Skip to main content

Singapore Property News, Insights and Analysis

Completed 2018

Principal Garden

D03 · Alexandra / Commonwealth · Prince Charles Cres

A 663-unit condo in D03, completed in 2018, on a 99-year lease from 2014 with about 86 years left. Developed by SECURE VENTURE DEVELOPMENT (ALEXANDRA) PTE LTD.

Source: Condo master (URA caveats); URA transactions, Nov 2026

86 yrs
Lease left
$2,207
Avg $psf, 12 months
23
Sales, 12 months
2018
Completed
Principal Garden

What brings you to Principal Garden?

Buying here? Get a second opinion. 2-bedders here sold for $1.608M to $1.988M over the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

Stacked works with licensed property agents.

Get a second opinion
02 — Prices

Principal Garden prices

Last 12 months
23
Sales
$2,207
Average $psf
$1,920 – $2,699
$psf range
$930k – $2.91M
Price range
By bedroom type
Last 12 months
TypeSalesAvg $psfPrice rangeSize
1-Bedroom7 sales$1,953 psf$930k – $980k484–506 sq ft
2-Bedroom13 sales$2,247 psf$1.61M – $1.99M764–861 sq ft
3-Bedroom3 sales$2,624 psf$2.77M – $2.91M1,076 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

By unit size
Last 12 months
SizeSalesAvg $psfAvg pricePrice range
Under 500 sq ft8 sales$1,959 psfAvg $954k$930k – $980k
500–699 sq ft1 sale$1,927 psf$975k
700–899 sq ft13 sales$2,247 psfAvg $1.8M$1.61M – $1.99M
900–1,099 sq ft3 sales$2,624 psfAvg $2.82M$2.77M – $2.91M
1,300–1,599 sq ft1 sale$2,520 psf$3.96M
Average $psf by year
In 2025, sales here averaged $2,157 psf, 20% below the D03 average of $2,713 psf for private homes (condos, apartments and ECs).
This condoD03 average
Show as a table
YearThis condoD03 average
2026$2,232$2,389
2025$2,157$2,713
2024$2,167$2,201
2023$2,066$2,259
2022$1,969$2,292
2021$1,914$2,042
2020$1,904$2,004
2019$1,896$1,962
2018$1,822$1,759
2017$1,703$1,686
2016$1,621$1,610
2015$1,628$1,569
Sales by year
927 sales since 2015; the busiest year was 2017 with 317. The 2026 bar covers Jan–Nov.
New saleSub saleResale
Show as a table
YearNew saleSub saleResaleTotal
2026002020
2025004949
2024004141
2023003838
2022004848
2021004949
2020001414
20190314
20181102
201731700317
201618500185
201516000160
Sales in the last two years
77 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
23 Oct 2026#23-XX807 sq ft · 2-Bedroom$1.9M$2,354 psfResale
21 Oct 2026#06-XX797 sq ft · 2-Bedroom$1.8M$2,255 psfResale
12 Oct 2026#12-XX1,076 sq ft · 3-Bedroom$2.77M$2,572 psfResale
7 Oct 2026#09-XX786 sq ft · 2-Bedroom$1.75M$2,227 psfResale
21 Sep 2026#21-XX484 sq ft · 1-Bedroom$960k$1,982 psfResale
7 Sep 2026#19-XX484 sq ft · 1-Bedroom$945k$1,951 psfResale
21 Aug 2026#20-XX807 sq ft · 2-Bedroom$1.99M$2,463 psfResale
20 Aug 2026#12-XX506 sq ft · 1-Bedroom$975k$1,927 psfResale
4 Aug 2026#22-XX764 sq ft · 2-Bedroom$1.72M$2,251 psfResale
26 Jun 2026#08-XX807 sq ft · 2-Bedroom$1.77M$2,192 psfResale
Show all 77 sales
Compared with nearby condos
Compared with D03 and the five nearest similar condos · average $psf and price, all unit sizes

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

Principal Garden rent

Leases starting Sep 2025–Aug 2026
198
Leases
$4,500
Median rent a month
$1.68M
Avg sale price, 12 months
3.2%
Est. gross yield

D03 median rent: $4,700 a month; est. gross yield 2.6%.

