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 |
|---|---|---|---|---|---|---|---|---|---|---|
| TRELLIS TOWERS | 12 | RCR | 3 | 21-25 | 1,141 | $2,584,800 | $2,265 | $2,265 | Oct 2025 | Resale |
| TRELLIS TOWERS | 12 | RCR | 1 | 06-10 | 549 | $1,020,000 | $1,858 | $1,858 | Sep 2025 | Resale |
| TRELLIS TOWERS | 12 | RCR | 3 | 21-25 | 1,485 | $3,090,000 | $2,080 | $2,080 | Aug 2025 | Resale |
| TRELLIS TOWERS | 12 | RCR | 3 | 16-20 | 1,163 | $2,560,000 | $2,202 | $2,202 | Jun 2025 | Resale |
| TRELLIS TOWERS | 12 | RCR | 3 | 21-25 | 1,141 | $2,380,000 | $2,086 | $2,086 | Jun 2025 | Resale |
| TRELLIS TOWERS | 12 | RCR | 3 | 11-15 | 1,485 | $2,850,000 | $1,919 | $1,919 | Feb 2025 | Resale |
| TRELLIS TOWERS | 12 | RCR | 3 | 01-05 | 1,485 | $3,200,000 | $2,154 | $2,154 | Feb 2025 | Resale |
| TRELLIS TOWERS | 12 | RCR | 3 | 21-25 | 1,141 | $2,260,000 | $1,981 | $1,981 | Nov 2024 | Resale |
| TRELLIS TOWERS | 12 | RCR | 3 | 16-20 | 1,141 | $2,095,000 | $1,836 | $1,836 | Jul 2024 | Resale |
| TRELLIS TOWERS | 12 | RCR | 3 | 06-10 | 1,163 | $2,200,000 | $1,892 | $1,892 | Jul 2024 | Resale |
| TRELLIS TOWERS | 12 | RCR | 3 | 01-05 | 1,163 | $2,140,000 | $1,841 | $1,841 | Jun 2024 | Resale |
| TRELLIS TOWERS | 12 | RCR | 2 | 06-10 | 710 | $1,415,000 | $1,992 | $1,992 | Apr 2024 | Resale |
| TRELLIS TOWERS | 12 | RCR | 3 | 21-25 | 1,141 | $2,230,000 | $1,954 | $1,954 | Mar 2024 | Resale |
| TRELLIS TOWERS | 12 | RCR | 2 | 11-15 | 710 | $1,630,000 | $2,294 | $2,294 | Jan 2024 | Resale |
| TRELLIS TOWERS | 12 | RCR | 3 | 06-10 | 1,485 | $2,740,000 | $1,845 | $1,845 | Oct 2023 | Resale |
| TRELLIS TOWERS | 12 | RCR | 3 | 06-10 | 1,141 | $2,043,000 | $1,791 | $1,791 | Jul 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.