We track 224 sales and 996 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PRINCIPAL GARDEN dashboard.
- Average sale price: $1,614,019 across 224 transactions
- Estimated gross rental yield: 3.2%
- District 3 PSF ranking: Above average (top 47%)
- 99 yrs lease commencing from 2014 · RCR · D3 · 663 units
About PRINCIPAL GARDEN
PRINCIPAL GARDEN is a 99 yrs lease commencing from 2014 condominium, located at PRINCE CHARLES CRESCENT in District 3 (Tiong Bahru, Queenstown) (Rest of Central Region), developed by SECURE VENTURE DEVELOPMENT (ALEXANDRA) PTE. LTD, comprising 663 residential units, completed in 2019.
With approximately 87 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Unit Mix Distribution
Transaction data breakdown by bedroom type at PRINCIPAL GARDEN:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 72 | $1,903 psf | $930,110 |
| 1 BR | 10 | $1,885 psf | $953,400 |
| 2 BR | 106 | $2,103 psf | $1,677,754 |
| 3 BR | 25 | $2,312 psf | $2,670,072 |
| 4 BR | 10 | $2,320 psf | $3,645,578 |
| 5+ BR | 1 | $1,992 psf | $3,988,888 |
Sales Market Overview
PRINCIPAL GARDEN has recorded 224 sale transactions with an average transaction price of $1,614,019, ranging from $850,000 to $3,988,888.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 42 | $1,915 psf | $1,445,950 | — |
| 2022 | 48 | $1,969 psf | $1,520,779 | ↑ 2.9% |
| 2023 | 38 | $2,066 psf | $1,560,239 | ↑ 4.9% |
| 2024 | 42 | $2,167 psf | $1,750,315 | ↑ 4.9% |
| 2025 | 49 | $2,157 psf | $1,728,014 | ↓ 0.5% |
| 2026 | 5 | $2,335 psf | $2,067,600 | ↑ 8.3% |
PRINCIPAL GARDEN ranks in the top 47% of condos in District 3 by average PSF.
Compared to the RCR average of $2,049 psf, PRINCIPAL GARDEN trades 0.6% above the segment benchmark.
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Rental Market Overview
PRINCIPAL GARDEN has recorded 996 rental transactions with monthly rents averaging $4,348/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 391 | $3,321/mo | $2,300/mo | $5,343/mo |
| 2 BR | 511 | $4,585/mo | $2,700/mo | $7,122/mo |
| 3 BR | 64 | $6,405/mo | $4,500/mo | $8,250/mo |
| 4 BR | 29 | $9,133/mo | $7,100/mo | $14,000/mo |
| 5+ BR | 1 | $14,500/mo | $14,500/mo | $14,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 220 | $3,612/mo |
| 2022 | 172 | $4,233/mo |
| 2023 | 185 | $5,072/mo |
| 2024 | 160 | $4,576/mo |
| 2025 | 195 | $4,413/mo |
| 2026 | 64 | $4,329/mo |
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Investment Analysis
Based on average rents and sale prices, PRINCIPAL GARDEN delivers an estimated gross rental yield of 3.2%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 3
Side-by-side comparison against the most actively traded condos in District 3 (Tiong Bahru, Queenstown):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| ZYON GRAND | 99 yrs lease commencing from 2024 | 1079 | $3,053 psf | 630 |
| AVENUE SOUTH RESIDENCE | 99 yrs lease commencing from 2018 | 1074 | $2,261 psf | 582 |
| STIRLING RESIDENCES | 99 yrs lease commencing from 2017 | 1259 | $2,278 psf | 463 |
| PENRITH | 99 yrs lease commencing from 2024 | 462 | $2,796 psf | 451 |
| ONE PEARL BANK | 99 yrs lease commencing from 2019 | 774 | $2,569 psf | 428 |
Location Map
Map shows PRINCIPAL GARDEN (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PRINCIPAL GARDEN
- Redhill MRT
- Tiong Bahru MRT
- Havelock MRT
- Great World MRT
- Orchard Boulevard MRT
- River Valley Primary School
- Gan Eng Seng Primary School
- Gan Eng Seng School
Nearby MRT Stations
PRINCIPAL GARDEN is 750m from Redhill MRT (East-West Line), with 5 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Redhill | EW18 | East-West Line | 750m |
| Tiong Bahru | EW17 | East-West Line | 840m |
| Havelock | TE16 | Thomson-East Coast Line | 1.3 km |
| Great World | TE15 | Thomson-East Coast Line | 1.3 km |
| Orchard Boulevard | TE13 | Thomson-East Coast Line | 1.5 km |
Nearby Schools
There are 15 schools within 2 km of PRINCIPAL GARDEN, including 5 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| River Valley Primary School | Primary | 470m |
| Gan Eng Seng Primary School | Primary | 490m |
| Gan Eng Seng School | Secondary | 560m |
| Henderson Secondary School | Secondary | 590m |
| CHIJ (Kellock) | Primary | 670m |
| Bukit Merah Secondary School | Secondary | 1.1 km |
| Tanglin Secondary School | Secondary | 1.2 km |
| Kheng Cheng School | Primary | 1.3 km |
| Chatsworth International School (Orchard) | International | 1.6 km |
| Radin Mas Primary School | Primary | 1.6 km |
| Outram Secondary School | Secondary | 1.7 km |
| Fairfield Methodist School (Primary) | Primary | 1.8 km |
FAQ
What is the average price for PRINCIPAL GARDEN?
What is the rental yield for PRINCIPAL GARDEN?
Is PRINCIPAL GARDEN freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 224 transactions analysed
- Rental data: 996 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for PRINCIPAL GARDEN
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