property right

99 Year Leasehold

developer

MCL Land (Regency) Pte Ltd

District

D03

completion date

January, 2021

floor size

1184sqft

bedroom

4

bathroom

3

floor level

furnishing

Partially Furnished

floor height

summary info

description

Walking distance to MRT, Well connected to expressway. Mins to CBD

Prime Location in District 3 – mins to CBD and Orchard Road Great Accessibility – Walking distance to Queenstown & Commonwealth MRT Station Great Connectivity – Well connected to main arterial road like Alexandra Road, Commonwealth Avenue, Farrer Road etc and major Expressway like PIE & AYE Surrounded by Great Shopping Malls – Ikea, The Star Vista, Orchard shopping belt, Vivocity, Tiong Bahru Plaza, Great World City etc. Close proximity to lifestyle amenities – Holland Village & Dempsey Hills Close proximity to Renowned Schools – National University of Singapore (NUS), Tanglin Trust School, Crescent Girls’ School, Anglo Chinese School (International) etc. High Rental Demand – Surrounded by offices such as One North, Central Business District (CBD), Mapletree Business City, Science Park, National University Hospital (NUH) etc. Greenery – Alexandra Canal Linear Park, Singapore Botanic Garden, Sentosa, Henderson Waves Riding on the extensive infrastructure of Queenstown, Margaret Ville condo is well-served by two major roads, Commonwealth Avenue and Queensway Underpass. Sitting on the plot of land next to Queensway Secondary School, Margaret Ville is conveniently connected to other parts of Singapore including Buona Vista, One-North, Alexandra, Holland Village and Pasir Panjang. Especially with the gazetting of the URA Master Plan 2014, the appeal of Margaret Ville in this mature housing estate looks to remain highly positive. In 2016, the Margaret Ville site was bought by MCL Land (Regency) at $997.85 per square foot per plot ratio (psf ppr). This was 14.5% higher than the nearby Queens Peak that is currently being built, which cost $871 psf ppr. Another common comparison is with another nearby site, Commonwealth Towers, which cost $883 psf ppr. Many have discussed Margaret Ville in comparison to Queens Peak and Commonwealth Towers. Margaret Ville seems to have a better advantage both in terms of scale, location and exclusivity.