D03 Queenstown

PRINCIPAL GARDEN

Q: What is the average price of PRINCIPAL GARDEN?

The median transaction price at PRINCIPAL GARDEN is S$1,585,000, based on 219 URA-recorded transactions. Prices range from S$850K to S$4.0M.

Q: Does floor level affect prices at PRINCIPAL GARDEN?

Yes. High-floor units (16-20) sell for a median of S$1,667,500, while low-floor units (01-05) sell for S$1,530,000. That is a 9% premium for higher floors.

Q: What is the rental rate at PRINCIPAL GARDEN?

The average rental rate at PRINCIPAL GARDEN is approximately S$6.54 per square foot per month, based on URA median rental data.

PRINCE CHARLES CRESCENT · District 03 · 99 yrs lease commencing from 2014

Median Price

S$1.6M

219 transactions

Price Range

S$850K - S$4.0M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$6.54 psf

per month

PRINCIPAL GARDEN Price Analysis

PRINCIPAL GARDEN is a leasehold development on PRINCE CHARLES CRESCENT in District 03 (Queenstown). According to URA transaction records, 219 private residential transactions have been recorded at this development, with a median price of S$1,585,000. Prices range from S$850K for the smallest units to S$4.0M for premium configurations.

The development offers units across 5 size categories. The most traded segment is studio (<50 sqm) at a median of S$942,500. Larger units (5+ bed (170+ sqm)) trade at S$3,988,888, reflecting the premium for additional space.

Floor level significantly impacts pricing at PRINCIPAL GARDEN. High-floor units (16-20) command a median of S$1,667,500, while low-floor units (01-05) sell for S$1,530,000. That is a 9% premium for higher floors, worth S$138K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, PRINCIPAL GARDEN commands an average of S$6.54 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 4.3%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

16-20

S$1.7M

44 txns

21-25

S$1.6M

44 txns

11-15

S$1.6M

51 txns

06-10

S$1.5M

47 txns

01-05

S$1.5M

33 txns

Price by Unit Size

Size Band	Median Price	Avg Size	Transactions
Studio (<50 sqm)	S$943K	46 sqm	80
2-Bed (70-100 sqm)	S$1.7M	74 sqm	104
3-Bed (100-130 sqm)	S$2.7M	108 sqm	24
4-Bed (130-170 sqm)	S$3.8M	146 sqm	10
5+ Bed (170+ sqm)	S$4.0M	186 sqm	1

FAQ

What is the average price of PRINCIPAL GARDEN?

The median transaction price at PRINCIPAL GARDEN is S$1,585,000, based on 219 URA-recorded transactions. Prices range from S$850K to S$4.0M.

Does floor level affect prices at PRINCIPAL GARDEN?

Yes. High-floor units (16-20) sell for a median of S$1,667,500, while low-floor units (01-05) sell for S$1,530,000. That is a 9% premium for higher floors.

What is the rental rate at PRINCIPAL GARDEN?

The average rental rate at PRINCIPAL GARDEN is approximately S$6.54 per square foot per month, based on URA median rental data.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.