Principal Garden

[propertyreview]

Principal Garden set to launch soon at Prince Charles Crescent Parcel B. This is a new development by UOL with full condo facilities. UOL came in top bidder for this site at Parcel B with $461,100,000 or $8833.40psm, much lower than The Crest which was bidded by Wingtai at Parcel A at $561,298,999 or $10,336.31psm in 2012. Will Principal Garden be a better buy than The Crest?

Located at Prince Charles Crescent put Principal Garden in a city fringe location with just 10 minutes within shenton way, orchard shopping belt and vivo city. Renowned schools nearby include Gan Eng Seng and Crescent Girls School etc. Nearby MRT is Rehill MRT Station which is about 5 minutes walk away.

View from Principal Garden (http://www.propertyreview.sg/principal-garden/) should be awesome facing Greenery at Botanic Garden and Bukit Timah Nature Reserve for those Northward facing as those development after Prince Charles crescent and jervois road are at Plot 1.4 or only 5 storey high and consist mainly of GCBs, Landed, low rise apartment and Embassies.

Southward facing might be enbloc now but the plot in front, along Alexandra Road has a higher plot ratio of 3.5,w hich means it likely can be built higher than Principal Garden.

http://www.propertyreview.sg/wp-content/uploads/Principal-Garden-Aerial-Map.jpg

Info about the land bid as follows
Type: Residential
Tenure: 99 years
Site area: 24,964.3 metre square
Tender Close: 16/April/2014

Visit us at http://goo.gl/3JwF4Y for more updates and Showflat Preview.

[Kelonguni]

Principal Garden set to launch soon at Prince Charles Crescent Parcel B. This is a new development by UOL with full condo facilities. UOL came in top bidder for this site at Parcel B with $461,100,000 or $8833.40psm, much lower than The Crest which was bidded by Wingtai at Parcel A at $561,298,999 or $10,336.31psm in 2012. Will Principal Garden be a better buy than The Crest?

Located at Prince Charles Crescent put Principal Garden in a city fringe location with just 10 minutes within shenton way, orchard shopping belt and vivo city. Renowned schools nearby include Gan Eng Seng and Crescent Girls School etc. Nearby MRT is Rehill MRT Station which is about 5 minutes walk away.

View from Principal Garden (http://www.propertyreview.sg/principal-garden/) should be awesome facing Greenery at Botanic Garden and Bukit Timah Nature Reserve for those Northward facing as those development after Prince Charles crescent and jervois road are at Plot 1.4 or only 5 storey high and consist mainly of GCBs, Landed, low rise apartment and Embassies.

Southward facing might be enbloc now but the plot in front, along Alexandra Road has a higher plot ratio of 3.5,w hich means it likely can be built higher than Principal Garden.

http://www.propertyreview.sg/wp-content/uploads/Principal-Garden-Aerial-Map.jpg

Info about the land bid as follows
Type: Residential
Tenure: 99 years
Site area: 24,964.3 metre square
Tender Close: 16/April/2014

Visit us at http://goo.gl/3JwF4Y for more updates and Showflat Preview.

Is it for Principals only?

[Clee]

Principal Garden is an upcoming private residential development located at Prince Charles Crescent, Prime District 03, Singapore. Nested in a tranquil Jervois precinct which fronts the Good Class Bungalow (GCB) of both Chatsworth and Bishopsgate Estate, and neighbor with various Foreign Embassies, Principal Garden will be another master-piece project by the renowned developer, UOL Venture Investments and Kheng Leong Company.

[handsometeck]

Is it for Principals only?

that a nice 1... sound like a "school hostel"? lol

[buynewlaunchnow]

Will this project steal more potential buyers from The Crest who are looking at this area? coz bid price is lower than The Crest (S$960.28 psf ppr VS S$820.65 psf ppr, article from stproperty.sg). 4 residential towes with 663 units. Most likely to be launched in October 2015.

