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 SEAWIND | 15 | OCR | 3* | 01-05 | 936 | $2,025,000 | $2,162 | $2,162 | Apr 2026 | Resale |
| THE SEAWIND | 15 | OCR | 3* | 01-05 | 915 | $1,882,000 | $2,057 | $2,057 | Feb 2026 | Resale |
| THE SEAWIND | 15 | OCR | 3* | 01-05 | 915 | $2,050,000 | $2,241 | $2,241 | Feb 2026 | Resale |
| THE SEAWIND | 15 | OCR | 5* | 01-05 | 1,722 | $3,300,000 | $1,916 | $1,916 | Nov 2025 | Resale |
| THE SEAWIND | 15 | OCR | 2* | 01-05 | 657 | $1,220,000 | $1,858 | $1,858 | Nov 2025 | Resale |
| THE SEAWIND | 15 | OCR | 2* | 01-05 | 635 | $1,150,000 | $1,811 | $1,811 | Sep 2025 | Resale |
| THE SEAWIND | 15 | OCR | 2* | 01-05 | 657 | $1,200,000 | $1,828 | $1,828 | Sep 2025 | Resale |
| THE SEAWIND | 15 | OCR | 3* | 01-05 | 1,206 | $2,390,000 | $1,982 | $1,982 | Jun 2025 | Resale |
| THE SEAWIND | 15 | OCR | 5* | - | 3,348 | $4,160,000 | $1,243 | $1,243 | Apr 2025 | Resale |
| THE SEAWIND | 15 | OCR | 2* | 01-05 | 657 | $1,240,000 | $1,889 | $1,889 | Apr 2025 | Resale |
| THE SEAWIND | 15 | OCR | 3* | 01-05 | 936 | $1,980,000 | $2,114 | $2,114 | Feb 2025 | Resale |
| THE SEAWIND | 15 | OCR | 3* | 01-05 | 915 | $1,900,000 | $2,077 | $2,077 | Oct 2024 | Resale |
| THE SEAWIND | 15 | OCR | 2* | 01-05 | 689 | $1,250,000 | $1,815 | $1,815 | Sep 2024 | Resale |
| THE SEAWIND | 15 | OCR | 2* | 01-05 | 646 | $1,203,000 | $1,863 | $1,863 | Sep 2024 | Resale |
| THE SEAWIND | 15 | OCR | 2* | 01-05 | 678 | $1,150,000 | $1,696 | $1,696 | Aug 2024 | Resale |
| THE SEAWIND | 15 | OCR | 4* | 01-05 | 1,399 | $2,580,000 | $1,844 | $1,844 | May 2024 | Resale |
| THE SEAWIND | 15 | OCR | 2* | 01-05 | 689 | $1,288,000 | $1,870 | $1,870 | Dec 2023 | Resale |
| THE SEAWIND | 15 | OCR | 2* | 01-05 | 635 | $1,200,000 | $1,890 | $1,890 | Aug 2023 | Resale |
| THE SEAWIND | 15 | OCR | 3* | 01-05 | 915 | $1,900,000 | $2,077 | $2,077 | Aug 2023 | Resale |
| THE SEAWIND | 15 | OCR | 2* | 01-05 | 635 | $1,100,000 | $1,732 | $1,732 | Jul 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.