5 Simple Statements About margaret drive gls Explained
5 Simple Statements About margaret drive gls Explained
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It is kind of startling to find out just the amount of has altered before couple of years along Commonwealth Avenue. The complete stretch just after Queenstown Secondary School has greatly morphed with the minimal-rise hawker centre, pool/ex-Film theatre, and old HDB blocks – to new sky-superior BTO blocks, and gleaming condos like Commonwealth Towers and Queens Peak. Margaret Ville was the next last progress to get launched (immediately after Commonwealth Towers and Queens Peak but just a month or so right before Stirling Residences). It drew bullish bids from 14 builders back again then, which was lastly received by MCL Land using a profitable provide of .238.39 million, or .997.eighty five for each sq ft for every plot ratio (PSF PPR). And Plainly, as it was launched later, it experienced a better land cost than both equally Commonwealth Towers (which Value .883 psf ppr), and Queens Peak (which Price tag .871 psf ppr).
It was Beforehand a flat piece of land, so there should are further Price tag incurred to construct this type of setup.
Admittedly, it isn’t likely to be the quietest, what with the school upcoming doorway and also the sounds within the targeted traffic and the MRT whooshing by at frequent intervals. Furthermore, it isn’t totally non-public as some sections of The varsity will neglect the pool.
The 3 bedroom models are thought to be a compact dimension, as you could rather Plainly see from the ground program. The 3rd typical Bed room can only match one bed, although it does have the advantage of an use of the balcony also.
Though there’s not A lot in method of greenery in this article, it’s a subtle and stylish glimpse. You are doing get that more upmarket feel in this article, and it Just about feels like you’ve arrived at a town hotel.
Margaret Ville at Margaret Drive has a website location of close to 51772 sq. ft. This enhancement device mix contains one to four-Bed room models. Very well-furnished and it has a superior ceiling and capacious structure. Long term inhabitants can appreciate the complete services made available from this property.
The tender drew fourteen bids from developers due to its interesting location and workable size, as well as potent participation may possibly prompt the Government for making obtainable a lot more land for residential improvement, house analysts said.
Another smaller draw back below is always that it doesn’t take pleasure in a direct connection (contrary to its rivals) towards the Alexandra Canal stroll which leads to the Alexandra Park Connector.
At 51,780 square ft, Margaret Ville sits on a regular rectangular plot of land that's about 40% of the dimensions of Queens Peak margaret drive condominium or Commonwealth Towers. It’s a small plot, but the preserving grace below is the fact that with just 309 units it doesn’t sense as crafted up and dense as the other two. You will be surrounded by three roads, and Queenstown Secondary, but there is thankfully some setback for the services from Commonwealth Avenue – which happens to be the busiest street on the three by a mile. They’ve also made the wise final decision to force the residential block as far back as attainable, While using the swimming pool as well as other services performing as being the “protect” for the people dwelling there.
The event can perhaps Construct 460 models of varied dimensions and kinds, catering to various requires and Tastes. More information regarding Margaret Drive Residences might be unveiled in May possibly 2024.
Stirling Residences even now remains the benchmark to conquer within the rapid region (it truly is the costliest land rate, In any case). I won’t be surprised to see Queens Peak and Commonwealth Towers reach .two,000 psf shortly anyway, offered the way even upcoming OCR new launch condos might be priced at.
Just the four bedroom models in this article have Room for your utility space (for helpers), so the more compact sizing furthermore the lack of kid’s centered facilities listed here does necessarily mean that you should not be observing lots of, if not any, family members with young Little ones taking up home at Margaret Ville.
I believe the most important attractiveness for me In relation to Margaret Ville is really the amount of models. 309 units in today’s context is very a sweet spot when you don’t want anything too dense but however have more than enough amenities to justify paying the monthly maintenance fee. Whilst it may not be as totally featured as nearby Competitors like Stirling Residences or Commonwealth Towers, for many people the additional exclusiveness that it offers could be worthwhile.
No matter if you might be an Trader searching for another terrific neighborhood household property to take a position in or you happen to be pondering settling your family down in a single of Singapore's highly sought-soon after districts.