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 SEA VIEW | 15 | RCR | 3 | 01-05 | 1,410 | $3,950,000 | $2,801 | $2,801 | Feb 2026 | Resale |
| THE SEA VIEW | 15 | RCR | 3 | 16-20 | 1,216 | $3,416,000 | $2,808 | $2,808 | Oct 2025 | Resale |
| THE SEA VIEW | 15 | RCR | 4 | 06-10 | 1,647 | $4,700,000 | $2,854 | $2,854 | Oct 2025 | Resale |
| THE SEA VIEW | 15 | RCR | 3 | 11-15 | 1,216 | $3,400,000 | $2,795 | $2,795 | Oct 2025 | Resale |
| THE SEA VIEW | 15 | RCR | 3 | 16-20 | 1,216 | $3,423,700 | $2,815 | $2,815 | Sep 2025 | Resale |
| THE SEA VIEW | 15 | RCR | 3 | 01-05 | 1,410 | $3,860,000 | $2,737 | $2,737 | Sep 2025 | Resale |
| THE SEA VIEW | 15 | RCR | 3 | 06-10 | 1,216 | $3,360,000 | $2,762 | $2,762 | Sep 2025 | Resale |
| THE SEA VIEW | 15 | RCR | 1 | 16-20 | 560 | $1,390,000 | $2,483 | $2,483 | Sep 2025 | Resale |
| THE SEA VIEW | 15 | RCR | 1 | 11-15 | 560 | $1,358,000 | $2,426 | $2,426 | Aug 2025 | Resale |
| THE SEA VIEW | 15 | RCR | 3 | 16-20 | 1,410 | $3,990,000 | $2,830 | $2,830 | Aug 2025 | Resale |
| THE SEA VIEW | 15 | RCR | 4 | 01-05 | 1,647 | $4,428,000 | $2,689 | $2,689 | Aug 2025 | Resale |
| THE SEA VIEW | 15 | RCR | 3 | 06-10 | 1,216 | $3,180,000 | $2,614 | $2,614 | Mar 2025 | Resale |
| THE SEA VIEW | 15 | RCR | 3 | 16-20 | 1,410 | $3,822,000 | $2,711 | $2,711 | Mar 2025 | Resale |
| THE SEA VIEW | 15 | RCR | 4 | 01-05 | 1,518 | $3,950,000 | $2,603 | $2,603 | Jan 2025 | Resale |
| THE SEA VIEW | 15 | RCR | 1 | 06-10 | 560 | $1,330,000 | $2,376 | $2,376 | Dec 2024 | Resale |
| THE SEA VIEW | 15 | RCR | 4 | 16-20 | 1,647 | $4,321,888 | $2,624 | $2,624 | Sep 2024 | Resale |
| THE SEA VIEW | 15 | RCR | 3 | 01-05 | 1,410 | $3,575,000 | $2,535 | $2,535 | Sep 2024 | Resale |
| THE SEA VIEW | 15 | RCR | 1 | 11-15 | 560 | $1,390,000 | $2,483 | $2,483 | Aug 2024 | Resale |
| THE SEA VIEW | 15 | RCR | 4 | 11-15 | 1,518 | $3,750,000 | $2,471 | $2,471 | Aug 2024 | Resale |
| THE SEA VIEW | 15 | RCR | 3 | 21-25 | 1,410 | $3,690,000 | $2,617 | $2,617 | Mar 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.