Principal Garden
| Development Name: | Principal Garden |
| Property Type: | Condominium |
| Tenure: | 99-year Leasehold |
| Expected Completion: | 2019 |
| # of Units: | 655 |
Principal Garden is a 99-year leasehold Condo located at Prince Charles Crescent in District D03. Principal Garden is close to Redhill MRT EW18.
It is a short drive to Great World City and Tiong Bahru Plaza, not far from several schools such as Crescent Girl’s School, Gan Eng Seng Primary School and Nan Chiau High School.
It is accessible via Prince Charles Crescent and Alexandra Road.
Location and price point are the biggest pull factors with Principal Garden. Residents will get a premium space in a well-known neighbourhood at a lower price point compared to other projects in the area.
Residents will also definitely enjoy the easy access to major expressways and proximity to nearby malls like Great World City and The Orchard Shopping Belt. For families with children, the reputable schools nearby are another plus.
Principal Garden boasts good views for all its residents. The north and northeast facing towers provide an unobstructed view of the Chatsworth GCB area. The south facing blocks come with an excellent view of the Alexandra Canal.
While it is true that location is a very big plus point with this development, a potential drawback would be that there is no MRT station within close walking distance. Redhill MRT is about a 700m walk away, according to the distance plotted on a map, or about a 7-minute walk. For some, this could be a long walk, but if the developer were to provide a shuttle bus service, it would alleviate the issue.
Investment potential is high with the project being located on the fringe of the embassy row and within short driving distance of the town and CBD areas. The configuration is such that 70 percent of total units are smaller units, which supposedly command higher rental potential.
Principal Garden gives potential buyers the chance to own property in a luxury neighbourhood at a relatively lower price, at least in its initial launch. Property consultants have suggested that the next round of buyers will not be able to enjoy current prices, so if you think that the project is worth investing in, you should go down to the showflat for a viewing soon.
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Principal Garden Sales Team
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