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 PATERSON | 9 | CCR | 3 | 16-20 | 3,283 | $6,500,000 | $1,980 | $1,980 | Apr 2026 | Resale |
| THE PATERSON | 9 | CCR | 4* | 06-10 | 1,421 | $3,978,888 | $2,800 | $2,800 | Mar 2026 | Resale |
| THE PATERSON | 9 | CCR | 2 | 06-10 | 1,206 | $2,938,000 | $2,437 | $2,437 | Mar 2026 | Resale |
| THE PATERSON | 9 | CCR | 3 | 11-15 | 1,464 | $3,850,000 | $2,630 | $2,630 | Feb 2025 | Resale |
| THE PATERSON | 9 | CCR | 3 | 21-25 | 2,250 | $5,400,000 | $2,400 | $2,400 | Feb 2025 | Resale |
| THE PATERSON | 9 | CCR | 2 | 16-20 | 1,216 | $3,150,000 | $2,590 | $2,590 | Nov 2024 | Resale |
| THE PATERSON | 9 | CCR | 2 | 11-15 | 1,206 | $2,750,000 | $2,281 | $2,281 | Jul 2024 | Resale |
| THE PATERSON | 9 | CCR | 4* | 06-10 | 1,421 | $3,600,000 | $2,534 | $2,534 | Jul 2024 | Resale |
| THE PATERSON | 9 | CCR | 2 | 06-10 | 1,216 | $3,020,000 | $2,483 | $2,483 | Mar 2024 | Resale |
| THE PATERSON | 9 | CCR | 2 | 11-15 | 1,206 | $2,750,000 | $2,281 | $2,281 | Feb 2024 | Resale |
| THE PATERSON | 9 | CCR | 4* | 06-10 | 1,421 | $3,380,000 | $2,379 | $2,379 | Feb 2024 | Resale |
| THE PATERSON | 9 | CCR | 2 | 11-15 | 1,313 | $3,180,000 | $2,422 | $2,422 | Nov 2023 | Resale |
| THE PATERSON | 9 | CCR | 2 | 11-15 | 1,313 | $3,040,000 | $2,315 | $2,315 | Sep 2023 | Resale |
| THE PATERSON | 9 | CCR | 2 | 01-05 | 1,313 | $3,000,000 | $2,285 | $2,285 | Jun 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.