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Margaret Ville | Margaret Drive Condo near Queenstown MRT

$ 949.000
Margaret Drive, ,
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Latest update on Margaret Ville (as of 30 Jul 2018)

Project Summary of Margaret Ville

CategoryDetails
Project NameMargaret Ville
Location20 Margaret Drive
DeveloperMCL Land
Site Area51,775 sqft (4,810 sqm)
Tenure99 years leasehold from 13 March 2017
District3 (Queenstown / Redhill/ Tiong Bahru)
Description40-storey residential block with 3 basement carparks, landscape deck with swimming pool and facilities
Unit Mix1 BR (463 sqft): 39 units
1 BR + Study (527 sqft): 39 units
2 BR (657 / 700 sqft): 78 units
2 BR + Study (829 sqft): 36 units
3 BR (915 / 969 sqft): 78 units
4 BR (1184 sqft): 39 units
Facilities/ FeaturesLobby lounge, alfresco dining pavilion, infinity edge pool, gym and executive club lounge
Carparks247 carpark lots and 3 handicap lots
Maintenance Fee1 BR - $290 per month
2 BR / 3 BR - $348 per month
4 BR - $406 per month
Expected TOP Date31 December 2021
Project/ Design ArchitectArchitects 61
Landscape ConsultantTinderbox

Register now to obtain latest information on Margaret Ville !

Text ‘Margaret Ville’ & YOUR NAME TO Clement Ying (+65)97837903 or drop an e-mail to clementying.huttons@gmail.com for registration now !

Location of Margaret Ville

TypeDescriptionDistance (km)
TransportationQueenstown MRT0.6 km
Nearest bus stop0.2 km
Ayer Rajah Expressway (AYE)2.5 km (4 mins drive)
Shopping/ DiningThe Woodleigh Mall0.1 km (Opposite)
The Poiz Centre0.9 km (1 MRT stop/ 5 mins drive)
The Venue Shoppes1.2 km (1 MRT stop/ 5 mins drive)
NEX1.3 km (1 MRT stop/ 5 mins drive)
City Square Mall5.0 km (3 MRT stops/ 10 mins drive)
Education (Primary Schools)Queenstown Primary0.7 km
New Town Primary0.85 km
Gan Eng Seng Primary2.6 km
Fairfield Methodist Primary2.7 km
Alexandra Primary2.8 km
Henry Park Primary3.3 km
Education (Secondary Schools)Queensway Secondary0.25 km
Queenstown Secondary0.25 km
Crescent Girls'1.7 km
Fairfield Methodist Secondary1.9 km
Anglo-Chinese School (Independent)3.1 km
School of Science and Technology3.3 km
Education (Tertiary & Above)MDIS0.5 km
Anglo-Chinese Junior College 2.6 km
ESSEC Business School 2.9 km
INSEAD3.0 km
Singapore Polytechnic 3.5 km
National University of Singapore 3.8 km
International SchoolsGlobal India International School1.0 km
Anglo-Chinese School (International) 2.0 km
Avondale Grammar School2.0 km
Melbourne Specialist International School2.7 km
Tanglin Trust School2.8 km
United World College (Dover Campus)3.4 km
Business ParksBiopolis (Biomedical research)2.3 km
Mediapolis (Media industry)2.8 km
Fusionpolis (Infocomm)3.1 km
JTC Launchpad (Start-ups)3.1 km
Science Park I3.3 km
Mapletree Business City3.7 km
CBD6.1 km
Shopping & DiningDawson Hawker Centre and commercial shops 0.3 km
Alexandra Central, IKEA, Anchorpoint & Queensway Shopping Centre 1.6 km
Holland Village 2.0 km
Star Vista & Rochester Park 2.2 km
Timbre+ 2.8 km
Dempsey Hill 3.2 km
Tiong Bahru Plaza 3.3 km
Valley Point 3.7 km
Orchard Shopping Belt 4.0 km
Parks & RecreationKent Ridge Park2.4 km
Hort Park3.0 km
Singapore Botanic Gardens3.0 km
Labrador Nature Reserve4.2 km
Mount Faber4.3 km
Sentosa6.7 km
Gardens by the Bay7.7 km
Hospitals / Medical Centres Queenstown Polyclinic 0.45 km
Alexandra Hospital 2.5 km
Camden Medical Centre 3.0 km
Gleneagles Hospital 3.4 km
National University Hospital 3.7 km