[handsometeck]

Will this project steal more potential buyers from The Crest who are looking at this area? coz bid price is lower than The Crest (S$960.28 psf ppr VS S$820.65 psf ppr, article from stproperty.sg). 4 residential towes with 663 units. Most likely to be launched in October 2015.

confirm + chop steal buyer from The Crest. The Crest is about 17xx to 18xxpsf average.. Now this Principal Garden land cost 10% cheaper, i think the price likely about 15xx to 16xxpsf. if price 10% lower, confirm pple buy Principal garden 1.

https://farm6.staticflickr.com/5670/21005320459_3edcb09696_k.jpg (https://flic.kr/p/y1aKXz)IMG_0947 (https://flic.kr/p/y1aKXz) by Handsome Teck (https://www.flickr.com/photos/52853800@N05/), on Flickr

This weekend also saw good sales result at highline residences (Tiong Bahru) (http://www.propertyreview.sg/highline-residences/). About 20 units was sold just at this weekend when they open its door for the first time in 2015. I think the reason likely its becos of its location that is near to Tiong Bahru MRT station and Tiong Bahru Plaza. Another + is that, got concerige service.. like going st regis.. lol

[sunman77]

Principal Garden. Beautiful landscape!

Got from http://principalgarden-uol.com

http://img.photobucket.com/albums/v505/jeje008/Aerial%20View_zpsax2qagt6.jpg (http://smg.photobucket.com/user/jeje008/media/Aerial%20View_zpsax2qagt6.jpg.html)

[sunman77]

-- duplicate post --

[MrTan]

Nice artist impression!

[yowetan]

Very beautiful. How much will it cost? Any indicative price?

[sunman77]

Very beautiful. How much will it cost? Any indicative price?


http://principalgarden-uol.com/index.php/2015/07/17/the-story-of-prince-charles-crescent-parcel-b/

[sunman77]

First time I saw this my first thoughts were "Looks D'Leedon" - but not having to suffer that congestion and that high prices of D'Leedon?

[august]

How is the exterior beautiful? It does not look that much different from any other modern HDB.

[sunman77]

Was referring to landscape.

[yowetan]

Any update on this project? What is the indicative price?

[sunman77]

Opening in mid-October. No price indication yet.

[sgproplaunch]

They actually wanted to name it embassy garden as it is near foreign embassies. haha.

[azeoprop]

Site plan is out.http://www.the-principal-garden.com/wp-content/uploads/principal-garden-site-plan-1024x682.png

[Arcachon]

https://www.facebook.com/groups/881778968585699/

[propertycarrots]

Upcoming supplies in D3:

https://scontent-sin1-1.xx.fbcdn.net/hphotos-xpt1/v/t1.0-9/12046753_830062420445312_2054034926932119078_n.jpg?oh=cea9e13a71c29bc9d34bfe5ca47bf255&oe=56A256EE

What you guys think of rental in this area? Ascentia Sky rental not bad though based on last month transaction

[azeoprop]

Any chance for 6xxk 1 bedder here? :drinking_coffee_ico

[yowetan]

Any chance for 6xxk 1 bedder here? :drinking_coffee_ico

I am interested if there is 600-800k 1-2 bedder.

[propertycarrots]

I am guessing in the range of low/mid 7xxk n 1.2mil for 1 and 2 bedders

[sunman77]

Latest update from http://principalgarden-uol.com/index.php/brief-facts-of-principal-garden-singapore/ regarding units sizes:

http://img.photobucket.com/albums/v505/jeje008/screenshot%20for%20hwz_zpsmtrdfemf.png (http://smg.photobucket.com/user/jeje008/media/screenshot%20for%20hwz_zpsmtrdfemf.png.html)

[sunman77]

I am guessing in the range of low/mid 7xxk n 1.2mil for 1 and 2 bedders

Same guess as mine. 1BR to start from $700+ k, 2BR to start from $1.2m+.

[MrTan]

http://forums.hardwarezone.com.sg/homeseekers-homemakers-74/affordable-prices-finally-principal-garden-condo-@-prince-charles-crescent-singapore-5116655.html

Sunman77 = jejeje08?

