SI INFO | Price of Margaret Drive New Release Condo
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Price of Margaret Drive New Release Condo

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Price of Margaret Drive New Release Condo

Price of Margaret Drive New Release Condo

Singapore – One of the most hotly contested land sales in recent years, happened to be along Margaret Drive in Dec 2016, receiving the highest bid of $238.39 million. The intense bidding war came from a total of 14 real estate industry firms, it signifies a very strong demand and the increase of local developer’s appetite on the government land sales programme. After winning over 13 other competitors during the tender exercise, it was awarded to MCL Land (Regency) Pte Ltd, a wholly-owned subsidiary investment arm of MCL Land Limited.

Going forward, the site of this new development has been named as Margaret Ville. It will be the latest project site on MCL Land’s pipeline ever since the successful releases of several others seen in other districts. Almost all of them are 100% fully sold at the time of writing and developer is eagerly pushing this out for sale in the hope of riding through the buying momentum in the current market.

However, due to the arrival of our Chinese New Year in mid-feb, a traditionally quiet period when most of the people are out celebrating on the happy occasions instead of visiting property showrooms. The official indicative prices will only be announced after the public holidays when all their souls are back to normal as well. If you are really keen in booking a unit there or to receive the latest updates on this new development, we suggest you contact them as early as possible from now onwards to gather the price of Margaret Ville Condo.

This project site is located strategically at Margaret Drive, along Commonwealth Avenue at Queenstown Singapore. Exactly in the mid-point of both Queenstown and Commonwealth MRT Stations. A few minutes of walking distance to either station will connect you to the rest of the island conveniently. If you came from other country and isn’t very familiar to the community here, you may draw some ideas of this estate from the Master Plan below.

queenstown master plan

As you can see from the plans above, our government is constantly redeveloping and injecting new infrastructures into this matured neighbourhood as homes in this area are highly sought-after due to the proximity to the city. There will certainly be a lot more to offer to the residents when all the recreational facilities construction completes.

If you are an investor looking to invest in this rejuvenating area, this new development by MCL Land has great upside potential in the mid to long term. It is not only near to the Central Business District (CBD), One-North Business Park where the clusters of Advanced Technological Companies, Media Industries and Biomedical Science gather, it is also not far away from the next exciting Business cum Commercial District in Jurong Gateway.

If you’re not aware, the 90 minutes high speed rail from Kuala Lumpur to Singapore and vice-versa will be built in Jurong East as well. (Jurong Lake District Master Plan).

If this information is not convincing enough, please contact them for Margaret Ville Price now!

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