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. Units have recently transacted around S$1.61M (S$2,104 psf), from 914 sales on record. There are 70 units for sale from S$950k to S$2.10M. The lease has approximately 87 years remaining.
What are the key facts about 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.
- Tenure
- 99-year
- TOP / Completion
- 2018
- Developer
- SECURE VENTURE DEVELOPMENT (ALEXANDRA) PTE LTD
- Total units
- 663
- Blocks
- 5
- District / Area
- District 3 (Bukit Merah)
- Market segment
- RCR
- Median PSF
- S$2,104 psf
- Last transacted
- Mar 2026
- Remaining lease
- ≈ 87 years
What is the price and PSF at Principal Garden?
Units have recently transacted around S$1.61M (S$2,104 psf), at a gross rental yield of about 3.0% (URA caveat data).
Recent median price
S$1.61M
recent · 914 sales on record
Median PSF
S$2,104 psf
recent transactions
Median rent (monthly)
S$4,031
1,394 rentals on record
Gross rental yield
3.0%
indicative, gross
Units currently for sale are asking a median of S$2,184 psf — about 4% above the most recent transacted PSF.
Source: URA caveat data, through Mar 2026.
What has recently sold at Principal Garden?
Principal Garden has 914 recorded sales; the most recent transacted at S$2,905,000 in Mar 2026 (URA caveat data).
| Date | Price | Size (sqft) | 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 |
| Jan 2026 | S$2,800,000 | 1,076 | S$2,601 psf |
| Dec 2025 | S$1,700,000 | 764 | S$2,224 psf |
| Dec 2025 | S$950,000 | 484 | S$1,961 psf |
| Dec 2025 | S$930,000 | 484 | S$1,920 psf |
| Nov 2025 | S$960,000 | 484 | S$1,982 psf |
| Nov 2025 | S$965,000 | 495 | S$1,949 psf |
| Nov 2025 | S$3,960,000 | 1,572 | S$2,520 psf |
914 sales and 1,394 rentals on record since Oct 2015. Source: URA.
What bedroom types are available at Principal Garden?
Principal Garden has 70 units listed for sale, spanning 1–2-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 28 | S$950k–S$1.10M | S$2,000 psf |
| 2-bedroom | 42 | S$1.68M–S$2.10M | S$2,354 psf |
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.
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$1.61M) needs about S$11,771/mo in income and S$5,415/mo in repayments, after S$50,000 stamp duty and a S$402k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.61M) 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$50,000
BSD, tiered
Downpayment (25%)
S$402k
cash + CPF
Monthly instalment
S$5,415/mo
30y @ 3.5%
Income required
S$11,771/mo
TDSR @ stress rate
Frequently asked questions about Principal Garden
What is the price at Principal Garden?⌄
Units at Principal Garden have recently transacted around S$1.61M (S$2,104 psf), from 914 sales on record (URA caveat data).
What is the PSF at Principal Garden?⌄
Units for sale at Principal Garden are asking a median of about S$2,184 psf.
Is Principal Garden freehold or leasehold?⌄
Principal Garden is 99-year, with approximately 87 years remaining on the lease.
When was Principal Garden built?⌄
Principal Garden obtained TOP in 2018, developed by SECURE VENTURE DEVELOPMENT (ALEXANDRA) PTE LTD.
How many units are for sale at Principal Garden?⌄
There are 70 units for sale at Principal Garden, from S$950k to S$2.10M.
What is the rental yield at Principal Garden?⌄
Gross rental yield at Principal Garden is about 3.0%, based on median current rents and prices.
How many units are in Principal Garden?⌄
Principal Garden has 663 units across 5 blocks.
What facilities does Principal Garden have?⌄
Principal Garden has 11 facilities, including Basketball court, Basement car park, Drop Off Point, Lap pool, Lift lobby, Lounge, and more.
What is the nearest MRT to Principal Garden?⌄
The nearest MRT/LRT station to Principal Garden is Redhill MRT, about 638 m away (~10 min walk).
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 qualify for Primary 1 (P1) registration priority.
