For Sale $974,700 - SOLD! - Apartment, Condominium, Residential
Another premium development by MCL Land. Located in District 03 and along the Margaret Drive. Exclusively only 309 units. If quality is something that you are looking at right now, perhaps Margaret Ville will be one of your better choices.
Call 6100 0339 for booking
Margaret Ville Factsheet:
Project Details | Margaret Ville |
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Developer | MCL Land (Regency) Pte Ltd |
Location | 20 Margaret Drive, Singapore 149312 |
Tenure | Leasehold 99-years from 13 March 2017 |
Expected T.O.P. | 31 December 2021 |
Expected Legal Completion | 31 December 2024 |
No. of Blocks/ Storeys | 40 storeys |
Total No. of Units | 309 units |
Site Area | Approx 51,775 sq ft (4,809.8 sq m) |
Car Park Capacity | 247 carpark lots and 3 handicap lots |
Unit Types/ Maintenance Fees | $58 per share (estimated) |
Architect | Architects 61 Pte Ltd |
Main Contractor | TPS Construction Pte Ltd |
Structural Engineer | KCL Consultants Pte Ltd |
M &E | Rankine & Hill (S) Pte Ltd |
Quantity Surveyor | Davis Langdon KPK (S) Pte Ltd |
Landscape Consultant | Tinderbox Pte Ltd |
Conveyance Solicitor | Dentons Rodyk & Davidson LLP |
Margaret Ville Units Mix:
Type | Typical Unit Size (sq ft) | Unit Nos. | % |
---|---|---|---|
A1 | 1 Bedroom | 463 | 39 |
A2 | 1 Bedroom + Study | 527 | 39 |
B1 | 2 Bedroom | 657 | 39 |
B2 | 2 Bedroom | 700 | 39 |
B3 | 2 Bedroom + Study | 829 | 36 |
C3 | 3 Bedroom | 915 | 39 |
C2 | 3 Bedroom | 969 | 39 |
D1 | 4 Bedroom | 1184 | 39 |
- TRANSPORTATION: 4.0/5
If you are working in the Pasir Panjang, One North or Current CBD, then you will appreciate how near is Queenstown to all the above-mentioned working place.
Located quite near to Queenstown MRT station, you can easily take a stroll to MRT. From Queenstown MRT, it takes you only 5 stops to Raffles Place. It takes only 2 stops to Buona Vista, the interchange between East-West Line and the Circle Line.
- AMENITIES: 4.0/5
Queenstown is no lack of amenities. It is one of the earliest towns in Singapore history. If you’re looking for nice food, then you should not miss Mei Ling Food Centre.
The coffeeshop will be within a short walk. Located at the opposite blocks, the Dawson Hawker Centre will be ready in 2020, just nice before the residents in Margaret Ville move in.
- RENTABILITY: 4.5/5
Because this is only one bedroom, chances that this could be one of your investment properties. Tenants will love the place because of the distance to the MRT, already existing amenities and eateries nearby.
Take a look at Commonwealth Tower (CWT), which is just right next to Queenstown MRT. This project is TOP in 2017, which is the benchmark for the rents in the Queenstown area.
Date | Address | Area (sqft) | Bedrooms | Monthly Rent (S$) |
---|---|---|---|---|
May 19 | CWT | 400 to 500 | 1 | 2,400 |
May 19 | CWT | 400 to 500 | 1 | 2,500 |
May 19 | CWT | 400 to 500 | 1 | 2,600 |
May 19 | CWT | 400 to 500 | 1 | 2,400 |
May 19 | CWT | 400 to 500 | 1 | 2,600 |
Source: EdgeProp (May 2019)
The average rent for one bedroom in Commonwealth is transacted at about $2,500. Assuming ceteris paribus, $2,500 per month translates into 3% rental yield or $5.39 psf, which is quite a decent number to look at.
Wait no more, come and take a look at this awesome project name “Margaret Ville”. Give us a call at (65) 6100 0339 or drop us a text at (65) 8666 3339. Happy to see you take action and take action now.
Additional Details
- Sales Percentage:: 100% SOLD (UPDATED 23 JUNE 2020)
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