Principal Garden

Principal Garden is a condominium in District 3 (Alexandra / Commonwealth), in the Rest of Central Region. In the 12 months to August 2026, the median price was S$2,143 psf from 25 sales.

At a glance

District: District 3 (Alexandra / Commonwealth)
Region: Rest of Central Region
Type: Condominium
Tenure: 99-year lease from 2014, about 87 years left
Completed: 2018, about 8 years old

What the prices say

The median home in Principal Garden sold for S$1,700,000: the middle of 25 sales in the 12 months to August 2026.

That is about the same as the middle condo project in District 3 (Alexandra / Commonwealth) (S$2,167 psf, across 32 projects), within 2%. By price per square foot it ranks 13th of the 22 projects in the district that have a price to show, where 1st is the highest.

Year by year, the median was S$1,932 psf in 2021 (49 sales) and S$2,230 psf in 2026 so far (13 sales), up about 15%. The highest year in the record was 2025 at S$2,163 psf.

Higher floors sold for more here: floor 21 and above at S$2,214 psf against S$2,054 psf on floors 1 to 5, about 8% more per square foot (24 months).

By unit size (24 months): under 600 sq ft at S$1,946 psf, 600 to 899 sq ft at S$2,219 psf and 900 to 1,199 sq ft at S$2,555 psf. Larger homes cost more per square foot than smaller ones.

Against similar projects in the district

This project and the three others in District 3 (Alexandra / Commonwealth) whose median over the last 12 months is closest to Principal Garden's S$2,143 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.

Their middle figure is S$2,190 psf, about the same as Principal Garden (within 3%).

Projects in District 3 (Alexandra / Commonwealth) closest in price to Principal Garden, 12 months to August 2026
Project	Median price per sq ft	Sales
Principal Garden	S$2,143 psf	25
Avenue South Residence	S$2,190 psf	57
Domain 21	S$2,077 psf	6
Echelon	S$2,215 psf	28

What sells here

25 homes sold in the last 12 months, down from 54 in the 12 months before.

The most common size was 600 to 899 sq ft, with 40 of the 79 sales in the last 24 months, close to half.

None of the 79 sales in the last 24 months were first sales of new units: all 79 were resales.

The first new sale in our records was in October 2015.

Rents and yield

Rental contracts that began in the 12 months to August 2026 had a median rent of S$4,500 a month (197 contracts). The district's median across every contract was S$4,700, so rents here ran a little below it: about 4% lower.

Over the 24 months the median rent was S$4,300 (371 contracts). The latest 12 months ran a little above that: about 5% higher. The two periods overlap, so this shows direction and not a clean year-on-year change.

By bedrooms: 1 bedroom S$3,350 (72), 2 bedrooms S$4,800 (108), 3 bedrooms S$7,200 (12) and 4 or more bedrooms S$9,666 (5). The figure in brackets is the number of contracts.

Setting rent against price for 600 to 899 sq ft homes (108 rentals and 12 resale or sub-sale transactions) gives a gross yield estimate of 3.1%: a median rent of S$4,800 a month against a median price of S$1,827,500. It is before maintenance, vacancy, tax and loan costs, and it uses middle values, so a particular home can differ.

Across 2 size ranges the estimate runs from 3.1% to 4.2%.

Under 600 sq ft: 4.2% (rent S$3,350 a month, price S$957,500).

Age and lease

12 other projects in District 3 (Alexandra / Commonwealth) were completed within 5 years of Principal Garden and have a price. Their middle price was S$2,274 psf, so Principal Garden sold a little below projects of a similar age: about 6% lower.

The title is a leasehold, so the years remaining shrink each year. The leases and tenure entry in the glossary explains what that means for a buyer.

Leases and tenure in the glossary

What this page cannot tell you

A median is the middle of many different homes in Principal Garden. It does not describe one unit: its condition, facing, view, renovation, floor or stack can each move a price well away from the middle, and none of them is in the records behind this page.

The figures are recorded transactions, so they describe what has sold and not what is on the market now. They are not a valuation, and they say nothing about future prices.

Questions this page answers

What is the median price per square foot in Principal Garden?

S$2,143 psf in the 12 months to August 2026, from 25 sales. For the median home that is S$1,700,000.

How many homes sold in Principal Garden?

25 in the last 12 months and 79 in the last 24 months, across all sale types.

What do homes in Principal Garden rent for?

The median rent for contracts that began in the 12 months to August 2026 was S$4,500 a month, from 197 contracts.

What is the rental yield in Principal Garden?

Between 3.1% and 4.2% gross, depending on unit size. It is an estimate before costs, made from the median recorded rent and the median resale or sub-sale price for each size range.

How much lease is left in Principal Garden?

It is a 99-year lease from 2014, which leaves about 87 years at 2026.

Figures from URA data, 12 months to August 2026. Rents to August 2026. General information, not financial advice.

The figures

Sale prices

Resale and new-sale prices for Principal Garden
Period	Median price per sq ft	Median price	Sales
Last 12 months	S$2,143 psf	S$1,700,000	25
Last 24 months	S$2,163 psf	S$1,710,000	79
Last 5 years	S$2,039 psf	S$1,602,500	212

Source: URA data. Data as of August 2026.

Price by year

Median price per sq ft by year for Principal Garden
Year	Median price per sq ft	Sales
2021	S$1,932 psf	49
2022	S$1,961 psf	48
2023	S$2,051 psf	38
2024	S$2,156 psf	42
2025	S$2,163 psf	49
2026 (to August)	S$2,230 psf	13

Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.

Price by floor range

Median price per sq ft by floor range for Principal Garden, last 24 months
Floor range	Median price per sq ft	Sales
Floors 1 to 5	S$2,054 psf	13
Floors 6 to 10	S$2,206 psf	17
Floors 11 to 15	S$2,125 psf	18
Floors 16 to 20	S$2,357 psf	18
Floor 21 and above	S$2,214 psf	13

Price by unit size

Median price per sq ft by unit size for Principal Garden, last 24 months
Size	Median price per sq ft	Sales
Under 600 sq ft	S$1,946 psf	26
600 to 899 sq ft	S$2,219 psf	40
900 to 1,199 sq ft	S$2,555 psf	7

The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.

Rent against price for Principal Garden, by size

Rents

Rents for Principal Garden
Period	Median rent	Contracts
Last 12 months	S$4,500 a month	197
Last 24 months	S$4,300 a month	371

Rents for Principal Garden by bedrooms
Bedrooms	Median rent, 12 months	Contracts	Median rent, 24 months
1 bedroom	S$3,350 a month	72	S$3,300 a month
2 bedrooms	S$4,800 a month	108	S$4,700 a month
3 bedrooms	S$7,200 a month	12	S$7,100 a month
4 or more bedrooms	S$9,666 a month	5	S$9,500 a month

Source: URA data, rental contracts. Rents are the median of the contracts that began in the period. Data as of August 2026.

Where to look next

What could a unit here sell for?

Condo Atlas can give an indicative value for a unit in Principal Garden, with a likely range and the recent sales behind it. Sign in is free.

Open Principal Garden in Condo Atlas

Other condos in District 3 (Alexandra / Commonwealth)

About the data

Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.