[sunman77]

http://forums.hardwarezone.com.sg/homeseekers-homemakers-74/affordable-prices-finally-principal-garden-condo-@-prince-charles-crescent-singapore-5116655.html

Sunman77 = jejeje08?

Haha yes.

[propertycarrots]

Sep wk 2 caveats are out. Quite a number of Highline residences sold. Notably is one 42sqm unit sold more than 1mil
Check out our website @ www.propertycarrots.com for caveats with full purchase details including unit numbers

[yowetan]

Who is the agency that marketing the Principle Garden on behalf of UOL?

[sunman77]

Who is the agency that marketing the Principle Garden on behalf of UOL?
CBRE is one of them.

[MrTan]

sunman from cbre?

[Arcachon]

https://www.youtube.com/watch?v=idU4zoGooak

[yowetan]

https://www.youtube.com/watch?v=idU4zoGooak

I am very keen. Can any property agent come to me?

[sunman77]

sunman from cbre?

Yes I am. :)

[yowetan]

With haze looming till nov, will Principle Garden developer offers a good pricing?

[indomie]

With haze looming till nov, will Principle Garden developer offers a good pricing?
How haze related to pricing?

[Kelonguni]

How haze related to pricing?

Haze more likely to make wrong judgement in pricing. Ha...

[yowetan]

How haze related to pricing?

Haze will prevent more people crowding at showflat. Also with many CMs and bad economy numbers, will developers offer discount?

[azeoprop]

Haze will prevent more people crowding at showflat. Also with many CMs and bad economy numbers, will developers offer discount?

3xxk for 1 bedders? :glee:

[Kelonguni]

3xxk for 1 bedders? :glee:

12 Sq M possible. Selected units only.

Kidding only.

[MrTan]

Dun even have indicative pricing yet. Let alone discount talk. Hillview peak lah. Got discount there. How about Kalimantan property? Haze there is the worst. Suits the budget also.

[yowetan]

Dun even have indicative pricing yet. Let alone discount talk. Hillview peak lah. Got discount there. How about Kalimantan property? Haze there is the worst. Suits the budget also.

Hillview peak is over-rated. :suspicion:

[indomie]

Haze more likely to make wrong judgement in pricing. Ha...
That kind of haze is the one u smoke, is called ganja

[propertycarrots]

Sep week 3 transactions just came out today. A couple of Alex Residences mid flr sold over 1.7k psf. Think this development gotta sell at 1.5k psf to make it a 'steal' or ~10% cheaper

[azeoprop]

For those 1 bedders facing the canal, what is the proposed land use for the vacant land opposite the canal?

[MrTan]

According to ura master plan, the plot of land between the canal and Alexandra rd would be used for residential. High rise probably, as max plot ratio is 3.5.

[MrTan]

http://www.channelnewsasia.com/news/singapore/two-land-parcels-for/2161402.html

http://www.channelnewsasia.com/blob/2161412/1443622795000/location-plan-for-land-data.png

The Urban Redevelopment Authority (URA) has launched the residential site at Alexandra View for sale by tender. The residential plot at Alexandra View is sitting right next to Redhill MRT station. The 90,417 sq ft 99-year leasehold site has a maximum gross floor area of 442,967 sq ft and could yield 400 units. It is zoned for residential with 1st storey commercial use. The tender exercise will close on November 12, 2015 at 12pm.

Based on URA caveat records in 2015 to date, the median price for comparable projects near the subject site is around $1,700 psf. However, as there is still a large balance of unsold units in the vicinity, the final selling price might fall on the conservative end of the range. In view of this, the bid price of the land is estimated to be in the region of $780 to $830 psf ppr.

http://www.theedgeproperty.com.sg/content/release-two-residential-sites-redhill-and-sembawang

[sunman77]

For those 1 bedders facing the canal, what is the proposed land use for the vacant land opposite the canal?


According to ura master plan, the plot of land between the canal and Alexandra rd would be used for residential. High rise probably, as max plot ratio is 3.5.

Yes Mr. Tan is right. That's how it is under the current Masterplan.

[azeoprop]

Looks like a lot of potential 1 and 2 bedders in this area coming online. Might greatly depress the rental yield.

