Principal Garden
Principal Garden is a 99-year condominium in District 3 (Bukit Merah) that obtained TOP in 2018, with 663 units across 5 blocks. Across 921 transactions on record, units have recently transacted around S$1.77M (S$2,192 psf, ~807 sqft). There are 63 units for sale from S$945k to S$2.98M. The lease has approximately 87 years remaining.
| Tenure | 99-year leasehold from 2014 (≈87 years left) |
|---|---|
| TOP year | 2018 |
| Developer | SECURE VENTURE DEVELOPMENT (ALEXANDRA) PTE LTD |
| Units | 663 in 5 blocks |
| District and area | District 3 · Bukit Merah · RCR |
| Nearest MRT | Redhill MRT, 638 m (~10 min walk) |
| Latest median psf | S$2,192 psf, last 12 URA caveats to Aug 2026 |
What's for sale and for rent at Principal Garden?
Principal Garden has 63 units listed for sale, asking S$945k to S$2.98M (median S$2,354 psf), and 35 units for rent at a median of S$4,600 a month.
For sale
63 listings
S$945k – S$2.98M
For rent
35 listings
S$3,000 – S$10,000 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 1-bedroom | 22 | S$945k–S$1.10M | S$1,980 psf |
| 2-bedroom | 40 | S$1.72M–S$2.07M | S$2,403 psf |
| 3-bedroom | 1 | S$2.98M–S$2.98M | — |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Principal Garden?
Floor plans for Principal Garden aren't in PropKaki's library yet. Across 921 URA caveats, units range from 484 sqft to 2,347 sqft, and the middle half are 495 sqft to 861 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 1-bedroom | 484 sqft to 495 sqft | S$945k · S$1,980 psf |
| 2-bedroom | 764 sqft to 861 sqft | S$1.72M · S$2,403 psf |
| 3-bedroom | 1,076 sqft | S$2.98M |
Check the Floor Plan Finder for Principal Garden →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at Principal Garden?
Units have recently transacted around S$1.77M (S$2,192 psf), at a gross rental yield of about 2.7% (URA caveat data).
Recent median price
S$1.77M
recent · 921 sales on record
Median PSF
S$2,192 psf
recent transactions
Median rent (monthly)
S$4,032
1,443 rentals on record
Gross rental yield
2.7%
indicative, gross
Units currently for sale are asking a median of S$2,354 psf — about 7% above the most recent transacted PSF.
Source: URA caveat data, through Aug 2026.
What has recently sold at Principal Garden?
Principal Garden has 921 recorded sales; the most recent transacted at S$975,000 in Aug 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Aug 2026 | S$975,000 | 506 | S$1,927 psf |
| Aug 2026 | S$1,720,000 | 764 | S$2,251 psf |
| Jun 2026 | S$1,770,000 | 807 | S$2,192 psf |
| Jun 2026 | S$1,830,000 | 861 | S$2,125 psf |
| Jun 2026 | S$980,000 | 495 | S$1,979 psf |
| Jun 2026 | S$1,825,000 | 807 | S$2,261 psf |
| May 2026 | S$1,880,000 | 807 | S$2,329 psf |
| Mar 2026 | S$2,905,000 | 1,076 | S$2,699 psf |
| Mar 2026 | S$1,608,000 | 764 | S$2,104 psf |
| Mar 2026 | S$1,800,000 | 807 | S$2,230 psf |
| Feb 2026 | S$1,888,000 | 861 | S$2,192 psf |
| Feb 2026 | S$945,000 | 484 | S$1,951 psf |
921 sales and 1,443 rentals on record since Oct 2015. Source: URA.
Are prices at Principal Garden rising?
The median transacted PSF at Principal Garden has risen 29% over the past 9 years (2017–2026), from S$1,694 psf to S$2,192 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$2,192 psf | S$1.80M | 13 | +1.3% |
| 2025 | S$2,163 psf | S$1.70M | 49 | +0.7% |
| 2024 | S$2,148 psf | S$1.70M | 42 | +5.2% |
| 2023 | S$2,041 psf | S$1.56M | 38 | +4.1% |
| 2022 | S$1,960 psf | S$1.49M | 48 | +1.4% |
| 2021 | S$1,932 psf | S$1.55M | 49 | +1.5% |
| 2020 | S$1,904 psf | S$1.54M | 14 | +2.1% |
| 2019 | S$1,865 psf | S$1.43M | 4 | +3.8% |
| 2018 | S$1,796 psf | S$1.42M | 2 | +6.0% |
| 2017 | S$1,694 psf | S$1.28M | 317 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Principal Garden a good investment?
Of 257 units at Principal Garden that were bought and later resold (bought from 2015, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 19% over a median 6.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.7%. Units listed now ask about 7% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
100%
of 257 resales here
Median gain
19%
gross, before costs
Median hold
6.0 years
bought to resold
Every unit at Principal Garden with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
Where is Principal Garden and what's nearby?
Principal Garden is located in Bukit Merah, in the Central Region of Singapore.
