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 918 transactions on record, units have recently transacted around S$1.80M (S$2,192 psf, ~807 sqft). There are 52 units for sale from S$945k to S$2.98M. 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$2,192 psf
- Last transacted
- Jun 2026
- Remaining lease
- ≈ 87 years
What is the price and PSF at Principal Garden?
Units have recently transacted around S$1.80M (S$2,192 psf), at a gross rental yield of about 2.7% (URA caveat data).
Recent median price
S$1.80M
recent · 918 sales on record
Median PSF
S$2,192 psf
recent transactions
Median rent (monthly)
S$4,024
1,422 rentals on record
Gross rental yield
2.7%
indicative, gross
Units currently for sale are asking a median of S$2,392 psf — about 9% above the most recent transacted PSF.
Source: URA caveat data, through Jun 2026.
What has recently sold at Principal Garden?
Principal Garden has 918 recorded sales; the most recent transacted at S$1,830,000 in Jun 2026 (URA caveat data).
| Date | Price | Size (sqft) | 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 |
| 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 |
918 sales and 1,422 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$1.82M | 10 | +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.
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
38,483
all-time · all property types
Source: CEA public transaction records, attributed to District 3across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Principal Garden?
Principal Garden has 52 units listed for sale, spanning 1–3-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 20 | S$945k–S$1.10M | S$1,970 psf |
| 2-bedroom | 29 | S$1.72M–S$2.07M | S$2,392 psf |
| 3-bedroom | 3 | S$2.98M–S$2.98M | S$2,770 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.
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
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$1.80M) needs about S$13,177/mo in income and S$6,062/mo in repayments, after S$59,600 stamp duty and a S$450k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.80M) 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$59,600
BSD, tiered
Downpayment (25%)
S$450k
cash + CPF
Monthly instalment
S$6,062/mo
30y @ 3.5%
Income required
S$13,177/mo
TDSR @ stress rate
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
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
How much does a unit at Principal Garden cost?⌄
Units at Principal Garden have recently transacted around S$1.80M (S$2,192 psf), from 918 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Principal Garden?⌄
For a unit around S$1.80M as a first home, you'd need roughly S$13,177/mo in income (assessed at the stress-test rate), with repayments near S$6,062/mo after a S$450k (25%) downpayment and S$59,600 Buyer's Stamp Duty.
Is Principal Garden a good investment?⌄
Gross rental yield is about 2.7%, and current asking prices sit about 9% above the most recent transacted PSF; median PSF has risen about 29% since 2017. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.
Are prices at Principal Garden going up?⌄
The median transacted PSF at Principal Garden has risen about 29% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Principal Garden freehold or leasehold?⌄
Principal Garden is 99-year, with approximately 87 years remaining on the lease.
When was Principal Garden built and who developed it?⌄
Principal Garden obtained TOP in 2018, developed by SECURE VENTURE DEVELOPMENT (ALEXANDRA) PTE LTD, with 663 units across 5 blocks.
How many units are for sale at Principal Garden?⌄
There are 52 units for sale at Principal Garden, from S$945k to S$2.98M.
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.