Principal Garden

Overview

Unit Info

Sales

Rental

Surrounding

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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
  5
 2
 0

Sale Price *

Average
S$ 2,050 psf
Range
S$ 1,858 - 2,304 psf

Rental Price **

Average
S$ 7.3 psf pm
Range
S$ 4.0 - 11.6 psf pm

Rental Yield **

4.2%

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

Amenities

2.6
2.6

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
0 Facilities Available
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 71.9%, PR 18.9%, Foreigner 9.0%, 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.

Based on transaction data in the last 12 months, sale prices range from S$ 1,858 psf to S$ 2,304 psf at an average of S$ 2,050 psf. Its highest recorded transaction was S$ 2,304 psf in Jan 2024 for a 797-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 4.2%. Other nearby amenities include: 3 Grocerie(s): LITTLE FARMS PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, 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     |   13 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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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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Eat & ShopEat & Shop
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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.
Unit Mix

Sales Transaction of PRINCIPAL GARDEN (Limited to 10)

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

Asking Price of PRINCIPAL GARDEN

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

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
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0 asking price for sale selected

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

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 (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
10
$1,950,000

    • 2 beds
    • 2 baths
    • Condominium
    • D3
    • 2018
    • 99 years
    • S$ 2,550 psf
    • Prince Charles Crescent
    Carrie Chin
    send_enquiry
    thumb-images
    10
    $1,680,000

      • 2 beds
      • 2 baths
      • Condominium
      • D3
      • 2018
      • 99 years
      • S$ 2,140 psf
      • Prince Charles Crescent
      Cindy Tay
      send_enquiry
      thumb-images
      10
      $1,700,000

        • 2 beds
        • 2 baths
        • Condominium
        • D3
        • 2018
        • 99 years
        • S$ 2,160 psf
        • Prince Charles Crescent
        Joanna Yong
        send_enquiry
        thumb-images
        10
        $1,000,000

          • 1 bed
          • 1 bath
          • Condominium
          • D3
          • 2018
          • 99 years
          • S$ 2,070 psf
          • Prince Charles Crescent
          Alan Yap
          send_enquiry
          thumb-images
          10
          $970,000

            • 1 bed
            • 1 bath
            • Condominium
            • D3
            • 2018
            • 99 years
            • S$ 1,960 psf
            • Prince Charles Crescent
            Grace Cheong
            send_enquiry
            thumb-images
            10
            $1,950,000

              • 2 beds
              • 2 baths
              • Condominium
              • D3
              • 2018
              • 99 years
              • S$ 2,420 psf
              • Prince Charles Crescent
              Yongmeng Khiew
              send_enquiry
              thumb-images
              10
              $1,850,000

                • 2 beds
                • 2 baths
                • Condominium
                • D3
                • 2018
                • 99 years
                • S$ 2,290 psf
                • Prince Charles Crescent
                Esther Wang
                send_enquiry
                thumb-images
                10
                $1,888,888

                  • 2 beds
                  • 2 baths
                  • Condominium
                  • D3
                  • 2018
                  • 99 years
                  • S$ 2,340 psf
                  • Prince Charles Crescent
                  Jason Chen
                  send_enquiry
                  thumb-images
                  10
                  $1,850,000

                    • 2 beds
                    • 2 baths
                    • Condominium
                    • D3
                    • 2018
                    • 99 years
                    • S$ 2,420 psf
                    • Prince Charles Crescent
                    Megan Tan
                    send_enquiry
                    thumb-images
                    10
                    $2,730,000

                      • 3 beds
                      • 3 baths
                      • Condominium
                      • D3
                      • 2018
                      • 99 years
                      • S$ 2,540 psf
                      • Prince Charles Crescent
                      Joe Quek
                      send_enquiry

                      View More
                      Property News

                      Principal Garden reaches new high of $2,283 psf

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                      Property News

                      Lush gardens at Principal Garden win Landscape Excellence Award

                      FAQs about PRINCIPAL GARDEN

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