[henryhk]

Looks like a lot of potential 1 and 2 bedders in this area coming online. Might greatly depress the rental yield.

I tink the next crash after Sentosa will be this area, flood with high-priced condo and over supply....just wait for the interest rate to rise more, we will see how the owners jump

[yowetan]

I tink the next crash after Sentosa will be this area, flood with high-priced condo and over supply....just wait for the interest rate to rise more, we will see how the owners jump

Sad to say, good to know. Almost whole singapore would crash. Hillview will be one of the heaviest crash.

[MrTan]

Sinai wun be spared too. With rising interest, expect fire sale.

[propertycarrots]

As per my earlier post on D3 upcoming supplies in http://forums.condosingapore.com/showthread.php/23974-Where-are-the-new-supplies-coming-from:

https://scontent-sin1-1.xx.fbcdn.net/hphotos-xpt1/v/t1.0-9/12046753_830062420445312_2054034926932119078_n.jpg?oh=cea9e13a71c29bc9d34bfe5ca47bf255&oe=56A256EE


Existing Stocks:
ALESSANDREA
105
ALEXIS
293
ASCENTIA SKY
373
CENTRAL GREEN CONDOMINIUM
412
MERAPRIME
213
QUEENS
722
REGENCY SUITES
84
TANGLIN VIEW
384
THE ANCHORAGE
775
THE METROPOLITAN CONDOMINIUM
382
THE REGENCY AT TIONG BAHRU
158
TWIN REGENCY
234
Total: 4135

It is quite a significant figure considering that new supplies is almost 80% of the existing stocks within the area of Queenstown-RedHill-TiongBahru stretch. To make it worse, alot of these development were launched within the same period

[Khng8]

You forgot the new one coming up at Dundee Road next to Commonwealth Towerrs. How many units that one?

[MrTan]

About 700

[sunman77]

Nice? :)

http://img.photobucket.com/albums/v505/jeje008/IMG-20151003-WA0031_zpswxsd7vl3.jpg (http://smg.photobucket.com/user/jeje008/media/IMG-20151003-WA0031_zpswxsd7vl3.jpg.html)

http://img.photobucket.com/albums/v505/jeje008/IMG-20151003-WA0029_zpsxminnxw0.jpg (http://smg.photobucket.com/user/jeje008/media/IMG-20151003-WA0029_zpsxminnxw0.jpg.html)

http://img.photobucket.com/albums/v505/jeje008/IMG-20151003-WA0026_zpsbyznplnm.jpg (http://smg.photobucket.com/user/jeje008/media/IMG-20151003-WA0026_zpsbyznplnm.jpg.html)

http://img.photobucket.com/albums/v505/jeje008/IMG-20151003-WA0033_zpsrblgbcej.jpg (http://smg.photobucket.com/user/jeje008/media/IMG-20151003-WA0033_zpsrblgbcej.jpg.html)

Can find more here --> http://principalgarden-uol.com/index.php/pictures/

[august]

Nice? :)

http://img.photobucket.com/albums/v505/jeje008/IMG-20151003-WA0031_zpswxsd7vl3.jpg (http://smg.photobucket.com/user/jeje008/media/IMG-20151003-WA0031_zpswxsd7vl3.jpg.html)


Across the canal is slated for residential with higher plot ratio. Just saying.

[MrTan]

So artist's impression nice real thing not nice? Just asking.

[azeoprop]

The canal so nice one meh? Maybe can provide free boat shuttle to city via the canal haa haa.

[MrTan]

http://www.channelnewsasia.com/news/singapore/bookings-for-next-big/2181228.html

Bookings for next big condo project Principal Garden to open next week

Market watchers have said that the response will help developers gauge buyer interest and decide when to release projects in the pipeline.

By Eileen Poh, Channel NewsAsia
POSTED: 09 Oct 2015 23:31 UPDATED: 09 Oct 2015 23:46

SINGAPORE: The languid private home market will see its first major launch since July when property giant UOL showcases its 663-unit Principal Garden condominium (condo) project at Prince Charles Crescent next week.

