The margaret drive residences Diaries
The margaret drive residences Diaries
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It is fairly startling to view just the amount of has modified in the past couple of years alongside Commonwealth Avenue. The complete stretch just after Queenstown Secondary School has significantly morphed within the reduced-rise hawker centre, pool/ex-movie theatre, and aged HDB blocks – to new sky-superior BTO blocks, and gleaming condos like Commonwealth Towers and Queens Peak. Margaret Ville was the next last enhancement for being launched (following Commonwealth Towers and Queens Peak but just per month or so just before Stirling Residences). It drew bullish bids from 14 developers again then, which was last but not least won by MCL Land which has a profitable provide of .238.39 million, or .997.eighty five for every sq ft per plot ratio (PSF PPR). And clearly, since it was launched later on, it had a better land cost than each Commonwealth Towers (which Price .883 psf ppr), and Queens Peak (which Expense .871 psf ppr).
As talked about however, the unblocked nature of it will transform Sooner or later as they are marked as residential plots. Margaret Ville Rate Overview
Since you have only just one residential block, the rest of the space feels quite open up when you are merely beside the soccer area of The college (and may be confirmed that openness for a while), plus you don’t have any tall buildings outside of the MRT tracks either.
The heated pool beckons by the dune crossover to the sandy shore. Are living the oceanfront Life-style. Lovely sunrises will greet you when you chill out on your own oceanfront balcony. Appreciate a cup of espresso When you view the morning sunrise over the ocean.
It’s very much a challenge for people searching for an financial investment device to rent out, with its close proximity to your MRT station as well as a latest common rental generate of 3.nine% which is pretty decent indeed. All in all, the costs at Margaret Ville are greatly in step with its Competitiveness at the moment, and we could however nonetheless see even more upward motion presented that it is nonetheless looked upon as a newly finished venture. Appreciation Investigation
The condo occupies a reasonably practical location in the region, nine minutes’ walk from both equally Commonwealth and Queenstown MRT stations.
To make certain, this isn’t really a condo improvement for kids in any case. It’s among the list of unusual number of condos with out a playground, as well as the smaller sized grounds also allow it to be a lot less beautiful Total. I’d say singles, and married couples who aren’t preparing on getting kids are going to be very satisfied to see the absence of child-relevant amenities.
Margaret Drive web-site in Queenstown strikes a great stability among historical allure, modern day conveniences, lush greenery, plus a lively Neighborhood, making it a sexy and strategic option for home in Singapore.
At 51,780 sq. feet, Margaret Ville sits on an everyday rectangular plot of land that may be about 40% of the size of Queens Peak or Commonwealth Towers. It’s a little plot, though the saving grace right here is the fact with just 309 units it doesn’t truly feel as created up and dense as another two. That you are surrounded by 3 roads, and Queenstown Secondary, but there is Fortunately some setback with the facilities from Commonwealth Avenue – that is the busiest highway of the 3 by a mile. They’ve also created the clever final decision to drive the household block as far back as doable, With all the swimming pool and also other amenities performing as being the “shield” for all those residing there.
The event can probably build 460 models of varied sizes and kinds, catering to distinct wants and Choices. Much more information about Margaret Drive Residences are going to be unveiled in Might 2024.
Regardless of the compact plot of land, the arrival region is an extremely impressive a single in fact. Judging from your House dedicated, it provides you with the margaret drive residences perception that you will be arriving at a Significantly even bigger enhancement. Some might say it’s a bold go for a smaller sized Room, but to me, I do think it’s paid out off.
Another thing to note would be that the services are usually not terribly kid-welcoming. There won't be any youngsters’s playgrounds or tennis courts in this article, Though You will find a children’s jet pool.
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In general, I think Margaret Ville is fairly a good selection for people who are prepared to pay out a far more for an attractive town fringe area. Such as, those Performing in town centre will really get to benefit from a shorter commute to work.