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TOP Year 2021      .       7 Mins Walk to MRT      .       HOTLINE: (+65) 8876 2984
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MARGARET VILLE CONDOMINIUM


Margaret Ville Singapore Condo Logo

Margaret Ville is a new condominium in the Queenstown/Commonwealth neighbourhood, on the outskirts of the Orchard Road area and 7 minutes walk from Queenstown MRT station. This is a city fringe RCR (Rest of Central Region) location that is considered fairly prime.

It is being developed and launched for sale in the 2nd quarter of 2018 by MCL Land Pte Ltd. The Margaret Ville condo sits on a corner site, and comprises a single 40 storey tower soaring high above its immediate neighbours. So much so that higher floor units may get views southwards to the Southern Ridges green belt, or north to Dempsey Hill and the Singapore Botanic Gardens.

Margaret Ville Condo Location Plan

Margaret Ville Location . 7 mins walk to Queenstown MRT station . Click to Enlarge

This location is within the Margaret Drive Estate, also known as Duchess Estate that was formed as part of Queenstown satellite town, named in honour of the coronation of the present Queen Elizabeth. Several streets in Queenstown were named after members of the British Royal family, with Margaret Drive being named after Princess Margaret, the Queen’s sister.

This is a mature estate undergoing rejuvenation, and generally favoured for its proximity to the city centre. It is also bordered by some quite illustrious neighbourhoods. Like the Swettenham Road Good Class Bungalow area and Dempsey Hill on its north-east, Holland Road to its north west, and the research hubs and business parks of One-North to its west.

New HDB flats in the vicinity of the Margaret Ville condo are among the most highly priced BTO flats, and some resale HDB flats have crossed the $1 million mark.


MARGARET VILLE CONDO · FACTSHEET

Name Margaret Ville
Developer MCL Land (Regency) Pte Ltd
(Co. Reg. No. 201512734R)
Status Condominium (Foreigners eligible to buy)
Address 20 Margaret Drive, Singapore 149312
20 Margaret Drive #01-01 Singapore 149312 (Management Office)
District 03
Site Area 4,809.8 m² (51,772 sq ft)
Floor Area 22,195 m² (238,905 sq ft)
Plot Ratio 4.62
Tenure 99 years leasehold w.e.f. 13 March 2017
T.O.P. Date 31 December 2021
No. of Blocks 1
No. of Storeys 40
No. of Units 309
No. of Car Spaces 247 Car Spaces + 3 Handicap Spaces
Description 40-Storey Residential Flat Development (Total 309 units) with 3 Basement Car park & Landscape Deck with Swimming Pool and Communal Facilities on Lot 05097N MK 03 at Margaret Drive
Architect Architects 61 Pte Ltd
Main Contractor TPS Construction
Structural Engineer KCL Consultants Pte Ltd
M & E Consultants Rankine & Hill (S) Pte Ltd
Quantity Surveyor Davis Langdon KPK (S) Pte Ltd
Landscape Consultant Tinderbox Pte Ltd
Developer’s Solicitor Dentons Rodyk & Davidson LLP
Project Account UOB For Project Account No. 451-306-703-2 of MCL Land (Regency) Pte Ltd
Bank SWIFT Code UOVBSGSG

MARGARET VILLE FLOOR PLANS

The Margaret Ville floor plans are not finalised yet. Kindly drop us a note below if you would like the Margaret Ville condo floor plans to be emailed to you once available.


MARGARET VILLE SITE PLAN

Margaret Ville Condo Location Plan Zoning

Margaret Ville Location Plan . From URA Master Plan 2014 . Click to Enlarge

The Margaret Ville condo site enjoys 3 frontages. It is a corner site bounded by Margaret Drive and Commonwealth Road. It also has the advantage of mainly low rise immediate neighbours.

On its north west is Queensway Secondary School (light green marked E on the map), and a small patch of open space (olive green). On its south east are 2 churches (dark red marked W). To its north-east is residential land, but with a plot ratio of 2.1 compared to the 4.62 plot ratio for Margaret Ville. So neighbouring blocks to its north-east could be about half its height.

This means higher floor units at the Margaret Ville condo will get comparatively open views, and the whole project won’t feel too hemmed in.

Margaret Ville Condo Site View

Margaret Ville Site seen from Margaret Drive . From Google Maps


MARGARET VILLE SHOWFLAT · VIEWING

The Margaret Ville showflat is not open for viewing yet. Please drop us a line below if you wish to be kept posted on when the Margaret Ville condo showflat opens.


MARGARET VILLE PRICES · TYPES

Margaret Ville Condo Prices . Unit Types & Sizes

UNIT TYPES . SIZES

Unit Description Type No. of Units Strata Area
(sq m)
Strata Area
(sq ft)
1 Bedroom A1 39 43 463
1 Bedroom + Study A2 39 49 527
2 Bedroom B1 39 61 657
2 Bedroom B2 39 65 700
2 Bedroom + Study B3 36 77 829
3 Bedroom C1 39 85 915
3 Bedroom C2 39 90 969
4 Bedroom D1 39 110 1,184
Total Number of Units 309

Floor areas stated includes any Voids, Patios, Balconies, Terraces, A/C Ledges.

Margaret Ville Prices

MARGARET VILLE PRICE RANGES

Status as at 10 April 2018 – prices not finalised yet. Please drop us a note below if you wish to be kept posted on the pricing.

The Margaret Ville condo prices will only be announced on the day sales open. Meanwhile, analysts have estimated an indicative pricing range as follows.

