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 |
|---|---|---|---|---|---|---|---|---|---|---|
| WESTWOOD PARK | 22 | OCR | 5* | - | 2,300 | $2,462,888 | $1,071 | $1,339 | Oct 2025 | Resale |
| WESTWOOD PARK | 22 | OCR | 5* | - | 3,156 | $3,100,000 | $982 | $1,228 | Sep 2025 | Resale |
| WESTWOOD PARK | 22 | OCR | 5* | - | 1,615 | $2,250,000 | $1,394 | $1,743 | Aug 2025 | Resale |
| WESTWOOD PARK | 22 | OCR | 5* | - | 1,615 | $2,428,000 | $1,504 | $1,880 | Jul 2025 | Resale |
| WESTWOOD PARK | 22 | OCR | 5* | - | 1,673 | $2,268,000 | $1,356 | $1,695 | May 2025 | Resale |
| WESTWOOD PARK | 22 | OCR | 5* | - | 1,615 | $2,250,000 | $1,394 | $1,743 | Apr 2025 | Resale |
| WESTWOOD PARK | 22 | OCR | 5* | - | 2,260 | $2,400,000 | $1,062 | $1,328 | Jan 2025 | Resale |
| WESTWOOD PARK | 22 | OCR | 5* | - | 1,673 | $2,200,000 | $1,315 | $1,644 | Nov 2024 | Resale |
| WESTWOOD PARK | 22 | OCR | 5* | - | 2,104 | $2,438,000 | $1,159 | $1,449 | Aug 2024 | Resale |
| WESTWOOD PARK | 22 | OCR | 5* | - | 1,615 | $2,230,000 | $1,381 | $1,726 | Aug 2024 | Resale |
| WESTWOOD PARK | 22 | OCR | 5* | - | 1,673 | $2,300,000 | $1,375 | $1,719 | Jun 2024 | Resale |
| WESTWOOD PARK | 22 | OCR | 5* | - | 1,615 | $2,250,000 | $1,394 | $1,743 | Apr 2024 | Resale |
| WESTWOOD PARK | 22 | OCR | 5* | - | 1,879 | $2,280,000 | $1,213 | $1,516 | Sep 2023 | Resale |
| WESTWOOD PARK | 22 | OCR | 5* | - | 1,856 | $2,268,000 | $1,222 | $1,528 | Jul 2023 | Resale |
| WESTWOOD PARK | 22 | OCR | 5* | - | 1,615 | $2,180,000 | $1,350 | $1,688 | Jul 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.