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 |
|---|---|---|---|---|---|---|---|---|---|---|
| YUNNAN GARDENS | 22 | OCR | 5* | - | 2,550 | $4,100,000 | $1,608 | $1,608 | Feb 2026 | Resale |
| YUNNAN GARDENS | 22 | OCR | 5* | - | 4,228 | $5,200,000 | $1,230 | $1,230 | Feb 2026 | Resale |
| YUNNAN GARDENS | 22 | OCR | 5* | - | 2,551 | $4,880,000 | $1,913 | $1,913 | Dec 2025 | Resale |
| YUNNAN GARDENS | 22 | OCR | 5* | - | 2,519 | $4,280,000 | $1,699 | $1,699 | May 2025 | Resale |
| YUNNAN GARDENS | 22 | OCR | 5* | - | 2,953 | $4,500,000 | $1,524 | $1,524 | Mar 2025 | Resale |
| YUNNAN GARDENS | 22 | OCR | 5* | - | 2,550 | $3,300,000 | $1,294 | $1,294 | Mar 2025 | Resale |
| YUNNAN GARDENS | 22 | OCR | 5* | - | 2,550 | $3,800,000 | $1,490 | $1,490 | Nov 2024 | Resale |
| YUNNAN GARDENS | 22 | OCR | 5* | - | 2,948 | $4,940,000 | $1,676 | $1,676 | Aug 2024 | Resale |
| YUNNAN GARDENS | 22 | OCR | 5* | - | 2,550 | $3,680,000 | $1,443 | $1,443 | Oct 2023 | Resale |
| YUNNAN GARDENS | 22 | OCR | 5* | - | 6,565 | $7,000,000 | $1,066 | $1,066 | Sep 2023 | Resale |
| YUNNAN GARDENS | 22 | OCR | 5* | - | 4,714 | $5,200,000 | $1,103 | $1,103 | Jun 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.