MCL Land topped the bid at this URA land sale in December 2016, out of a strong field of 14 contenders. It lodged $238.39 million, or $997.85 per sq ft per plot ratio (PSF PPR).

Dr Lee Nai Jia, head of South-east Asia research at Edmund Tie & Company, said that while the bid may seem bullish, the Margaret Ville price is actually reasonable, due to the location of the land parcel. It is also pretty much in line with market trends for both government land and enbloc sales.

Especially seen against the next Queenstown land sale near by, at Stirling Road, that was won by Hong Kong’s Logan Property & Chinese developer Nanshan Group, with a top bid of over $1 billion, or $1,050 PSF PPR.

Dr Lee expects breakeven price for the Margaret Ville condo to come in at about S$1,600 to S$1,700 PSF. So prices at the launch could be around $1,900 to $2,000 PSF.


MARGARET VILLE SINGAPORE · DEVELOPER

Margaret Ville Singapore is being developed by MCL Land Pte Ltd.

MCL Land is one of the most reputable property developers in Singapore. It is a member of the Jardine Matheson Group under Hongkong Land Holdings, with an extensive track record over 40 years, of developing quality homes in Malaysia and Singapore.

Many of these are really nice projects, such as Parvis @ Holland Hill, Hallmark Residences @ Bukit Timah, The Grange, The Esta @ Amber Gardens, Este Villa @ Seletar Estate, Uber 388 @ East Coast, The Palms @ Sixth Avenue, The Peak @ Balmeg, The Estuary, and Terrasse.

MCL Land has a reputation for value and quality. It has also been very successful in recent times with its projects in the west of Singapore, like at J Gateway at Jurong Central that completely sold out at its opening day. Other recent projects include LakeVille and Lake Grande, both in the Jurong Lake District too.

Hallmark Residences . By MCL Land . Developer for Margaret Ville Singapore

Hallmark Residences . By MCL Land . Developer for Margaret Ville Singapore


MARGARET VILLE LOCATION · FEATURES

  1. Location. The Margaret Ville location is on the city fringe, a 10 minute drive from the Orchard Road shopping belt, and near the Central Business District (CBD) and Marina Bay Financial District, as well as the future Greater Southern Waterfront City.

  2. Shops, F&B, Supermarkets, Entertainment and Leisure. Within its immediate vicinity, it is located in a mature residential estate supported by a full range of amenities. Such as shops, food centres, supermarkets, student and child care centres, parks, sports complex, library, in the neighbourhood.

    Also shopping, dining and entertainment options slightly further afield at IKEA Alexandra, The Anchorage, and Alexandra Central (a new hotel and retail development).

  3. Nearest MRT Station. The Queenstown MRT station on the East-West line is around 550m, roughly 7 minutes walk away.

    Along this line, 2 train stops up, is Vista Xchange, the corporate and business support centre of One-North. The epitome of 24/7 city-centre living, it houses high-rise offices, a business hotel, and the Star Vista retail-cum-entertainment hub with over 100 stores.

  4. Potential Residents. The Margaret Ville location has the advantage of being close to several institutes of higher learning, research hubs and integrated business parks. Like at One-North (Fusionopolis, Mediapolis, Biopolis), Alexandra Technopark, National University of Singapore (NUS), and Mapletree Business City I and II.

    One-North alone has a thriving community of more than 18,000 researchers & professionals working in public research institutions such as ASTAR (Agency for Science, Technology and Research), and business schools like INSEAD and ESSEC.

  5. Accessibility. The Margaret Ville location is around 5 to 10 minutes drive to the Ayer-Rajah Expressway, and from there to the major highways. Also connected by MRT island-wide.

  6. Parks and Nature Walks. Near some of the nicest nature reserves and walks in Singapore: the Southern Ridges Green belt. This walk, that stretches from Kent Ridge Park, via HortPark and Telok Blangah Hill Park, to Mount Faber Park, boasts elevated walkways in the midst of treetop greenery. With the Henderson Waves and Mount Faber Cable Car Station thrown in.

  • 1 to 3 Mins Walk to MRT
  • 10 to 12 Mins Walk to MRT
  • 13 to 15 Mins Walk to MRT
  • 16 to 18 Mins Walk to MRT
  • 19 to 21 Mins Walk to MRT
  • 22 to 24 Mins Walk to MRT
  • 25 to 27 Mins Walk to MRT
  • 28 to 30 Mins Walk to MRT
  • 4 to 6 Mins Walk to MRT
  • 7 to 9 Mins Walk to MRT
  • Deferred Payment Scheme
  • Luxury High-End Project
  • Near Park / Nature Reserve
  • Near Reservoir
  • Near Shopping Mall
  • Near Sports Complex
  • Payment Scheme
  • Prime District
  • Progressive Payment Scheme
  • Proximity to Primary School
  • Sea / Water Views
  • Special Discounts
  • Special Features
  • Star Buys
  • Walk to MRT
  • Within 1KM of Ai Tong Primary School
  • Within 1KM of Catholic High
  • Within 1KM of Cedar Girls Primary School
  • Within 1KM of Holy Innocents Primary School
  • Within 1KM of Maris Stella
  • Within 1KM of Nan Chiau Primary School
  • Within 1KM of Nan Hua Primary School
  • Within 1KM of Ngee Ann Primary School
  • Within 1KM of Raffles Girls Primary School
  • Within 1KM of River Valley Primary School
  • Within 1KM of Rosyth Primary School
  • Within 1KM of St Andrews Primary School
  • Within 1KM of Tao Nan Primary School

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