Principal Garden
Principal Garden is a 99-year leasehold condominium in District 3 (Tiong Bahru, Queenstown), within Singapore's Rest of Central Region (RCR). The development was completed in 2019 and comprises 663 units, on a lease that commenced in 2014. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
PRINCIPAL GARDEN
Over the 12 months to Jun 2026, Principal Garden recorded 28 resale transactions at a median $2,141 psf (median price $1,669,000), and 195 rental contracts at a median $4,500/mo, a gross rental yield of 3.2%. Source: URA caveat data, as of Jun 2026.
Principal Garden's median of $2,141 psf over the trailing 12 months places its pricing above roughly 55% of District 3 condos; resale liquidity has been active with 28 caveats lodged; the 3.2% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jun-26 | $980,000 | $1,979 psf | 495 sqft | 11 to 15 | Studio |
| Jun-26 | $1,825,000 | $2,261 psf | 807 sqft | 06 to 10 | 2BR |
| Jun-26 | $1,830,000 | $2,125 psf | 861 sqft | 01 to 05 | 2BR |
| May-26 | $1,880,000 | $2,329 psf | 807 sqft | 11 to 15 | 2BR |
| Mar-26 | $1,608,000 | $2,104 psf | 764 sqft | 11 to 15 | 2BR |
| Mar-26 | $1,800,000 | $2,230 psf | 807 sqft | 11 to 15 | 2BR |
| Mar-26 | $2,905,000 | $2,699 psf | 1,076 sqft | 16 to 20 | 3BR |
| Feb-26 | $1,888,000 | $2,193 psf | 861 sqft | 06 to 10 | 2BR |
Can I afford Principal Garden?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,669,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.