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).
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Transaction prices per square foot
| Project | Dist | Region | Bed | Floor | Area | Price | PSF | 99yr Norm | Date | Type |
|---|---|---|---|---|---|---|---|---|---|---|
| THE TAPESTRY | 18 | OCR | 1 | 01-05 | 474 | $810,000 | $1,710 | — | Apr 2026 | Resale |
| THE TAPESTRY | 18 | OCR | 3 | 01-05 | 926 | $1,630,000 | $1,761 | — | Apr 2026 | Resale |
| THE TAPESTRY | 18 | OCR | 3 | 06-10 | 1,130 | $2,030,000 | $1,796 | — | Apr 2026 | Resale |
| THE TAPESTRY | 18 | OCR | 1 | 11-15 | 441 | $750,000 | $1,699 | — | Mar 2026 | Resale |
| THE TAPESTRY | 18 | OCR | 2 | 06-10 | 700 | $1,210,000 | $1,729 | — | Mar 2026 | Resale |
| THE TAPESTRY | 18 | OCR | 2 | 01-05 | 700 | $1,240,000 | $1,772 | — | Feb 2026 | Resale |
| THE TAPESTRY | 18 | OCR | 3 | 06-10 | 990 | $1,791,888 | $1,809 | — | Feb 2026 | Resale |
| THE TAPESTRY | 18 | OCR | 2 | 11-15 | 603 | $1,070,000 | $1,775 | — | Jan 2026 | Resale |
| THE TAPESTRY | 18 | OCR | 2 | 11-15 | 603 | $1,065,000 | $1,767 | — | Jan 2026 | Resale |
| THE TAPESTRY | 18 | OCR | 3 | 11-15 | 990 | $1,750,000 | $1,767 | — | Jan 2026 | Resale |
| THE TAPESTRY | 18 | OCR | 1 | 06-10 | 474 | $818,000 | $1,727 | — | Jan 2026 | Resale |
| THE TAPESTRY | 18 | OCR | 1 | 11-15 | 474 | $816,000 | $1,723 | — | Jan 2026 | Resale |
| THE TAPESTRY | 18 | OCR | 2 | 11-15 | 603 | $1,078,000 | $1,788 | — | Jan 2026 | Resale |
| THE TAPESTRY | 18 | OCR | 5 | 11-15 | 1,991 | $3,300,000 | $1,657 | — | Dec 2025 | Resale |
| THE TAPESTRY | 18 | OCR | 2 | 11-15 | 603 | $1,056,000 | $1,752 | — | Dec 2025 | Resale |
| THE TAPESTRY | 18 | OCR | 1 | 11-15 | 474 | $800,000 | $1,689 | — | Dec 2025 | Resale |
| THE TAPESTRY | 18 | OCR | 1 | 01-05 | 441 | $760,000 | $1,722 | — | Dec 2025 | Resale |
| THE TAPESTRY | 18 | OCR | 2 | 06-10 | 700 | $1,220,000 | $1,744 | — | Nov 2025 | Resale |
| THE TAPESTRY | 18 | OCR | 3 | 06-10 | 1,130 | $1,970,000 | $1,743 | — | Nov 2025 | Resale |
| THE TAPESTRY | 18 | OCR | 1 | 01-05 | 441 | $770,000 | $1,745 | — | Nov 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.