Margaret Ville Facilities

Margaret Ville Unit Layouts

1BR Type A1 Unit Layout

1BR with study Type A2 Unit Layout

2BR 1 Bath Type B1 Unit Layout

2BR 2Bath Type B2 Unit Layout

2BR with study Type B3 Unit Layout

3BR Type C1 Unit Layout

3BR Type C2 Unit Layout

4BR Type D Unit Layout

Margaret Ville Interior Finishing

Margaret Ville Developer

As a leading property group in Singapore, MCL Land has an extensive record of building quality and prime residential homes in both Singapore and Malaysia over the past 40 years. Notable developments to date include The Estuary, UBER 388, Este Villa, Terrasse, Palms @ Sixth Avenue, Hallmark Residences, Ripple Bay, J Gateway, Lakeville, Sol Acres and Lake Grande. With their commitment as a premier and reputable property group, they are dedicated to delivering superior customer satisfaction and shareholder value growth.

Comparative Market Analysis with recent launches

In this comparison, we shall be comparing Margaret Ville with recent new launches near Queenstown MRT, namely Queens Peak and Commonwealth Towers. At the point of writing, Commonwealth Towers is already fully sold and Queens Peak is approximately 90% sold.

 

Connectivity

In terms of connectivity, Margaret Ville is 650m from Queenstown MRT station, which is further compared to Queens Peak (150m via link bridge) and Commonwealth Towers (150m via link bridge). However, it enjoys the same bus services that provides direct transport to work (CBD, One-North and Mapletree Business City)  and lifestyle clusters (Holland Village, Orchard and Marina Boulevard).

Surroundings

In terms of surroundings, Margaret Ville is next to Queenstown Secondary School and opposite 2 churches (The Fisherman of Christ Fellowshop and Church of Our Saviour). The Queenstown Community Centre and Queenstown polyclinic would also be opposite Margaret Ville.

In contrast, Commonwealth Towers would be next to Queens Peak, Queenstown MRT station and the Alexandra Canal & Linear Park. Beyond the Alexandra Canal & Linear Park would be the upcoming high rise HDB estate (Dawson site B), which is 45 storeys high. For Queens Peak, it will also be next to Commonwealth Towers, Queenstown MRT station and the Church of the Good Shepherd. Beyond the Alexandra Canal & Linear Park, would be the Queenstown Primary School and existing HDB estate at Strathmore Avenue.

All the 3 projects are within walking distance to the new HDB estate in Dawson which would comprise Dawson Hawker Centre and new commercial shops for the convenience of the residents. The Queenstown Public Library would also be close walking distance to all three projects.

 

Unit Distribution
In comparison with the other projects, Margaret Ville is the smallest project with only 309 units, which would mean sharing of communal space with lesser residents.

In terms of unit types available, Margaret Ville offers a 2BR with study layout, which is not found in Queens Peak and Commonwealth Towers. In terms of size, Margaret Ville offers the largest 1BR with study layout. However, 2BR, 3BR and 4BR units are comparatively smaller than Queens Peak and Commonwealth Towers.

In terms of floor distribution, each floor of  Margaret Ville would usually comprise 8 units of various unit types from 1BR to 4BR evenly distributed up to 40 storeys high. Commonwealth Towers follow a similar pattern, with 1BR  to 4BR evenly distributed up to 44 storeys high. In contrast, Queens Peak is more unique. 1BR units, 2BR units and the smallest 3BR units can only be found from the 8th floor to 26th floor. The larger 3BR units, 4BR and 5BR units can only be found from 28th floor onwards. As a result of such floor distribution, this could also mean a shortage of supply of 2BR units from 28 floors onwards as well as 3BR and 4BR units below 28 floors.

In terms of carpark distribution, Margaret Ville follows the footsteps of Queens Peak, providing carpark lots for only 80% of the units. This is based on the assumption that approximately 20% of the units would be tenanted and tenants do not possess their own vehicle (since there is public transportation nearby).

Existing projects nearby

Besides these new developments, there are also older condominiums such as The Anchorage (Freehold, TOP 1997), Queens (99 years, TOP 2002) and Alexis (Freehold, TOP 2012).

