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 WARREN | 23 | OCR | 3* | 01-05 | 1,227 | $1,450,000 | $1,182 | $1,414 | Apr 2026 | Resale |
| THE WARREN | 23 | OCR | 3* | 11-15 | 1,249 | $1,530,000 | $1,225 | $1,465 | Apr 2026 | Resale |
| THE WARREN | 23 | OCR | 4* | 06-10 | 1,259 | $1,500,000 | $1,191 | $1,425 | Mar 2026 | Resale |
| THE WARREN | 23 | OCR | 3* | 06-10 | 1,066 | $1,280,000 | $1,201 | $1,437 | Feb 2026 | Resale |
| THE WARREN | 23 | OCR | 5* | 01-05 | 1,668 | $2,000,000 | $1,199 | $1,434 | Jan 2026 | Resale |
| THE WARREN | 23 | OCR | 3* | 01-05 | 1,044 | $1,200,000 | $1,149 | $1,374 | Jan 2026 | Resale |
| THE WARREN | 23 | OCR | 3* | 01-05 | 1,055 | $1,238,888 | $1,174 | $1,404 | Jan 2026 | Resale |
| THE WARREN | 23 | OCR | 4* | 11-15 | 1,539 | $1,900,000 | $1,234 | $1,476 | Dec 2025 | Resale |
| THE WARREN | 23 | OCR | 3* | 06-10 | 1,238 | $1,528,000 | $1,234 | $1,476 | Oct 2025 | Resale |
| THE WARREN | 23 | OCR | 3* | 01-05 | 1,066 | $1,220,000 | $1,145 | $1,370 | Sep 2025 | Resale |
| THE WARREN | 23 | OCR | 3* | 11-15 | 1,238 | $1,575,000 | $1,272 | $1,522 | Sep 2025 | Resale |
| THE WARREN | 23 | OCR | 3* | 06-10 | 1,044 | $1,220,000 | $1,168 | $1,397 | Sep 2025 | Resale |
| THE WARREN | 23 | OCR | 3* | 06-10 | 1,238 | $1,400,000 | $1,131 | $1,353 | Sep 2025 | Resale |
| THE WARREN | 23 | OCR | 3* | 01-05 | 1,066 | $1,220,000 | $1,145 | $1,370 | Jun 2025 | Resale |
| THE WARREN | 23 | OCR | 3* | 11-15 | 1,238 | $1,550,000 | $1,252 | $1,498 | May 2025 | Resale |
| THE WARREN | 23 | OCR | 3* | 06-10 | 1,055 | $1,220,000 | $1,157 | $1,384 | May 2025 | Resale |
| THE WARREN | 23 | OCR | 3* | 11-15 | 1,249 | $1,550,000 | $1,241 | $1,484 | May 2025 | Resale |
| THE WARREN | 23 | OCR | 3* | 01-05 | 1,238 | $1,440,000 | $1,163 | $1,391 | May 2025 | Resale |
| THE WARREN | 23 | OCR | 3* | 06-10 | 1,033 | $1,232,000 | $1,192 | $1,426 | Apr 2025 | Resale |
| THE WARREN | 23 | OCR | 3* | 11-15 | 1,216 | $1,580,000 | $1,299 | $1,554 | Mar 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.