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 SORRENTO | 5 | OCR | 1 | 01-05 | 441 | $789,000 | $1,788 | $1,788 | Jan 2026 | Resale |
| THE SORRENTO | 5 | OCR | 1 | 01-05 | 452 | $788,000 | $1,743 | $1,743 | Sep 2025 | Resale |
| THE SORRENTO | 5 | OCR | 2 | 01-05 | 807 | $1,400,000 | $1,734 | $1,734 | Sep 2025 | Resale |
| THE SORRENTO | 5 | OCR | 2 | 01-05 | 1,378 | $1,800,000 | $1,306 | $1,306 | Aug 2025 | Resale |
| THE SORRENTO | 5 | OCR | 1 | 01-05 | 441 | $822,500 | $1,864 | $1,864 | Aug 2025 | Resale |
| THE SORRENTO | 5 | OCR | 2 | 01-05 | 1,389 | $1,740,000 | $1,253 | $1,253 | Apr 2025 | Resale |
| THE SORRENTO | 5 | OCR | 1 | 01-05 | 463 | $860,000 | $1,858 | $1,858 | Feb 2025 | Resale |
| THE SORRENTO | 5 | OCR | 1 | 01-05 | 614 | $918,888 | $1,498 | $1,498 | Aug 2024 | Resale |
| THE SORRENTO | 5 | OCR | 2 | 01-05 | 1,432 | $1,888,888 | $1,319 | $1,319 | May 2024 | Resale |
| THE SORRENTO | 5 | OCR | 2 | 01-05 | 1,442 | $1,868,888 | $1,296 | $1,296 | Apr 2024 | Resale |
| THE SORRENTO | 5 | OCR | 1 | 01-05 | 463 | $852,000 | $1,841 | $1,841 | Feb 2024 | Resale |
| THE SORRENTO | 5 | OCR | 1 | 01-05 | 614 | $918,000 | $1,496 | $1,496 | Jan 2024 | Resale |
| THE SORRENTO | 5 | OCR | 1 | 01-05 | 635 | $908,000 | $1,430 | $1,430 | Nov 2023 | Resale |
| THE SORRENTO | 5 | OCR | 3 | 01-05 | 1,238 | $1,960,000 | $1,583 | $1,583 | Aug 2023 | Resale |
| THE SORRENTO | 5 | OCR | 2 | 01-05 | 743 | $1,290,000 | $1,737 | $1,737 | Jul 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.