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 TOPIARY | 28 | OCR | 3 | 16-20 | 915 | $1,425,686 | $1,558 | $1,765 | May 2026 | Resale |
| THE TOPIARY | 28 | OCR | 3 | 11-15 | 904 | $1,468,000 | $1,624 | $1,840 | May 2026 | Resale |
| THE TOPIARY | 28 | OCR | 3 | 06-10 | 915 | $1,390,000 | $1,519 | $1,721 | May 2026 | Resale |
| THE TOPIARY | 28 | OCR | 4 | 16-20 | 1,389 | $2,200,000 | $1,584 | $1,795 | May 2026 | Resale |
| THE TOPIARY | 28 | OCR | 4 | 11-15 | 1,367 | $2,100,000 | $1,536 | $1,740 | May 2026 | Resale |
| THE TOPIARY | 28 | OCR | 5 | 21-25 | 2,174 | $2,900,000 | $1,334 | $1,512 | Apr 2026 | Resale |
| THE TOPIARY | 28 | OCR | 4 | 01-05 | 1,389 | $1,828,880 | $1,317 | $1,492 | Apr 2026 | Resale |
| THE TOPIARY | 28 | OCR | 3 | 06-10 | 753 | $1,130,000 | $1,500 | $1,700 | Apr 2026 | Resale |
| THE TOPIARY | 28 | OCR | 3 | 16-20 | 1,259 | $1,908,888 | $1,516 | $1,718 | Apr 2026 | Resale |
| THE TOPIARY | 28 | OCR | 3 | 06-10 | 753 | $1,140,000 | $1,513 | $1,714 | Apr 2026 | Resale |
| THE TOPIARY | 28 | OCR | 4 | 11-15 | 1,292 | $2,068,000 | $1,601 | $1,814 | Apr 2026 | Resale |
| THE TOPIARY | 28 | OCR | 3 | 16-20 | 1,087 | $1,720,000 | $1,582 | $1,793 | Mar 2026 | Resale |
| THE TOPIARY | 28 | OCR | 4 | 06-10 | 1,335 | $2,100,000 | $1,573 | $1,782 | Mar 2026 | Resale |
| THE TOPIARY | 28 | OCR | 3 | 06-10 | 904 | $1,400,000 | $1,548 | $1,754 | Mar 2026 | Resale |
| THE TOPIARY | 28 | OCR | 4 | 11-15 | 1,292 | $2,218,000 | $1,717 | $1,945 | Mar 2026 | Resale |
| THE TOPIARY | 28 | OCR | 4 | 11-15 | 1,292 | $2,110,000 | $1,634 | $1,851 | Mar 2026 | Resale |
| THE TOPIARY | 28 | OCR | 3 | 16-20 | 915 | $1,400,000 | $1,530 | $1,734 | Mar 2026 | Resale |
| THE TOPIARY | 28 | OCR | 3 | 06-10 | 904 | $1,310,000 | $1,449 | $1,642 | Mar 2026 | Resale |
| THE TOPIARY | 28 | OCR | 4 | 11-15 | 1,389 | $2,140,000 | $1,541 | $1,746 | Mar 2026 | Resale |
| THE TOPIARY | 28 | OCR | 3 | 16-20 | 1,055 | $1,688,000 | $1,600 | $1,813 | Feb 2026 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.