Principal Garden
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.
Where Principal Garden ranks in District 03
All 35 projects ›Median psf over time
Estimate a unit at Principal Garden
Based on URA transactions for this development. Pick a floor band and unit size.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
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 band | Median psf | Transactions |
|---|---|---|
| 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
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| 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 | 21-25 | Resale | 45 sqm | $950,000 | $1,961 |
| Dec 2025 | 01-05 | Resale | 45 sqm | $930,000 | $1,920 |
| Dec 2025 | 06-10 | Resale | 71 sqm | $1,700,000 | $2,224 |
| Nov 2025 | 16-20 | Resale | 146 sqm | $3,960,000 | $2,520 |
| 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 |
| Oct 2025 | 11-15 | Resale | 71 sqm | $1,638,000 | $2,143 |
| Oct 2025 | 01-05 | Resale | 46 sqm | $928,000 | $1,874 |
| 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 | 11-15 | Resale | 100 sqm | $2,750,000 | $2,555 |
| Jul 2025 | 01-05 | Resale | 46 sqm | $920,398 | $1,859 |
About Principal Garden
Principal Garden is a 99-year leasehold development with its lease commencing in 2014 and about 87 years remaining in District 03 (Tiong Bahru / Alexandra / Queenstown), within the Rest of Central Region of Singapore. It is among the more actively traded condominium developments in the area, with 217 recorded transactions 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) sold for $1,825,000 in 2026-06, and the median price is $2,028 per square foot. Prices here have risen by about 12.3% over the period (around 2.4% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold 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.