UOL Group Limited and Kheng Leong Company opened the long awaited for Principal Garden showflat to prospective buyers on 17th and 18th October and has plans for this new condo launch of the 663-unit condominium at Prince Charles Crescent to be carried out in phases.
The 99-year leasehold residential real estate development in the Singapore property market comprises four 24-storey apartment blocks with units types varying between one- to three-bedroom units ranging from 484 sq ft to 1,195 sq ft.
This Principal Garden new launch condo has its special and unique Garden and Principal Collection units of three- to five-bedroom apartments with private lifts having sizes ranging from 1,238 sq ft to 2,347 sq ft.
Unit prices start from $770,000 for a one-bedroom unit, $1.18 million for a two-bedder and $1.7 million for a three-bedder.
We secured the Prince Charles Crescent site last year at a reasonable bid price which we are now able to pass on value and savings to buyers and thereby able to achieve an attractive price for the units, said UOL property developer Deputy Group CEO Liam Wee Sin.
Having excellent strong location and product attributes, Principal Garden new condominium is one of the condo Singapore real estate market has which offers a rare opportunity for buyers to own a luxury development on the fringe of the GCB (Good Class Bungalow) area and also overlooking the GCB area of Jervois residential estate.
Our focus has always been to develop a strong product that meets market demand. Here, we have created an 80:20 garden-living concept where the extensive landscape of lush gardens and ground occupy 80 percent of the site, which is quite exceptional, he added.
The new launch at Principal Garden is also minutes walking distance to one of the Singapore MRT station namely Redhill MRT station and a short drive to commercial Central Business District where many office buildings are and also near to Orchard Road Shopping Belt, Singapore Botanic Gardens and Great World City.
The development is located right next to the Alexandra Park Connector which extends towards the Singapore River and the central business district.
Capitalising on the Alexandra Park Connector, we have provided facilities for active lifestyle, including a shared bicycle facility, a substantial gym of 2,018 sq ft, including the Principal Sky Club on the 24th storey with its own infinity pool,said Liam.
Designed by award winning Architects 61, Principal Garden is a 70:30 joint venture between UOL and Kheng Leong, marketed by Huttons Real Estate Agency.