Principal Garden is a 99-year condominium completed in 2018. It was developed by SECURE VENTURE DEVELOPMENT (ALEXANDRA) PTE LTD. The development has 663 residential units. It sits on a land area of 25,088 sqm and has a gross floor area of 52,684 sqm. The plot ratio is 2.1.
PRINCIPAL GARDEN is located at 93 Prince Charles Crescent, Singapore 159025. It is part of District 03, Queenstown / Tiong Bahru, Bukit Merah. The project falls within the Central Region and the RCR market segment.
The nearest rail connection is Redhill MRT, approximately 638m away, around 10 minutes on foot. Nearby amenities include Valley Point for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blk 79 Redhill Lane for food options, and Tiong Bahru Pk for greenery and recreation. Facilities in the development include Basketball court, Basement car park, Drop Off Point, Lap pool, Lift lobby, and Lounge.
How far is Principal Garden from MRT and schools?
The nearest MRT/LRT to Principal Garden is Redhill MRT, about 638 m away (~10 min walk). 4 schools are within 1 km, including 1 primary school.
Getting around
- Redhill MRT638 m · ~10 min
- Tiong Bahru MRT961 m · ~15 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Alexandra Primary SchoolPrimary schoolwithin 1 km · P1 priority333 m
- Gan Eng Seng SchoolSecondary schoolwithin 1 km448 m
- Crescent Girls' SchoolSecondary schoolwithin 1 km469 m
- Queenstown Secondary SchoolSecondary schoolwithin 1 km951 m
- Gan Eng Seng Primary SchoolPrimary school1.0 km
- Zhangde Primary SchoolPrimary school1.0 km
- Bukit Merah Secondary SchoolSecondary school1.2 km
- River Valley Primary SchoolPrimary school1.6 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
Who built Principal Garden and how big is the development?
Principal Garden was developed by SECURE VENTURE DEVELOPMENT (ALEXANDRA) PTE LTD, with 663 units over up to 24 storeys.
- Developer
- SECURE VENTURE DEVELOPMENT (ALEXANDRA) PTE LTD
- Floors
- 24 storeys
- Blocks
- 5
- Land area
- 25,088 sqm (270,045 sqft)
- Gross floor area
- 52,684 sqm (567,085 sqft)
- Plot ratio
- 2.10
What facilities does Principal Garden have?
Principal Garden has 11 facilities, including Basketball court, Basement car park, Drop Off Point, Lap pool, and more.
What does it cost to own a unit at Principal Garden?
Buying a unit at Principal Garden (~S$1.77M) needs about S$12,957/mo in income and S$5,961/mo in repayments, after S$58,100 stamp duty and a S$443k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.77M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$58,100
BSD, tiered
Downpayment (25%)
S$443k
cash + CPF
Monthly instalment
S$5,961/mo
30y @ 3.5%
Income required
S$12,957/mo
TDSR @ stress rate
How many property agents are active around Principal Garden?
7,621 CEA-registered agents closed at least one recorded deal in District 3 — where Principal Garden sits — in the last 12 months, across all property types.
Active agents · 12mo
7,621
District 3 · closed ≥1 deal
Deals on record
38,518
all-time · all property types
Source: CEA public transaction records, attributed to District 3 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Thinking about Principal Garden? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Principal Garden's own transactions.
PropKakiRecent units at Principal Garden sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Principal Garden
Is Principal Garden freehold?⌄
No. Principal Garden is on a 99-year lease that started in 2014, with about 87 years left.
How old is Principal Garden?⌄
Principal Garden was completed (obtained TOP) in 2018, so it is about 8 years old.
Is Principal Garden a good investment?⌄
Of 257 units at Principal Garden that were bought and later resold (bought from 2015, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 19% over a median 6.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.7%. Units listed now ask about 7% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Principal Garden an EC?⌄
No. Principal Garden is a private condominium, not an executive condominium (EC).
Who is the developer of Principal Garden?⌄
Principal Garden was developed by SECURE VENTURE DEVELOPMENT (ALEXANDRA) PTE LTD.
What is the price of a condo at Principal Garden?⌄
Units at Principal Garden have recently sold for around S$1.77M (S$2,192 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 63 units are listed for sale from S$945k to S$2.98M.
Where is Principal Garden located?⌄
Principal Garden is at 93 Prince Charles Crescent, Singapore 159025, in Bukit Merah (District 3). The nearest MRT station is Redhill MRT, about 638 m away.
How many units are there in Principal Garden?⌄
Principal Garden has 663 units in 5 blocks, up to 24 storeys high.
How much do I need to earn to buy at Principal Garden?⌄
For a unit around S$1.77M as a first home, you'd need roughly S$12,957/mo in income (assessed at the stress-test rate), with repayments near S$5,961/mo after a S$443k (25%) downpayment and S$58,100 Buyer's Stamp Duty.
Are prices at Principal Garden going up?⌄
The median price per square foot at Principal Garden has risen about 29% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.
Which primary schools are within 1 km of Principal Garden?⌄
Alexandra Primary School is within 1 km of Principal Garden. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.