CategoryReal Estate

Margaret Ville Condo – New Launch by MCL Land (Regency)

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Margaret Drive Perspective

Margaret Ville Condo is the latest development by MCL Land (Regency). Located between Margaret Drive and Commonwealth Avenue, it is situated in an established HDB estate with plenty of new developments, including minutes drive to iconic attraction – Holland Village in Singapore.

The condo land parcel at Margaret Drive received a top offer of $238.39m for the 22,195 sqm residential plot – (Press Release for Margaret Drive)This indicates strong demand and the bid was awarded to established MCL Land (Regency).

MCL LAND Logo

The project is officially announced at the end of 2017 with indicative prices expected to be released after CNY 2018. For starters, one may refer to the following Queenstown Masterplan by URA to get an idea of the estate Margaret Ville Singapore is developed in:

Margaret Ville - Queenstown Masterplan

As seen, new housing choices will be made available in the area, including Holland Village, Ghim Moh, and Margaret Drive itself. The increased pool of housing options is to cater for the surrounding new developments in leisure and economic outlay.

For example, a new community park will be planed along with the renovation of Commonwealth Avenue Wet Market. Queenstown offers a wide range of recreational facilities and landscapes for residents of all ages and is well connected to the park connector network. The ‘Round Island Route’ will make it easier for residents to walk or cycle to other parks and attractions.

Economic wise, Margaret Ville Condo has great investment potential due to the growth at one-north – where the new Mediacorp headquarters is housed, along with Lucasfilm’s Sandcrawler at Fusionpolis.

Margaret Ville Singapore – What is the expected Price?

Currently, the price psf will only be released after CNY 2018. Do register early with the Margaret Drive Official Developer Team to keep updated with the latest news. For now, we are certain there will be at least 1 to family bedroom options, with a total of 275 units. The estimated psf will be aligned with surrounding Condominiums to keep it competitive by MCL Land.

Here are the top 6 reasons why we expect the prices of Margaret Ville to be competitive (and investment worthy!):

  • Excellent Connectivity
  • Near Prestigious Schools and Education Hub
  • Centralized Location and Minutes to Orchard Road, Vivocity, CBD and Marina Bay
  • Strong Tenant Base from Surrounding Business Parks such as One-North, Mediapolis, Science Park
  • Great for Families near good schools and strong amenities
  • Potentially high rental demand

Margaret Ville Condo Project Details

Location Map and Surrounding Amenities

Margaret Ville Perspective Location Map

Margaret Ville Condo will be beside Commonwealth MRT and Queenstown MRT. Residents will find transportation convenient and minutes to big box shopping like IKEA. Here are some hubs that will be situated closeby: One North, Fusionopolis and Holland Village.

Education wise, Queenstown is known for the variety and strength of the education facilities and options. There is Queenstown Primary School, Queensway Secondary School and Anglo-Chinese School (International), Bukit Merah Secondary School, New Town Secondary School, Tanglin Trust School and Crescent Girls School.

Register for Early Preview for Margaret Ville

As mentioned by Mr Ong Kah Seng, director of property consultancy R’ST Research: He said that the Margaret Drive site could be sold at a high pricing and have a strong edge over its neighboring sites.

To find out more, do sign up for the showflat preview today!

Parc Botannia Condo Press Release

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Parc Botannia is a brand new condominium to be jointly developed by Sing Development and Wee Hur development in Singapore. The project was tendered official on September 27th, with a winning bid of S$287.1 million. The Singapore Government has deemed this project as a step towards expanding the North-East Area of Singapore, in Fernvale Road at Sengkang.”

The residents of Sengkang have exciting news coming their way with the government masterplan. Parc Botannia, a brand new condominium project, is to be jointly developed by Sing Development and Wee Hur Development.

According to the local government, the project was tendered official on September 27th, with a winning bid of S$287.1 million. Following close behind is China’s Constructions proposal of S$287.09 million. The Housing Development Board foresee this as a positive outlook of the North-East Area of Singapore to evolve into a well-equipped sub-city on its own.

To accommodate the rising new population growth and housing requirements, this development offers 735 units across a variety of 1 to 5 bedroom, with 17,196.4 meters squared, a maximum gross floor area of 51,590 meters squared, and an accompanying 99 years leasehold.

Wee Hur Holdings LTD is one of the developers working on the Parc Botannia Condo. They have been creating housing residences in Singapore since their establishment in 1980. In January 2008, this company was listed on Singapore’s Exchange Mainboard, holding many years of experience.

Sing Development is another project development company that won the public tender for this project. They have been in existence since 1964, holding over 50 years of experience. This company is well-rounded, dedicated, and has the experience necessary to build an establishment such as this one. Recent developments performed by Sing Development include residential projects such as the BelleRive in Bukit Timah area or Waterwoods project in Punggol.

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