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 SPRINGBLOOM | 19 | OCR | 3 | 11-15 | 1,302 | $2,190,000 | $1,681 | $2,087 | Mar 2026 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 3 | 01-05 | 1,442 | $2,250,000 | $1,560 | $1,936 | Mar 2026 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 4 | 11-15 | 1,647 | $2,800,000 | $1,700 | $2,110 | Oct 2025 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 2 | 01-05 | 1,604 | $2,250,000 | $1,403 | $1,742 | Sep 2025 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 2 | 11-15 | 1,119 | $1,800,000 | $1,608 | $1,996 | Sep 2025 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 3 | 01-05 | 1,851 | $2,765,000 | $1,493 | $1,853 | Sep 2025 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 3 | 06-10 | 1,302 | $2,180,000 | $1,674 | $2,078 | Aug 2025 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 4 | 06-10 | 1,647 | $2,720,000 | $1,652 | $2,051 | Aug 2025 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 2 | 01-05 | 1,119 | $1,780,000 | $1,590 | $1,974 | Jul 2025 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 4 | 06-10 | 1,647 | $2,740,000 | $1,664 | $2,066 | Jul 2025 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 2 | 16-20 | 1,119 | $1,880,000 | $1,679 | $2,084 | May 2025 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 2 | 06-10 | 1,130 | $1,820,000 | $1,610 | $1,999 | Apr 2025 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 3 | 16-20 | 1,302 | $2,088,000 | $1,603 | $1,990 | Feb 2025 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 3 | 06-10 | 1,475 | $2,280,000 | $1,546 | $1,919 | Jan 2025 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 4 | 06-10 | 1,647 | $2,700,000 | $1,639 | $2,035 | Dec 2024 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 3 | 11-15 | 1,432 | $2,260,000 | $1,579 | $1,960 | Dec 2024 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 3 | 06-10 | 1,302 | $2,068,000 | $1,588 | $1,971 | Aug 2024 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 3 | 11-15 | 1,539 | $2,462,000 | $1,599 | $1,985 | Aug 2024 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 3 | 01-05 | 1,948 | $2,860,000 | $1,468 | $1,822 | Apr 2024 | Resale |
| THE SPRINGBLOOM | 19 | OCR | 3 | 06-10 | 1,302 | $2,022,888 | $1,553 | $1,928 | Apr 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.