Adjusted psf and more

Price per square foot (psf) figures seen on property websites lack the measure of time. How do you compare $X psf for a freehold apartment versus $Y psf for an apartment with 80 years remaining on the lease? Enter the adjusted psf. See the following real-life examples. Example A 365 Yishun Ring Road Storey: 10 to 12 Floor Area: 74 sqm or 796.53 sqft Lease Commence Date: 1989 Remaining Lease: 67 years 7 months Resale Price: S$ 253,800.00 Resale Registration Date: Sep 2020 The psf for Example A is S$ 253,800.00 / 796.53 sqft = S$ 318.63 We want to normalise the psf value to obtain the equivalent price had the unit been sold freehold. To do that, we bring in the Leasehold Table (or Bala’s Table). More details about the Leasehold Table are available: https://www.clc.gov.sg/docs/default-source/commentaries/balas-table.pdf https://www.edgeprop.sg/tags/leasehold-table https://www.99.co/blog/singapore/balas-curve-leasehold-property-value/ The Leasehold Table is reproduced below. The Leasehold