Principal Garden

Condominium · in Bukit Merah, District 3, Singapore · 99 yrs from 21/07/2014 · Completed 2018

Data through 21 September 2026

Principal Garden property photo and location

Intro: 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 🚆.

D3RCRCentralBukit Merah

REALSCOREⓘ

Profitability rank across Singapore

3.6

Annual Returns

Avg annualized profit (past 1y)

2.9%

< 1km

MRT Station

< 10y

Property Age

Near

$1M+ HDB

Mega

Development

> 1K

MOPs in Town

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

Principal Garden project details

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

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

Winning Tender

463100000.00

Land Rate (GFA)

8833.40

Land Rate (ppr)

820.65

Max GFA (Est.)

52426.00

Estimated Units

655

MRT and LRT stations near Principal Garden

Redhill545 m MRTEW18
Tiong Bahru828 m MRTEW17

See details on nearby stations

Primary schools near Principal Garden

Alexandra Primary School184 m
Zhangde Primary School968 m
Gan Eng Seng Primary School988 m

See details on nearby schools

Principal Garden price, PSF and transaction trends

56%

Sold At Launch

37%

HDB Buyers

$1.3B+

Total Transacted

30-10-2015

First Transacted

21-09-2026

Last Transacted

924

Total Transactions

Principal Garden transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Principal Garden, the median price was S$1,745,000 and the median PSF was S$2,158 psf. The newest record shown is from 21 September 2026. The annual project median was 16.2% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent Principal Garden transactions

Date	Sale type	Price	PSF	Size
21 September 2026	Resale	S$960,000	S$1,982 psf	484 sqft
7 September 2026	Resale	S$945,000	S$1,951 psf	484 sqft
21 August 2026	Resale	S$1,988,000	S$2,463 psf	807 sqft
20 August 2026	Resale	S$975,000	S$1,927 psf	506 sqft
4 August 2026	Resale	S$1,720,000	S$2,251 psf	764 sqft

Principal Garden median transaction PSF (S$)

Principal Garden annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$1,785,000	S$2,192 psf	16
2025	S$1,700,000	S$2,163 psf	49
2024	S$1,705,000	S$2,156 psf	42
2023	S$1,580,000	S$2,050 psf	38
2022	S$1,495,000	S$1,960 psf	48
2021	S$1,550,000	S$1,932 psf	49
2020	S$1,545,000	S$1,906 psf	14
2019	S$1,472,500	S$1,886 psf	4

99.6%

% Profitable

260

Profitable

Unprofitable

> 6% Annualized

6.2 yrs

Avg Holding

$83.6M

Total Profits

Principal Garden annualized profit %

View full details

Principal Garden rental prices and estimated yield

Past 1 month

$6.70

Avg PSF Rental

107

No. of Rentals

3.7%

Est. Rental Yield

Among the latest 12 recorded rental contracts for Principal Garden, the median monthly rent was S$3,550, with records ranging from S$3,200 to S$11,000.

Recent Principal Garden rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 August 2026	4 BR	S$11,000	S$7 psf	1500-1600
1 August 2026	1 BR	S$3,200	S$7 psf	400-500
1 August 2026	4 BR	S$10,500	S$7 psf	1500-1600
1 August 2026	1 BR	S$3,300	S$7 psf	400-500
1 August 2026	1 BR	S$3,500	S$8 psf	400-500

Principal Garden rental volume

View full details

Frequently asked questions about Principal Garden

How much do units at Principal Garden cost?

The latest 12 recorded sales show a median price of S$1,745,000 and a median of S$2,158 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Principal Garden?

The latest recorded median monthly rent is S$3,550 and the estimated rental yield based on the past six months is 3.7%. Rental yield is indicative and can vary by unit and costs.

Is Principal Garden freehold or leasehold?

Principal Garden has a tenure of 99 yrs from 21/07/2014.

When was Principal Garden completed and who developed it?

Principal Garden was completed in 2018, the developer is Secure Venture Development (Alexandra) Pte Ltd, and the project has 663 units.

Which MRT or LRT station is nearest to Principal Garden?

Redhill is the nearest station shown, at an estimated straight-line distance of 545 metres.

Which primary schools are near Principal Garden?

The primary schools shown within the page’s one-kilometre search are Alexandra Primary School (184 m), Zhangde Primary School (968 m), and Gan Eng Seng Primary School (988 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 21 September 2026. Figures are indicative and do not constitute financial advice.