Principal Garden

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the Report Options above
  See All 5 Photos

Sale Price *

Average
S$ 1,921 psf
Range
S$ 1,755 - 2,106 psf

Rental Price **

Average
S$ 5.6 psf pm
Range
S$ 3.5 - 7.9 psf pm

Rental Yield **

3.5%

Rental income expressed as a percentage of the property's value.

Amenities

2.9
2.9

Convenience

3.7
3.7

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
11 Facilities Available
Basketball court
Basketball court
Basement car park
Basement car park
Drop Off Point
Drop Off Point
Lap pool
Lap pool
Lift lobby
Lift lobby
Lounge
Lounge
Main entrance
Main entrance
Pavillion
Pavillion
24 hours security
24 hours security
Swimming pool
Swimming pool
Tennis courts
Tennis courts
Description
Principal Garden is a leasehold (99 yrs from 2014) condominium completed in 2018. It is developed by SECURE VENTURE DEVELOPMENT (ALEXANDRA) PTE LTD. The development occupies a land area of 25,088 sqm and a Gross Floor Area of 52,684 sqm. It consists of 663 units. According to records, buyers of this development are Singaporean 72.4%, PR 17.8%, Foreigner 9.6%, Company 0.1%.

PRINCIPAL GARDEN is located along Prince Charles Crescent in Bukit Merah, in District 3. It is accessible through the nearest MRTs including Redhill EW18 and Tiong Bahru EW17. The nearest schools are ALEXANDRA PRIMARY SCHOOL and GAN ENG SENG SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,755 psf to S$ 2,106 psf at an average of S$ 1,921 psf. Its highest recorded transaction was S$ 2,106 psf in Feb 2022 for a 807-sqft unit. Its lowest recorded transaction was S$ 1,474 psf in Aug 2016 for a 1,195-sqft unit. Its current rental yield is at 3.5%.

Other nearby amenities include: 3 Childcare Centre(s): PAT'S SCHOOLHOUSE PTE. LTD., MY FIRST SKOOL, MY FIRST SKOOL, and 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, LITTLE FARMS PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Kindergarten(s): JHS Montessori Kindergarten, Grace House @ Tanglin, CS Montessori Kindergarten @ Tiong Bahru, and 2 Shopping Mall(s): VALLEY POINT SHOPPING CENTRE, TIONG BAHRU PLAZA.

Buyers and tenants are attracted to District 3, which is comprised of Tiong Bahru, Alexandra and Queenstown. This district is located at the city fringe in the Central Region of Singapore and contains a good mix of public and private houses. District 3 is currently served by the East-West Line at Tiong Bahru MRT Station, Redhill MRT Station and Queenstown MRT Station. It takes approximately 10 minutes or less to commute from these stations to the Central Business District at Raffles Place MRT Station. Tiong Bahru is famous for its local food fare at the renowned Tiong Bahru Market & Food Centre. District 3 also houses an eclectic mix of specialty shops and heartland malls such as the Queensway Shopping mall and Tiong Bahru Plaza. On top of that, the world’s largest home furnishing retailer, IKEA, is situated at Alexandra road in Queenstown.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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2
"From the exterior this condo looks like something you could make from lego. Together with its neighbour the Crest they have spoilt the skyline along the 'river'. I guess that's part of life living in Singapore... It's a fantastic location but it really looks like a budget build."
M*** B
Google Review     |   06 Jul 2022
5
"Located at a relatively quiet part of near town area, connected to the waterway which allows for a nice jog / stroll. Wide open common area, plenty of water pools and water fixtures. Hidden nooks and crannies to make your self secluded for quiet time"
T****** T**
Google Review     |   16 Apr 2022
5
"Long main swimming pool is wonderful. Water condition is very good. Water everywhere. Waterland. A pretty good Gym is here."
G* L
Google Review     |   24 Feb 2022
5
"Nice views"
S****** V****
Google Review     |   14 Feb 2022
5
"Well kept. Very nice pool and garden layout on the ground level. Plenty of parking spaces all in one level."
E*** L**
Google Review     |   26 May 2021
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Floor Plans
93
2
2

