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 SPRINGSIDE | 26 | OCR | 5* | - | 2,155 | $4,800,000 | $2,227 | $2,227 | Apr 2026 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 1,759 | $4,600,000 | $2,615 | $2,615 | Mar 2026 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 1,677 | $3,968,000 | $2,366 | $2,366 | Mar 2026 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 2,210 | $4,775,688 | $2,161 | $2,161 | Feb 2026 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 3,935 | $5,080,000 | $1,291 | $1,291 | Feb 2026 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 1,663 | $4,080,000 | $2,453 | $2,453 | Dec 2025 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 1,847 | $3,880,000 | $2,101 | $2,101 | Dec 2025 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 1,744 | $4,400,000 | $2,523 | $2,523 | Nov 2025 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 1,615 | $3,850,000 | $2,385 | $2,385 | Nov 2025 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 1,715 | $4,138,888 | $2,414 | $2,414 | Nov 2025 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 1,615 | $4,020,000 | $2,490 | $2,490 | Oct 2025 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 1,617 | $4,590,000 | $2,839 | $2,839 | Oct 2025 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 1,744 | $4,480,000 | $2,569 | $2,569 | Oct 2025 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 2,292 | $4,800,000 | $2,095 | $2,095 | Oct 2025 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 1,663 | $4,050,000 | $2,435 | $2,435 | Oct 2025 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 1,674 | $4,480,000 | $2,677 | $2,677 | Sep 2025 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 1,847 | $4,280,000 | $2,317 | $2,317 | Sep 2025 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 1,711 | $4,280,000 | $2,501 | $2,501 | Sep 2025 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 1,689 | $4,150,000 | $2,457 | $2,457 | Sep 2025 | Resale |
| THE SPRINGSIDE | 26 | OCR | 5* | - | 1,713 | $4,070,000 | $2,377 | $2,377 | Jul 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.