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 WOODS | 22 | OCR | 5* | - | 4,004 | $2,628,888 | $657 | — | May 2026 | Resale |
| THE WOODS | 22 | OCR | 5* | - | 4,015 | $2,800,000 | $697 | — | Apr 2026 | Resale |
| THE WOODS | 22 | OCR | 5* | - | 4,004 | $2,650,000 | $662 | — | Nov 2025 | Resale |
| THE WOODS | 22 | OCR | 5* | - | 4,004 | $2,685,000 | $671 | — | Aug 2025 | Resale |
| THE WOODS | 22 | OCR | 5* | - | 4,004 | $2,550,000 | $637 | — | Jul 2025 | Resale |
| THE WOODS | 22 | OCR | 5* | - | 4,004 | $2,650,000 | $662 | — | Mar 2025 | Resale |
| THE WOODS | 22 | OCR | 5* | - | 4,015 | $2,508,000 | $625 | — | Feb 2025 | Resale |
| THE WOODS | 22 | OCR | 5* | - | 4,004 | $2,450,000 | $612 | — | Oct 2024 | Resale |
| THE WOODS | 22 | OCR | 5* | - | 4,004 | $2,388,000 | $596 | — | Jul 2024 | Resale |
| THE WOODS | 22 | OCR | 5* | - | 4,263 | $2,500,000 | $587 | — | Mar 2024 | Resale |
| THE WOODS | 22 | OCR | 5* | - | 4,004 | $2,300,000 | $574 | — | Feb 2024 | Resale |
| THE WOODS | 22 | OCR | 5* | - | 4,263 | $2,360,000 | $554 | — | Dec 2023 | Resale |
| THE WOODS | 22 | OCR | 5* | - | 4,015 | $2,200,000 | $548 | — | Aug 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.