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 SUNNYDALE | 19 | OCR | 3 | 01-05 | 1,302 | $1,770,000 | $1,359 | $1,663 | Oct 2025 | Resale |
| THE SUNNYDALE | 19 | OCR | 4* | 01-05 | 1,561 | $1,910,000 | $1,224 | $1,498 | Aug 2025 | Resale |
| THE SUNNYDALE | 19 | OCR | 4* | 01-05 | 1,518 | $2,138,000 | $1,409 | $1,725 | Aug 2025 | Resale |
| THE SUNNYDALE | 19 | OCR | 3 | 01-05 | 1,356 | $1,900,000 | $1,401 | $1,715 | Jul 2025 | Resale |
| THE SUNNYDALE | 19 | OCR | 3 | 01-05 | 1,345 | $1,820,000 | $1,353 | $1,656 | Feb 2024 | Resale |
| THE SUNNYDALE | 19 | OCR | 3 | 01-05 | 1,324 | $1,638,000 | $1,237 | $1,514 | Jul 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.