Future developments around Margaret Ville

There would be a new HDB estate in Dawson, namely Site A (SkyResidence @ Dawson) and Site B (SkyOasis @ Dawson). which would comprise Dawson Hawker Centre and commercial shop units (conservation of the former Commonwealth Avenue Wet Market) . By the time Margaret Ville is completed, residents would get  to enjoy the amenities of this new estate. It is also within walking distance to the Queenstown Public Library, which the oldest library branch still standing in Singapore and is also conserved by the National Heritage Board.

In future, there would also be a commercial development near Queenstown MRT, as evidenced in the URA masterplan.

According to the URA masterplan, there would also be new residential estates in the vicinity. The area with gross plot ratio of 2.1 is now empty land, which would mean that the maximum height of the buildings would only be 24 storeys high, lower than Margaret Ville which would be 40 storeys high. The area with gross plot ratio of 3.0 is currently occupied by the HDB terrace estate along Stirling Road, with possible redevelopment to high rise residential estate in the future. Other nearby plots are still subject to detailed planning but it would be residential and further away from the Queenstown MRT station.

From URA masterplan, there are also 2 reserve sites nearby. One of them is currently occupied by the Margaret Drive Dormitory while the other is even larger, currently occupied by MDIS Stirling Road campus. Reserve sites could mean future redevelopment for more amenities in future.

With such future developments going on, this would mean that there could possibly be more amenities for residents of Margaret Ville and be one of the first movers of this upcoming residential estate.

Why Invest/Buy Margaret Ville ?

1. Reputable Developer: MCL Land  (under SGX listed Hong Kong Land and Jardine Matheson Holdings)

2. Minutes walk to Queenstown MRT and Commonwealth MRT, variety of buses & short drive to Ayer Rajah Expressway (AYE) to get to different parts of Singapore

3. Close to lifestyle amenities including IKEA Alexandra, Alexandra Central, Queensway Shopping Centre, Holland Village, Rochester Park and Dempsey Hill

4. Near to schools including Queenstown Primary School, Queensway Secondary School , Anglo-Chinese School (International), Global Indian International School (GIIS) and Management Development Institute of Singapore (MDIS). Also a short distance away to Dover Education Cluster Angl-Chinese School (Independent), Anglo-Chinese Junior College, Singapore Polytechnic, NUS High School  of Maths and Science, School of Science and Technology), Nepal Hill Education Cluster (INSEAD Business School, Essec Business School), National University of Singapore (NUS) and Singapore Management University (SMU)

5. Close to established offices and business districts including One-North, Science Park I & II, Mapletree Business City, Habourfront and Central Business District

6. Close to upcoming HDB Dawson Site A, which will include 3-storey hawker centre, 2 storey commercial shops and high-rise commercial development

7. Near to 2 major transformations: Jurong (upcoming 2nd CBD in Singapore and the Jurong Lake District Precinct) and the Greater Southern Waterfront City

8. Located close to the prestigious District 10  precinct and GCB estate of Ridout Road

Get to enjoy the convenience of being in the city fringe near Queenstown MRT and convenient to surrounding amenities

Text ‘Margaret Ville’ & YOUR NAME TO Clement Ying (+65)97837903 or drop an e-mail to clementying.huttons@gmail.com for more information and free consultation for this project.

Get the latest information for your preferred units Now by Registering with Developer 

Don't miss out on another wonderful development by MCL Land

Text ‘Margaret Ville’ & YOUR NAME TO Clement Ying (+65)97837903 or drop an e-mail to clementying.huttons@gmail.com for more information and free consultation for this project.

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Margaret Ville Condo Facade View

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Rental Yield Assured at 7% p.a for 3 years
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Long Lease of 250 year
Only £2500 Reservation Fee

INVESTMENT OPTIONS
Studio 344sqft from £99,950 + FP: £4000
1 Bedroom 431sqft from £124,000 + FP: £5000
2 Bedroom 603sqft from £172,000 + FP: £7000
*FP (Furniture Pack is compulsory for Rent Assurance)

Prices and information are on a while stocks last basis

Get more information of other surrounding projects Now

Don't miss out on a chance to learn more about surrounding projects

Text YOUR NAME TO Clement Ying (+65)97837903 or drop an e-mail to clementying.huttons@gmail.com for more information and free consultation of surrounding projects.

Address: Margaret Drive
City:
State/County:
Zip: 149297
Country: Singapore
Property Id : 10710
Price: $ 949.000
Rooms: 1
Bedrooms: 1
Bathrooms: 1
Developer: MCL Land
My details

Clement Ying

Associate Marketing Consultant (R058732C)

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