By bedroom type
TypeLeasesMedian rentMiddle halfD03 medianEst. yield
1-Bedroom73 leases$3,350 median$3,300 – $3,500D03 $3,6504.2% yield
2-Bedroom108 leases$4,800 median$4,500 – $5,000D03 $4,7503.2% yield
3-Bedroom12 leases$7,200 median$7,100 – $7,500D03 $6,5003.1% yield
4-Bedroom5 leases$9,666 median$9,150 – $10,750D03 $8,500– yield
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Lease
86years left of 99
2014Ends 2113

99-year lease from 21 Jul 2014. About 86 years remain as of Nov 2026.

Source: Condo master (URA caveats)

05 — Unit mix

Principal Garden floor plans by bedroom type

16 layouts, from a 484 sq ft 1-bedroom to a 2,347 sq ft 5-bedroom. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

06 — Location

Near Principal Garden

MRT stations
EW Redhill 1.0 km · 12 min walk
EW Tiong Bahru 1.1 km · 14 min walk
TE Great World 1.8 km · 21 min walk
TE Orchard Boulevard 2.4 km · 28 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
Alexandra Primary School 270 m · 9 min walk
Within 2 km
Zhangde Primary School 1.0 km · 19 min walk
Gan Eng Seng Primary School 1.1 km · 20 min walk
River Valley Primary School 1.5 km · 28 min walk
Queenstown Primary School 1.7 km · 21 min walk
Radin Mas Primary SchoolPopular 2.0 km · 30 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Tiong Bahru Park 530 m · 6 min
Clinic Dr Gary's Family Clinic 750 m · 9 min
Supermarket FairPrice 780 m · 9 min
Hawker centre Redhill Market 1.2 km · 14 min
Map of the area around Principal Garden, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

07 — Nearby

Condos and supply around Principal Garden

Upcoming supply
Zion Road (Parcel B)1.2 km · about 578 units · 0.93 ha Awarded · $14,040 psm GFA · Aug 2024
Zion Road (Parcel A)1.2 km · about 951 units · 1.53 ha Awarded · $12,937 psm GFA · Apr 2024
River Valley Green (Parcel C)1.5 km · about 447 units · 1.15 ha Awarded · $18,622 psm GFA · Jun 2026
River Valley Green (Parcel B)1.5 km · about 456 units · 1.17 ha Awarded · $15,285 psm GFA · Feb 2025

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

08 — From Stacked

Read more about Principal Garden

51 more articles mention Principal Garden.

Source: Stacked Homes editorial

09 — FAQ

Questions about Principal Garden

How many years are left on the lease at Principal Garden?

About 86 years. It is a 99-year lease from 2014.

When was Principal Garden completed?

2018.

How many units does Principal Garden have?

663 units, up to 24 storeys.

What sizes are the 1-bedroom units?

484 to 506 sq ft across three layouts.

What is the price psf at Principal Garden?

23 sales in the last 12 months averaged $2,207 psf, ranging from $1,920 to $2,699 psf.

What did the latest sale go for?

A 807 sq ft unit sold for $1.9M ($2,354 psf) on 23 Oct 2026.

How much is the rent at Principal Garden?

Leases starting Sep 2025–Aug 2026 had a median rent of $4,500 a month ($3,350 for a 1-bedroom, $4,800 for a 2-bedroom and $7,200 for a 3-bedroom). That is an estimated gross yield of about 3.2%, before costs.

What is the nearest MRT station?

Redhill (EW), a 12-minute walk (1.0 km). Tiong Bahru (EW) is 1.1 km away.

Which primary schools are within 1 km?

Alexandra Primary School, 270 m away.

Who developed Principal Garden?

SECURE VENTURE DEVELOPMENT (ALEXANDRA) PTE LTD.

Answers generated from the data on this page, Nov 2026