751 | May 2026 | Resale |
| THE PALETTE | 18 | OCR | 3 | 11-15 | 1,055 | $1,660,000 | $1,574 | $1,798 | Apr 2026 | Resale |
| THE PALETTE | 18 | OCR | 3 | 01-05 | 1,066 | $1,640,000 | $1,539 | $1,758 | Apr 2026 | Resale |
| THE PALETTE | 18 | OCR | 2 | 11-15 | 883 | $1,395,000 | $1,580 | $1,805 | Apr 2026 | Resale |
| THE PALETTE | 18 | OCR | 3 | 11-15 | 1,066 | $1,700,000 | $1,595 | $1,822 | Apr 2026 | Resale |
| THE PALETTE | 18 | OCR | 2 | 11-15 | 753 | $1,205,000 | $1,599 | $1,827 | Apr 2026 | Resale |
| THE PALETTE | 18 | OCR | 3 | 11-15 | 1,163 | $1,835,000 | $1,578 | $1,803 | Apr 2026 | Resale |
| THE PALETTE | 18 | OCR | 3 | 06-10 | 1,163 | $1,800,000 | $1,548 | $1,768 | Apr 2026 | Resale |
| THE PALETTE | 18 | OCR | 2 | 11-15 | 743 | $1,190,000 | $1,602 | $1,830 | Apr 2026 | Resale |
| THE PALETTE | 18 | OCR | 2 | 11-15 | 893 | $1,368,000 | $1,531 | $1,749 | Apr 2026 | Resale |
| THE PALETTE | 18 | OCR | 3 | 11-15 | 1,173 | $1,870,000 | $1,594 | $1,821 | Apr 2026 | Resale |
| THE PALETTE | 18 | OCR | 2 | 11-15 | 753 | $1,210,000 | $1,606 | $1,835 | Apr 2026 | Resale |
| THE PALETTE | 18 | OCR | 3 | 01-05 | 1,163 | $1,688,888 | $1,453 | $1,660 | Mar 2026 | Resale |
| THE PALETTE | 18 | OCR | 3 | 11-15 | 1,066 | $1,635,000 | $1,534 | $1,752 | Mar 2026 | Resale |
| THE PALETTE | 18 | OCR | 3 | 06-10 | 1,055 | $1,630,000 | $1,545 | $1,765 | Feb 2026 | Resale |
| THE PALETTE | 18 | OCR | 3 | 06-10 | 1,066 | $1,648,888 | $1,547 | $1,767 | Jan 2026 | Resale |
| THE PALETTE | 18 | OCR | 3 | 11-15 | 1,163 | $1,850,000 | $1,591 | $1,818 | Dec 2025 | Resale |
| THE PALETTE | 18 | OCR | 3 | 06-10 | 1,066 | $1,680,000 | $1,577 | $1,802 | Dec 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.