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 |
|---|---|---|---|---|---|---|---|---|---|---|
| UBER 388 | 16 | OCR | 4 | 01-05 | 1,518 | $2,810,000 | $1,851 | $1,851 | Mar 2026 | Resale |
| UBER 388 | 16 | OCR | 2 | 01-05 | 840 | $1,582,000 | $1,884 | $1,884 | Oct 2025 | Resale |
| UBER 388 | 16 | OCR | 2 | 01-05 | 990 | $1,600,000 | $1,616 | $1,616 | Sep 2025 | Resale |
| UBER 388 | 16 | OCR | 2 | 01-05 | 904 | $1,700,898 | $1,881 | $1,881 | May 2025 | Resale |
| UBER 388 | 16 | OCR | 1 | 01-05 | 538 | $1,108,000 | $2,059 | $2,059 | Dec 2024 | Resale |
| UBER 388 | 16 | OCR | 3 | 01-05 | 1,345 | $2,255,000 | $1,676 | $1,676 | Sep 2024 | Resale |
| UBER 388 | 16 | OCR | 2 | 01-05 | 1,076 | $1,660,000 | $1,542 | $1,542 | Aug 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.