Principal Garden @ Prince Charles Review
Principal Garden @ Prince Charles Review on Developer Land Bid
UOL Venture Investments Pte. Ltd. and Kheng Leong Company (Private) Limited together won the land bid on Prince Charles parcel B which provide a total land area of 268,715 sqft and GFA of 564,421 sqft. The estimate break even per plot ratio is around $1335 psf. Assuming a 15% to 20% profit target, UOL can launch Principal Garden @ Prince Charles at an average price of $1535 to $1602 psf. Looking at what was sold in redhill and Prince Charles area in the last 12 months, I am confident the market will be able to support the average price of $1535 to $1602psf or even slightly higher average psf. For smaller unit, developer should be able to command a higher per square foot. Of course it also voice down to the size of the units and whether the total quantum is affordable.
Principal Garden @ Prince Charles Review On Similar Properties & Their Price
Comparing similar properties in the same area the average prices are between $1589 to $2013 psf. If we look at only new launches and exclude Ascentia Sky which TOP in 2013 then the average psf will increase to between $1695 to $2013 psf. These are transacted data.
Principal Garden @ Prince Charles Developer Achieved Awards
From 2005 to to date, UOL have manage to achieve international awards for every single residential development it launched. This include Newton Suites which won 14 International awards and the most recent new launch Botanique at Bartley which won 3 International awards. The quality and layout UOL development are generally top tier.
Review On Why Invest In Principal Garden Condo Singapore @ Prince Charles
- Prime location that is serene, peaceful and quiet.
- Limited land in and around Prince Charles Crescent and Redhill area.
- Reputable public listed developer that create award winning masterpieces. All UOL new launch since 2005 has won multiple international awards.
- Principal Garden Singapore Condo land bid per plot ratio is lower then land sales for The Crest condo next door. Developer will have the ability to price to sell.
- Huge land size of 268,716 sq ft with world class landscaping.
- Major malls, wet market and hawker centre around Principal Garden Singapore Condo @ Prince Charles bring convenience into the life style.
- Being 3 MRT stops from our financial district and just a stone throw away from major commercial hub such as Biopolis, Fusionpolis and harbourfront centre means you will spoil for choice with the abundant of professional tenants.
- Being surrounded by famous eateries in Dempsey Hill, Holland Village and Rochester Park improve resident daily life style.
- Being surrounded by popular parks and gardens such as Botanical garden, Hort Park, Labrador Park and Mount Faber add more means of outdoor.
Developer Hotline 6100 0607[contact-form-7 id=”3313″ title=”Register For Principal Garden Singapore Condo @ Prince Charles Show flat Viewing”]
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Hotline 6100 0607[contact-form-7 id=”3313″ title=”Register For Principal Garden Singapore Condo @ Prince Charles Show flat Viewing”]
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