PRINCIPAL GARDEN - 93 - 2 - 2

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data
Unit Mix
Bedroom Type
1BR
Area
484 - 506 sqft
No. of Units
182
Bedroom Type
2BR
Area
764 - 861 sqft
No. of Units
346
Bedroom Type
3BR
Area
1076 - 1238 sqft
No. of Units
88
Bedroom Type
4BR
Area
1572 - 2002 sqft
No. of Units
41
Bedroom Type
5BR
Area
2347 - 2347 sqft
No. of Units
6

Sales Transaction of PRINCIPAL GARDEN (Limited to 10)

Unit Search
#
There are 196 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Area(sqft)
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of PRINCIPAL GARDEN
There are 691 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
400 to 500
3,007
23
896,500
10
4.0
700 to 800
4,242
26
1,512,500
4
3.4
800 to 900
4,273
19
1,688,500
5
3.0
1000 to 1100
8,250
1
-
-
-
1100 to 1200
5,600
1
2,300,000
1
2.9
1500 to 1600
7,900
3
3,215,000
2
2.9
Historical Quarterly Rental
Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
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Nearby Land Sales

No Data

Listings

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thumb-images
11
$999,000

    • 1 bed
    • 1 bath
    • Condominium
    • D3
    • 2018
    • 99 years
    • S$ 2,020 psf
    • 95 Prince Charles Crescent
    Donny Lee
    send_enquiry
    thumb-images
    11
    $988,000

      • 1 bed
      • 1 bath
      • Condominium
      • D3
      • 2018
      • 99 years
      • S$ 2,000 psf
      • 95 Prince Charles Crescent
      Priscilla Ong
      send_enquiry
      thumb-images
      11
      $2,670,000

        • 3 beds
        • 3 baths
        • Condominium
        • D3
        • 2018
        • 99 years
        • S$ 2,120 psf
        • 91 Prince Charles Crescent
        Pamela Tan
        send_enquiry
        thumb-images
        11
        View to Offer

          • 2 beds
          • 2 baths
          • D3
          • 2018
          • 99 years
          • S$ 2,040 psf
          • 99 Prince Charles Crescent
          alex lee Lee
          send_enquiry
          thumb-images
          11
          View to Offer

            • 2 beds
            • 2 baths
            • D3
            • 2018
            • 99 years
            • S$ 1,950 psf
            • 99 Prince Charles Crescent
            Jess Low
            send_enquiry
            thumb-images
            11
            View to Offer

              • 2 beds
              • 2 baths
              • D3
              • 2018
              • 99 years
              • S$ 2,160 psf
              • 91 Prince Charles Crescent
              Celeste Loh
              send_enquiry
              thumb-images
              11
              View to Offer

                • 1 bed
                • 1 bath
                • D3
                • 2018
                • 99 years
                • S$ 2,020 psf
                • 93 Prince Charles Crescent
                Paul Tan
                send_enquiry
                thumb-images
                4
                $970,000

                  • 1 bed
                  • 1 bath
                  • D3
                  • 2018
                  • 99 years
                  • S$ 1,960 psf
                  • 93 Prince Charles Crescent
                  Zhang Jinwei (Zavier)
                  send_enquiry
                  thumb-images
                  11
                  $970,000

                    • 1 bed
                    • 1 bath
                    • D3
                    • 2018
                    • 99 years
                    • S$ 2,000 psf
                    • 97 Prince Charles Crescent
                    CS Tee
                    send_enquiry
                    thumb-images
                    11
                    View to Offer

                      • 3 beds
                      • 3 baths
                      • D3
                      • 2018
                      • 99 years
                      • S$ 2,300 psf
                      • 97 Prince Charles Crescent
                      Josephine Goh
                      send_enquiry

                      View More
                      Property News

                      UOL Group’s projects see good sales despite Covid-19

                      Property News

                      UOL Group unveils next-gen homes at Clavon

                      Property News

                      Lush gardens at Principal Garden win Landscape Excellence Award

                      Property News

                      [EdgeProp Singapore Excellence Awards 2019] Driving Excellence

                      Property News

                      Gardens by the waterway at Principal Garden

                      FAQs about PRINCIPAL GARDEN