Market watchers have said that the response will help developers gauge buyer interest and decide when to release projects in the pipeline. The last big condo project, High Park Residences, which is in Sengkang, opened for booking in July.

UOL said it will offer 250 units in the first phase, priced at an average of S$1,600 per square foot. This is slightly lower than what units at a neighbouring project The Crest had gone for. The Crest was launched at around S$1,700 psf in July 2014.

UOL said units at Principal Garden will start from S$770,000 for a one-bedroom unit, $1.18 million for a two-bedroom unit and S$1.7 million for a three bed-room unit. It said it expects strong investor interest in Principal Garden due to its city-fringe location. More than 70 per cent of the units are one to two-bedroom units.

"Cities really have to compete for talent, there's no way out and likewise for Singapore," said Mr Liam Wee Sin, deputy group CEO for the UOL Group. "We think when we compete for talent, we will bring in this category of people who want to be leasing or staying in a place near the city. And that's where Principal Garden comes into place, we think this project with smaller units can cater to that category of people."

Principal Garden is also the first condo project to come on the market since the monthly income cap to buy executive condominium (EC) units was raised to S$14,000, from S$12,000 previously.

However, property watchers such as Chesterton Singapore managing director Donald Han said the change is unlikely to affect sales, since ECs are located in the suburbs, while Principal Garden is a higher-priced project with a city-fringe location.

- CNA/hs

[propertycarrots]

Pricing is expected as what many has predicted. The psf for Principal Gardens is not exactly "yummylicious" enough considering the new upcoming supplies for this district in my other thread. Besides if you check out the floor plan I think many would agree that the layout for most types dont seem to be planned very well

[MrTan]

Wah. U really robot siah. U ain't sleeping at all.

Let me see if I get this correct:-

1) Standard (and/or "starting from") units are facing south south east (canal-facing) whereas premium units are facing north north west (garden-facing).

2) All 1-bedders (484-506sqft; total 8 stacks) are canal-facing.

3) 7 stacks of 2-bedders (764-786sqft) are canal-facing and 7 stacks of 2-bedders (797-807sqft) are garden-facing.

4) The remaining units (2 stacks of 2-bedders DK (861sqft) + 2 stacks of 3-bedders (1076sqft) + 1 stack of 3-bedders DK (1195sqft) + 1 stack of 3-bedders w/ pte lift (1238sqft) + 2 stacks of 4bedders w/ pte lift (1572sqft)) are all garden facing.

5) There are also 6 units of 5-bedders + 1 study + pte lift (2347sqft) and 3 units of 4-bedders + 1 study + pte lift (2002sqft). They are all garden-facing, of course.

http://principalgarden-uol.com/wp-content/uploads/2015/07/PG-Site-Plan.png

[propertycarrots]

This is one of the better layout:
http://principalgardenfloorplan.com/wp-content/uploads/2015/09/principal-garden-floor-plan-3br.jpg

More details: http://principalgardenfloorplan.com/floor-plans/

Disclaimer: PropertyCarrots is not affiliated with the above site

[MrTan]

Yup. Agree. The 3-bedder DK is sharing a common balcony. Dun quite like the idea, esp if the smaller unit is to be rented out.

[MrTan]

http://www.straitstimes.com/business/property/663-unit-condo-to-come-up-on-citys-fringe?xtor=EREC-16-1

663-unit condo to come up on city's fringe

PUBLISHED OCT 10, 2015, 5:00 AM SGT

Average prices of around $1,600 psf for units in Alexandra project close to Redhill MRT station

Chong Koh Ping

The Principal Garden condominium on the city fringe in the Alexandra area will be launched at the end of the month with average prices of around $1,600 per square foot.

The 663-unit project in Prince Charles Crescent has four 24- storey blocks and is next to the Alexandra Park Connector that extends 4km towards the Central Business District. It is also within a 10-minute walk from the Redhill MRT Station.

It comprises 182 one-bedroom, 304 two-bedroom and 69 three- bedroom units, as well as 66 three- to five-bedroom apartments with private lifts.

