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 |
|---|---|---|---|---|---|---|---|---|---|---|
| VERDALE | 21 | RCR | 3 | 01-05 | 947 | $1,903,888 | $2,010 | $2,232 | Feb 2026 | Resale |
| VERDALE | 21 | RCR | 2 | 01-05 | 700 | $1,338,000 | $1,912 | $2,123 | Jan 2026 | Resale |
| VERDALE | 21 | RCR | 2 | 01-05 | 732 | $1,350,000 | $1,844 | $2,048 | Dec 2025 | Resale |
| VERDALE | 21 | RCR | 2 | 01-05 | 732 | $1,398,000 | $1,910 | $2,121 | Dec 2025 | Resale |
| VERDALE | 21 | RCR | 3 | 01-05 | 947 | $1,868,000 | $1,972 | $2,190 | Nov 2025 | Resale |
| VERDALE | 21 | RCR | 2 | 01-05 | 732 | $1,470,000 | $2,008 | $2,230 | Oct 2025 | Resale |
| VERDALE | 21 | RCR | 2 | 01-05 | 732 | $1,390,000 | $1,899 | $2,109 | Oct 2025 | Resale |
| VERDALE | 21 | RCR | 2 | 01-05 | 732 | $1,340,000 | $1,831 | $2,033 | Sep 2025 | Resale |
| VERDALE | 21 | RCR | 2 | 01-05 | 700 | $1,365,000 | $1,951 | $2,166 | Aug 2025 | Resale |
| VERDALE | 21 | RCR | 2 | 01-05 | 614 | $1,240,000 | $2,021 | $2,244 | May 2025 | Resale |
| VERDALE | 21 | RCR | 3 | 01-05 | 1,001 | $2,060,000 | $2,058 | $2,285 | Apr 2025 | Resale |
| VERDALE | 21 | RCR | 2 | 01-05 | 614 | $1,220,000 | $1,988 | $2,207 | Feb 2025 | Resale |
| VERDALE | 21 | RCR | 2 | 01-05 | 614 | $1,148,000 | $1,871 | $2,078 | Jan 2025 | Resale |
| VERDALE | 21 | RCR | 1 | 01-05 | 463 | $935,000 | $2,020 | $2,243 | Dec 2024 | Resale |
| VERDALE | 21 | RCR | 2 | 01-05 | 710 | $1,450,000 | $2,041 | $2,266 | Nov 2024 | Resale |
| VERDALE | 21 | RCR | 2 | 01-05 | 753 | $1,500,000 | $1,991 | $2,211 | Nov 2024 | Resale |
| VERDALE | 21 | RCR | 3 | 01-05 | 1,001 | $2,200,000 | $2,198 | $2,441 | Oct 2024 | Resale |
| VERDALE | 21 | RCR | 2 | 01-05 | 614 | $1,160,000 | $1,891 | $2,100 | Sep 2024 | Resale |
| VERDALE | 21 | RCR | 3 | 01-05 | 1,001 | $2,090,000 | $2,088 | $2,318 | Sep 2024 | Resale |
| VERDALE | 21 | RCR | 2 | 01-05 | 614 | $1,168,000 | $1,904 | $2,114 | Aug 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.