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 TRE VER | 13 | RCR | 2 | 16-20 | 743 | $1,555,000 | $2,094 | $2,325 | Apr 2026 | Resale |
| THE TRE VER | 13 | RCR | 2 | 16-20 | 753 | $1,480,000 | $1,964 | $2,181 | Apr 2026 | Resale |
| THE TRE VER | 13 | RCR | 2 | 01-05 | 700 | $1,400,000 | $2,001 | $2,222 | Mar 2026 | Resale |
| THE TRE VER | 13 | RCR | 2 | 16-20 | 700 | $1,460,000 | $2,087 | $2,317 | Mar 2026 | Resale |
| THE TRE VER | 13 | RCR | 2 | 01-05 | 743 | $1,318,888 | $1,776 | $1,972 | Feb 2026 | Resale |
| THE TRE VER | 13 | RCR | 2 | 11-15 | 689 | $1,420,000 | $2,061 | $2,288 | Jan 2026 | Resale |
| THE TRE VER | 13 | RCR | 2 | 11-15 | 753 | $1,508,000 | $2,001 | $2,222 | Jan 2026 | Resale |
| THE TRE VER | 13 | RCR | 1 | 11-15 | 506 | $939,888 | $1,858 | $2,063 | Dec 2025 | Resale |
| THE TRE VER | 13 | RCR | 2 | 16-20 | 743 | $1,510,000 | $2,033 | $2,257 | Dec 2025 | Resale |
| THE TRE VER | 13 | RCR | 1 | 06-10 | 506 | $960,000 | $1,898 | $2,107 | Dec 2025 | Resale |
| THE TRE VER | 13 | RCR | 3 | 01-05 | 1,098 | $2,250,000 | $2,049 | $2,275 | Dec 2025 | Resale |
| THE TRE VER | 13 | RCR | 3 | 16-20 | 1,109 | $2,350,000 | $2,120 | $2,354 | Nov 2025 | Resale |
| THE TRE VER | 13 | RCR | 2 | 11-15 | 743 | $1,460,000 | $1,966 | $2,183 | Nov 2025 | Resale |
| THE TRE VER | 13 | RCR | 3 | 01-05 | 1,098 | $2,250,000 | $2,049 | $2,275 | Nov 2025 | Resale |
| THE TRE VER | 13 | RCR | 2 | 16-20 | 700 | $1,430,000 | $2,044 | $2,270 | Nov 2025 | Resale |
| THE TRE VER | 13 | RCR | 2 | 16-20 | 614 | $1,260,000 | $2,054 | $2,281 | Nov 2025 | Resale |
| THE TRE VER | 13 | RCR | 1 | 16-20 | 495 | $880,000 | $1,777 | $1,973 | Nov 2025 | Resale |
| THE TRE VER | 13 | RCR | 3 | 16-20 | 1,098 | $2,350,000 | $2,140 | $2,376 | Oct 2025 | Resale |
| THE TRE VER | 13 | RCR | 2 | 11-15 | 753 | $1,500,000 | $1,991 | $2,211 | Oct 2025 | Resale |
| THE TRE VER | 13 | RCR | 2 | 06-10 | 743 | $1,455,000 | $1,959 | $2,175 | Oct 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.