The smaller units in the 99-year leasehold project are seen as being particularly appealing to investors, according to the joint developers, UOL Group and Kheng Leong Company.

"Being near the city, the investment angle is strong and some parents (living nearby) may want to get a unit for their children," UOL deputy group chief executive Liam Wee Sin said at a showflat viewing yesterday.

The one-bedders range from 484 to 506 sq ft, the two-bedroom units are 764 to 807 sq ft while three-bedders are between 1,076 and 1,195 sq ft. Units with private lifts range from 1,238 to 2,347 sq ft.

Prices are around $1,600 per sq ft, making one-bedders cost around $770,000, two-bedders around $1.18 million, and three-bedders around $1.7 million.

The showflats will be open for public viewing from next Saturday, for about two weeks.

Mr Liam said the units will be launched in phases, with around 250 being made available initially.

"We secured the Prince Charles Crescent site last year at a reasonable bid price (at $821 psf per plot ratio), by which we are now able to pass on value and savings to buyers," he said.

"We believe buyers can see the strong upside potential."

Analysts noted that the development has attributes that could sit well with investors - competitive pricing, a good location as well as a large number of smaller units, especially the popular two-bedders.

"At $1,600 psf, it's cheaper than its next-door neighbour The Crest, which has a median price of $1,688 psf based on the reported transaction prices from January to October this year," said Mr Nicholas Mak, executive director at SLP International.

A version of this article appeared in the print edition of The Straits Times on October 10, 2015, with the headline '663-unit condo to come up on city's fringe'. Print Edition | Subscribe

[azeoprop]

Some floor plans found here.http://www.uolprincipalgarden.com/floorplans/

[MrTan]

All floorplans can be downloaded from here.
http://principalgarden-uol.com/index.php/floorplans/

[yowetan]

I am interested but cost is too high? How much would a 2 bedder potentially cost?

[MortgageGuru]

I am interested but cost is too high? How much would a 2 bedder potentially cost?

It seems to me that you're almost interested in everything.
Insurance agent will be happy to know you.😂

[yowetan]

It seems to me that you're almost interested in everything.
Insurance agent will be happy to know you.😂

Interest and the actuality and ability to afford is another thing. Nonetheless my interest is still valid for this development.

[MrTan]

Will u be indicating a deep interest in Thomson Impressions soon as well? It's near to Teachers Estate. Should be cheaper than Principal Garden, since pay grade is different.

[yowetan]

Will u be indicating a deep interest in Thomson Impressions soon as well? It's near to Teachers Estate. Should be cheaper than Principal Garden, since pay grade is different.

Yes. Why not? It's near to Ai Tong. It is relevant to market.

[MrTan]

U r so predictable.

[MortgageGuru]

Just sold one for 1609psf

[proud owner]

which is a better buy ?

Principal Garden or Commonwealth Tower ? or FH Skyline (at Telok Blangah ) ?

[Irene.sg]

One bedder yes

[Irene.sg]

Principal. 😉

[Irene.sg]

PropNex

[yowetan]

How much?

[Irene.sg]

I am very keen. Can any property agent come to me?

Have u visited the showflat ?

[yowetan]

Have u visited the showflat ?

No. Open already? Where?

[Irene.sg]

I am very keen. Can any property agent come to me?


How much?
How many bed rooms are you looking at ? And facing ? Prices varies depending on facing .

[yowetan]

How many bed rooms are you looking at ? And facing ? Prices varies depending on facing .

Budget here. 2 bedder or more preferably but what is the price psf?

[Irene.sg]

I am very keen. Can any property agent come to me?


No. Open already? Where?
Contact me at [email protected]

[Irene.sg]

I am very keen. Can any property agent come to me?


No. Open already? Where?


Budget here. 2 bedder or more preferably but what is the price psf?

Those facing GCB tend to be higher price and facing park connector lower.

[yowetan]

Those facing GCB tend to be higher price and facing park connector lower.

Budget here. Wonder if there is <1mil?

[Irene.sg]

I am very keen. Can any property agent come to me?


