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 |
|---|---|---|---|---|---|---|---|---|---|---|
| TREASURE AT TAMPINES | 18 | OCR | 2 | 06-10 | 678 | $1,140,000 | $1,681 | $1,867 | Apr 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 3 | 06-10 | 915 | $1,658,000 | $1,812 | $2,012 | Apr 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 4 | 06-10 | 1,238 | $2,470,000 | $1,995 | $2,215 | Apr 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 4 | 11-15 | 1,324 | $2,650,000 | $2,002 | $2,223 | Apr 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 2 | 01-05 | 657 | $1,130,000 | $1,721 | $1,911 | Apr 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 3 | 06-10 | 1,033 | $2,020,000 | $1,955 | $2,171 | Apr 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 3 | 06-10 | 1,033 | $1,840,800 | $1,781 | $1,978 | Mar 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 3 | 06-10 | 915 | $1,680,000 | $1,836 | $2,039 | Mar 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 3 | 01-05 | 818 | $1,470,000 | $1,797 | $1,995 | Mar 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 2 | 06-10 | 678 | $1,148,000 | $1,693 | $1,880 | Mar 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 2 | 01-05 | 657 | $1,140,000 | $1,736 | $1,928 | Mar 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 3 | 06-10 | 1,033 | $1,968,000 | $1,905 | $2,115 | Mar 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 1 | 11-15 | 463 | $786,000 | $1,698 | $1,885 | Mar 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 1 | 06-10 | 463 | $818,000 | $1,767 | $1,962 | Mar 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 4 | 01-05 | 1,367 | $2,525,000 | $1,847 | $2,051 | Mar 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 4 | 11-15 | 1,238 | $2,468,000 | $1,994 | $2,214 | Mar 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 2 | 11-15 | 581 | $1,020,000 | $1,755 | $1,949 | Mar 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 4 | 06-10 | 1,238 | $2,380,000 | $1,923 | $2,135 | Feb 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 2 | 06-10 | 678 | $1,220,000 | $1,799 | $1,998 | Feb 2026 | Resale |
| TREASURE AT TAMPINES | 18 | OCR | 4 | 01-05 | 1,238 | $2,350,000 | $1,898 | $2,107 | Feb 2026 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.