Actual Site Margaret Ville By MCL Land

Margaret Ville land price by MCL land

Margaret Ville Condo Project Highlights

Project NameMargaret Ville
DeveloperMCL Land (Regency) Pte. Ltd.
AddressMargaret Drive
Showflat LocationAlong 34 Margaret Drive Near Jalan Pejara (Click here for more)
Developer Sales Hotline+6562710098
Est Indicative Selling Price RangeAround $1600 to 1800 psf (Click here for more)
Tenure99 Years Leasehold
DescriptionHigh rise condomium
No of Units316
No of BlocksTBA
Units TypesTBA
Site Area (m2)4,809.80
Gross Floor Area (m2)22,195
Land Lot NumberMK03-05097N
Margaret Ville Registering Interest

The Exciting News on the Margaret Ville Condo @ Margaret Drive

There’s nothing more exciting to a city than the addition of a new real estate development. It heralds a fresh start for many, as well as new growth and opportunities for those that reside in the region. New developments most certainly bring with them a world of possibilities, including increased market value of the area, employment creation and increased economic activity. These and many other exciting prospects are what await the residents of the newly developed Margaret Condo. Read on to find out more about this exciting new development, and the Queenstown area where it is located.

Project Specifications – Margaret Ville Condo

It all started with the availability of a prime real estate site in Margaret Drive, which piqued the interest of many of Asia’s top developers. Margaret Ville was made available through the Reserve List of the Government Land Sales for residential (Non-landed), with bids starting at $185.758 million. After a competitive tender process, which saw some impressive bids, in the end it was the MCL Land firm which won the leasehold of 99 years to develop the site, coming in at a bid of S$238.39 million—the highest for that specific tender. This translates to roughly $997.85 per square foot, which is expected to rise to S$1,700 by the time the condo is launched.

Margaret Ville is centrally located close to major transport hubs such as the Ayer Rajah Expressway and the Commonwealth MRT station, and is also close to popular shopping centres like IKEA Alexandra and Alexandra Central, Queensway Shopping Centre, and a slew of other exciting retail developments that are currently underway.

Residents will also have access to some of the area’s most prestigious schools like the International Anglo-Chinese School, as well as the Crescent Girls’ School, while some of Singapore’s premier recreational, dining and shopping facilities at Orchard Road, Sentosa and Dempsey, are a few minutes’ drive from Margaret Drive.

A Brief History of Commonwealth/ Queenstown Where Margaret Ville Will Be Located

Margaret Ville Nearby Transacted Condo prices

The Commonwealth area is aptly named after the Commonwealth of Nations, and is centrally located in Queenstown, which is itself in the central-western region of Singapore. A bustling nucleus of activity, Commonwealth is home to numerous Housing Development apartments, a couple of schools and a well-organised transport system consisting of the SMRT Bus Services and the SBS Transit Bus Services, which are both accessible through the nearby Commonwealth MRT Station.

The area has quite a diverse population representing different religions, as evidenced by the presence of amenities like Blessed Sacrament Church, Masjid Mujahidin Mosque, the Queenstown Lutheran Church and Sri Muneeswaran Temple. Other facilities in Commonwealth include the Tanglin Halt Food Centre and Market, Queenstown Community Centre and Ridout Tea Garden. Needless to say, Commonwealth is a well-located and fast-growing area that presents investors and developers with plenty of opportunity to become a part of its increasing expansion.

About the Developers For Margaret Ville MCL

Margaret Ville –
Near Commonwealth MRT

Margaret Ville MCL Land, Margaret Ville Condo Site Plan

The MCL Land prides itself on values like innovation, dynamism and excellence. The company has over five decades of experience in developing premium quality residential properties in Singapore and Malaysia, and is a part of the leading Jardine Matheson Group, which constitutes part of Hongkong Land Holdings.

Some of the MCL’s high-profile development projects include LakeVille, Hallmark Residences, The Estuary, Ripple Bay, Este Villa and Waterfall Gardens. The exceptional quality of these developments is but a glimpse into the expertise that this seasoned development group brings to the Margaret Drive development.

Nearby Developments, Shopping, Schools to Margaret Ville MCL Land

Margaret Ville near Mei Ling Food Centre

Margaret Ville Condo boasts some pretty impressive neighbours, as it will be in close proximity with a couple of similar quality developments. For example, the Commonwealth Towers is a 43-storey skyscraper that will house almost 900 units, with listings that range from compact 1-bedroom flats ideal for singles, all the way to 4-bedroom condos suitable for big families. The price range for these will be in the region of S$750 000 to S$2.6 million, which will make for an interesting mix of upmarket residents.

Also in close proximity to Margaret Ville is the swanky Queens Condo, Stirling Rise and Alexis, all enjoying desirable rental yields and a very attractive environment. The residents of Margaret Ville condo will also enjoy being in close proximity to the town’s CBD, a diverse selection of top dining options, great shopping at the Queensway Shopping Centre, as well as access to Queenstown’s top medical facilities, including specialists and private specialists.

However, of all the facilities in the Queenstown, the area’s most impressive offering is in its fabulous schools. There are two primary schools and two secondary schools available for families with school-going children, as well as Global Indian International School’s Queenstown Campus. Within walking distance is the Queenstown Public Library, which provides a fantastic selection of literature for youth and adults alike.

All of these facilities and developments within Margaret Drive make for a very robust and inimitable environment, which is sure to attract a diverse assortment of upmarket occupants for Margaret Ville condo by MCL Land.

Margaret Ville Condo – Future Plans for Queenstown

Margaret Ville Near IKEA Singapore

Providentially, the government also has some grand and detailed plans for Queenstown, which include the development of community parks, special ‘green routes’ for cycling and running, as well as the Holland Village lifestyle destination, which has been a part of the town’s culture for decades. Other developments are also in the pipeline to stimulate the economy and diversify job opportunities, such as the Metropolis office building, Lucasfilm’s Sandcrawler, as well as Mediacorp’s new headquarters, which are sure to attract even more investment and residents to the area.

Register for Exciting Early Bird Privileges for Margaret Ville Condo

Needless to say, Margaret Ville Condo is well-placed in a rapidly growing town which is set to grow in leaps and bounds over the course of the following decades. It presents a once in a lifetime opportunity for investors and residents alike, to be an early part of this development, and further benefit in the years to come. To mark your interest and enjoy early bird privileges, register today!