No. Open already? Where?


Budget here. Wonder if there is <1mil?

2bedder below $1m not possible. Starting from $1.18m . Give me a call at 91864812.

[yowetan]

2bedder below $1m not possible. Starting from $1.18m . Give me a call at 91864812.

Anyone knows if the showflat has already open for viewing? Or still in the process of collecting cheque and interest?

[handsometeck]

yowetan... [uirl=http://www.propertyreview.sg/principal-garden/]principal garden showflat[/ur] ready for preview already. Its launch on 30/Oct. 1 bedroom start from 77xk onwards. PSF average about 1600psf.

[yowetan]

yowetan... [uirl=http://www.propertyreview.sg/principal-garden/]principal garden showflat[/ur] ready for preview already. Its launch on 30/Oct. 1 bedroom start from 77xk onwards. PSF average about 1600psf.

1 bedder still available? How big is one bedder?

[mrling]

Heard the bigger unit in Principal Garden (http://www.sgpropertyportfolio.com/principal-garden-singapore-condo/) selling well. All high floor for the 3 bedroom with private lift already taken. Wow Principal Garden Pricing (http://www.sgpropertyportfolio.com/principal-garden-singapore-condo/principal-garden-prince-charles-price-psf/) for 3 bed room with private lift is over $2 million a piece still can find so many buyers to buy. Still have a lot of cash rich buyers out there.

[Citizen]

URA tender draws 10 bids for Alexandra View site, dun need rush more units coming. Buyers spoiled by choices.

[yowetan]

URA tender draws 10 bids for Alexandra View site, dun need rush more units coming. Buyers spoiled by choices.

New development?

[Citizen]

Tender closed today.

[yowetan]

Tender closed today.

Can you be more specific? I cannot grasp your meaning.

[Citizen]

Can you be more specific? I cannot grasp your meaning.

It meant another 400 units will add to that area.

[henryhk]

It meant another 400 units will add to that area.
Don't need update YT, he always asking and pretending tat he interested, but the fact he only ask for fun.

[azeoprop]

URA tender draws 10 bids for Alexandra View site, dun need rush more units coming. Buyers spoiled by choices.

This site is really just beside Redhill mrt. The downside is blocked all round by metropolitan acentia Sky echelon and Alex. South blocked by tall hdb as well.

Principal is much further away from mrt but North facing gets confirmed full unblocked views.

[westin]

Uol lost to tang group in the bid...is tang group a china developer..never heard before..

[yowetan]

Any update in this development?

[mckky]

Any update in this development?

Honestly thought the launch psf could have started lower, but that said the range of psf is very narrow (unlike Echelon, Alex Resi, etc, where it can range from 1,450 to 2,200). PG for every floor up price only increases marginally.

According to URA caveats about 75% of 200 launch units sold

[PropertySingapore]

Read in the news recently that both principal garden (http://www.propertysales.sg/principal-garden/) and thomson impressions (http://www.propertysales.sg/thomson-impressions/) (latest launches lately) showed good sales.

[yowetan]

I heard that principal garden sales figure is not impressive and there are many competition around that area. Little room for appreciation in future.

[PropertySingapore]

I heard that principal garden sales figure is not impressive and there are many competition around that area. Little room for appreciation in future.

I think UOL really priced Principal Garden (http://www.propertysales.sg/principal-garden/) to sell. I remembered the sales on the launched day was pretty decent. But this development did help nearby developments like the Alex residences (http://www.propertysales.sg/alex-residences/) and the crest to sell too.

[yowetan]

I think UOL really priced Principal Garden (http://www.propertysales.sg/principal-garden/) to sell. I remembered the sales on the launched day was pretty decent. But this development did help nearby developments like the Alex residences (http://www.propertysales.sg/alex-residences/) and the crest to sell too.

But it seems to die down fast and furious, especially when Poiz residence launched and overtake it.

[Lord Anus]

Hey Broadwalk, aren't you buying it? You promised to post a pic of the OTP online, didn't you?

Farking CSB lah.

