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Principal Garden

Condominium · District 03 (Tiong Bahru / Alexandra / Queenstown) · Rest of Central Region · 99-year lease (87 yrs left) · Updated Jun 2026

Principal Garden is a 99-year lease (87 yrs left) condominium development in District 03 (Tiong Bahru / Alexandra / Queenstown). It has 217 recorded private transactions. Latest sale: $1,825,000 (Jun 2026, 75 sqm, floors 06-10). Median $2,028/sqft. Prices up 12.3% over the period. 87 years lease remaining.

Latest Sale
$1,825,000
Jun 2026 · 75 sqm
Median Price
$2,028/sqft
$1,600,000 typical unit
Transactions
217
$1,755–$2,699 psf
Price Trend
▲ 12.3%
~2.4% a year

Where Principal Garden ranks in District 03

All 35 projects ›
Median psf
Top 57%
#20 / 35 Top 57%
Typical unit price
Top 77%
#27 / 35 Top 77%
Most recent sale
Top 60%
#21 / 35 Top 60%
Price growth
Top 77%
#24 / 31 Top 77%

Median psf over time

Estimate a unit at Principal Garden

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +2.4%/yr
Lease decay −0.18%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

87 yrs
Remaining lease
0.18%
Annual decay (Bala's Table)
2014
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.18% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,925 31
06-10 $1,963 47
11-15 $2,036 53
16-20 $2,135 44
21-25 $2,040 42

Recent transactions

DateFloorType AreaPricepsf
Jun 2026 06-10 Resale 75 sqm $1,825,000 $2,261
Jun 2026 11-15 Resale 46 sqm $980,000 $1,979
May 2026 11-15 Resale 75 sqm $1,880,000 $2,329
Mar 2026 11-15 Resale 75 sqm $1,800,000 $2,230
Mar 2026 11-15 Resale 71 sqm $1,608,000 $2,104
Mar 2026 16-20 Resale 100 sqm $2,905,000 $2,699
Feb 2026 11-15 Resale 45 sqm $945,000 $1,951
Feb 2026 06-10 Resale 80 sqm $1,888,000 $2,193
Jan 2026 11-15 Resale 100 sqm $2,800,000 $2,601
Dec 2025 06-10 Resale 71 sqm $1,700,000 $2,224
Dec 2025 21-25 Resale 45 sqm $950,000 $1,961
Dec 2025 01-05 Resale 45 sqm $930,000 $1,920
Nov 2025 21-25 Resale 46 sqm $965,000 $1,949
Nov 2025 06-10 Resale 75 sqm $1,850,000 $2,292
Nov 2025 16-20 Resale 45 sqm $960,000 $1,982
Nov 2025 16-20 Resale 146 sqm $3,960,000 $2,520
Oct 2025 01-05 Resale 46 sqm $928,000 $1,874
Oct 2025 11-15 Resale 71 sqm $1,638,000 $2,143
Sep 2025 16-20 Resale 75 sqm $1,920,000 $2,378
Sep 2025 21-25 Resale 46 sqm $965,000 $1,949
Sep 2025 21-25 Resale 46 sqm $955,000 $1,929
Aug 2025 16-20 Resale 73 sqm $1,711,000 $2,177
Aug 2025 21-25 Resale 75 sqm $1,919,000 $2,377
Jul 2025 16-20 Resale 71 sqm $1,635,000 $2,139
Jul 2025 01-05 Resale 45 sqm $918,000 $1,895
Showing 25 of 217 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Principal Garden is inside the 1 km Primary 1 priority zone for 2 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Principal Garden, with their median resale psf. Useful for comparing what Principal Garden costs per square foot against nearby developments.

More condos in District 03
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Principal Garden

Principal Garden is a leasehold condominium development in District 03 (Tiong Bahru / Alexandra / Queenstown), within the Rest of Central Region of Singapore. Its $2,028 psf median tracks close to the District 03 median. It has a busy transaction history, with 217 sales between 2021-07 and 2026-06, ranging from $850,000 to $3,960,000. The most recent transaction was a 75 sqm unit (floors 06-10) at $1,825,000 in Jun 2026, and the median is $2,028 psf. Over the data window, prices here are up about 12.3% (about 2.4% a year). On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 87 years remaining is 0.9499, an annual lease decay of about 0.18%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Principal Garden cost?

The most recent transaction at Principal Garden was $1,825,000 for a 75 sqm unit in 2026-06. The median price is $2,028 per square foot across 217 transactions, ranging from $850,000 to $3,960,000. Data sourced from URA.

Is Principal Garden freehold or leasehold?

Principal Garden is on a 99-year lease commencing in 2014, with approximately 87 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.18%.

What is the price per square foot (psf) at Principal Garden?

The median price at Principal Garden is $2,028 psf, with transactions ranging from $1,755 to $2,699 psf. This is based on 217 URA-recorded transactions in District 03.

Have prices at Principal Garden gone up or down?

Prices at Principal Garden have increased by approximately 12.3% over the data period (around 2.4% a year). The median price is currently $2,028 psf, with the most recent sale at $1,825,000 in 2026-06.