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Principal Garden

D3RCRCentralBukit Merah
REALSCOREⓘ
Profitability rank across Singapore
3.6
User Score
User ratings for this property
N.A.
Annual Returns
Avg annualized profit (past 1y)
3.0%

Principal Garden offers a tranquil, well-maintained sanctuary in District 3, where residents enjoy spacious layouts and generous, lushly landscaped grounds 🌿.
Good to know: This 663-unit development is tucked away along the scenic Alexandra Park Connector 🌳; Families will appreciate being within 1km of Alexandra Primary School 🏫.
Practical note: While the project feels like a quiet retreat, you will want to factor in a 10-minute walk to reach Redhill MRT station for your daily commute 🚆.

< 1km
MRT Station
< 10y
Property Age
Near
$1M+ HDB
Mega
Development
> 1K
MOPs in Town
100%
Profitable
Top 20
Schools
50+
Deals Past Yr

Project Facts

Street
Prince Charles Crescent
Developer
Secure Venture Development (Alexandra) Pte Ltd
Property Type
Condominium
Completion
2018
Total Units
663
Plot Ratio
2.1
Unit Size
484 - 2,347 sqft
Tenure
99 yrs from 21/07/2014
Lease Remaining
87 yrs
Postal Sector
15

GLS Site

Land Use
Residential (Non-Landed)
Development Type
Residential
Site Area
24964.30
Plot Ratio
2.10
Permissible GFA
52426.00
GLS Launch
28-02-2014
Tender Closed
16-04-2014
Awarded
21-04-2014
Awarded To
UOL Venture Investments Pte. Ltd. and Kheng Leong Company (Private) Limited
Bids
7
Winning Tender
463100000.00
Land Rate (GFA)
8833.40
Land Rate (ppr)
820.65
Max GFA (Est.)
52426.00
Estimated Units
655

Nearby Stations

  • Redhill545 m · MRTEW18
  • Tiong Bahru828 m · MRTEW17
See details on nearby stations

Nearby Primary Schools

  • Alexandra Primary School184 m
  • Zhangde Primary School968 m
  • Gan Eng Seng Primary School988 m
See details on nearby schools

Transaction

56%
Sold At Launch
37%
HDB Buyers
$1.3B+
Total Transacted
30-10-2015
First Transacted
24-06-2026
Last Transacted
918
Total Transactions

Transaction Volume

Transaction Volume0153045602019 · Sub Sale: 32019 · Resale: 120192020 · Resale: 1420202021 · Resale: 4920212022 · Resale: 4820222023 · Resale: 3820232024 · Resale: 4220242025 · Resale: 4920252026 · Resale: 102026
New SaleSub SaleResale
99.6%
% Profitable
254
Profitable
1
Unprofitable
3
> 6% Annualized
6.2 yrs
Avg Holding
$82.0M
Total Profits

Annualized Profit %

Annualized Profit %0.0%1.0%2.0%3.0%4.0%2019 · Average Annualized Profit: 3.0%20192020 · Average Annualized Profit: 3.5%20202021 · Average Annualized Profit: 3.0%20212022 · Average Annualized Profit: 3.0%20222023 · Average Annualized Profit: 3.1%20232024 · Average Annualized Profit: 3.5%20242025 · Average Annualized Profit: 2.9%20252026 · Average Annualized Profit: 3.0%2026
View full details

Rental

Past 1 month
$6.56
Avg PSF Rental
87
No. of Rentals
3.6%
Est. Rental Yield

Rental Volume

Rental Volume01002003002019 · Rentals: 25220192020 · Rentals: 13020202021 · Rentals: 23620212022 · Rentals: 17220222023 · Rentals: 18520232024 · Rentals: 16020242025 · Rentals: 19220252026 · Rentals: 752026
View full details
Unit Distribution
TypeUnits%Size
1 BR18227.45%484 - 506 sqft
2 BR30445.85%764 - 807 sqft
2 BR Dual Key426.34%861 sqft
3 BR466.94%1,076 sqft
3 BR Dual Key233.47%1,195 sqft
3 BR Deluxe + Private Lift192.87%1,238 sqft
4 BR Deluxe + Private Lift385.73%1,572 sqft
4 BR + Study + Private Lift (Principal Collection)30.45%2,002 sqft
5 BR + Study + Private Lift (Principal Collection)60.90%2,347 sqft
Profitability by Block
BlockPostal CodeProfitable %Annualized Profit %
93159026100.0%3.2%
97159028100.0%3.3%
99159029100.0%3.2%
9515902798.2%2.6%
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