[mrling]

Heard my agent feedback that Principal Garden Condo (http://www.sgpropertyportfolio.com/principal-garden-singapore-condo/{url}) is very nice. Almost all the buyers who saw the project like it but few can get the loan for the purchase.

[mrling]

UOL Group Limited and Kheng Leong Company launched Principal Garden, a 663-unit development at Prince Charles Crescent, that provides a rare chance to buy property near Mount Echo, Jervois and Bishopsgate area. The usual one- to three-bedroom apartments range between 484 sq ft to 1,195 sq ft, while its Garden and Principal Collection units, which are three- to five-bedroom apartments with private lifts, range from 1,238 sq ft to 2,347 sq ft. The condos are priced attractively, starting with $770,000 for the 1 Br unit, $1.18 million for a two-bedroom unit, and $1.7 million for a three-bedroom unit. UOL Deputy Group Chief Executive Officer Liam Wee Sin said: “We secured the Prince Charles Crescent site not too long ago at a reasonable bid price which we're now able to offer value and savings to buyers and thereby in a position to achieve an attractive price for the units. Given its solid locational and product attributes, Principal Garden offers a rare opportunity for buyers to acquire a luxurious development within the fringe of the GCB (Good Class Bungalow) location. We think clients could see the strong upside potential and we'll additionally be releasing the condo in phases. 2“Our focus has long been to create a strong product that meets market demand. Here, we've created an 80:20 ‘garden-living’ concept in which the extensive landscape of lush gardens and ground occupy 80% of the site, which is quite exceptional,” he added. Principal Garden (http://www.sgpropertyportfolio.com/principal-garden-singapore-condo/)’s four 24-storey apartment blocks are near the Alexandra Park Connector that extends towards Singapore River and also the Central Business District (CDB). On the amenities of the project, Mr Liam said: “Capitalising around the Alexandra Park Connector, we have now provided facilities for active lifestyle, including a shared bicycle facility, a big fitness center of 2,018 sq ft, including the Principal Sky Club over the 24th floor with its own infinity pool.” The 99-year leasehold condominium is really a very short journey to Orchard Road, Great World City and Singapore Botanic Gardens. Nearby schools include Crescent Girls’ School, GanEng Seng Secondary School and Alexandra Primary School. On connectivity, the Redhill MRT station is within walking distance and also the Park Connector allows residents to cycle towards the CBD. The linear positioning of the towers close to the border with Alexandra Canal frees up the site to create a huge foreground of open greenery. The 24-storey blocks will also be elevated for better view satisfaction. Some of the special features would be the wine cellar and lounge, and also the mineral pools. The interiors will be developed to the best specifications commonly found in the hospitality sector including elegant material selections and colour combinations. Buyers also have a choice of choosing from a couple of different interior finishing styles for his or her condominiums.
Principal Garden is a 70:30 partnership among UOL and Kheng Leong, and designed by award-winning Architects 61.

[toaler]

hi does anyone know if there's a walkway in between principal garden and the crest or is it going to be wall to wall? thanks!

[Propertyreviewsg]

URA tender draws 10 bids for Alexandra View site, dun need rush more units coming. Buyers spoiled by choices.

Redhill area really spoilt for choices with some many coming on board at Alexandra area. Alex Residences (https://www.propertyreview.sg/alex-residences/), Principal Garden (https://www.propertyreview.sg/principal-garden/), The Crest (https://www.propertyreview.sg/the-crest/) are some existing condos around the vicinity.

the new alexandra view site however, seems to be a mixed development with retail shops.. at least something different..

[mrteo]

Redhill area really spoilt for choices with some many coming on board at Alexandra area. Alex Residences (https://www.propertyreview.sg/alex-residences/), Principal Garden (https://www.propertyreview.sg/principal-garden/), The Crest (https://www.propertyreview.sg/the-crest/) are some existing condos around the vicinity.

the new alexandra view site however, seems to be a mixed development with retail shops.. at least something different..

at least that area at alexandra view becomes a "private enclave" with all the private condo surrounding Alexandra view. After this there seems another plot too..

[rontan_83]

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