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 RIVERINA | 18 | OCR | 5* | - | 1,629 | $2,518,000 | $1,546 | $1,906 | Mar 2026 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 2,287 | $2,860,000 | $1,250 | $1,541 | Jan 2026 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 1,615 | $2,850,000 | $1,765 | $2,176 | Nov 2025 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 2,745 | $3,000,000 | $1,093 | $1,347 | Nov 2025 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 1,615 | $2,600,000 | $1,610 | $1,984 | Nov 2025 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 1,615 | $2,480,000 | $1,536 | $1,893 | Nov 2025 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 2,153 | $2,680,000 | $1,245 | $1,535 | Oct 2025 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 1,693 | $2,480,000 | $1,465 | $1,806 | Aug 2025 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 2,153 | $2,718,800 | $1,263 | $1,557 | Jun 2025 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 2,430 | $2,900,000 | $1,193 | $1,470 | Jun 2025 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 1,615 | $2,568,888 | $1,591 | $1,961 | Jun 2025 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 1,788 | $2,688,000 | $1,503 | $1,853 | Jun 2025 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 2,694 | $2,850,000 | $1,058 | $1,304 | Feb 2025 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 1,615 | $2,500,000 | $1,548 | $1,908 | Jan 2025 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 2,858 | $3,200,000 | $1,120 | $1,381 | Jan 2025 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 1,619 | $2,565,000 | $1,584 | $1,952 | Nov 2024 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 2,451 | $2,900,000 | $1,183 | $1,458 | Oct 2024 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 2,287 | $3,000,000 | $1,312 | $1,617 | Aug 2024 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 2,287 | $2,988,888 | $1,307 | $1,611 | Aug 2024 | Resale |
| THE RIVERINA | 18 | OCR | 5* | - | 1,619 | $2,580,000 | $1,594 | $1,965 | Apr 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.