Margaret Ville

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  5
 4
 0

Sale Price *

Average
S$ 2,122 psf
Range
S$ 1,934 - 2,307 psf

Rental Price **

Average
S$ 7.9 psf pm
Range
S$ 6.0 - 10.3 psf pm

Rental Yield **

4.4%

Rental income expressed as a percentage of the property's value.

Amenities

3.0
3.0

Convenience

3.7
3.7

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Margaret Ville is a leasehold (99 yrs from 2017) apartment completed in 2021. It is developed by MCL LAND (REGENCY) PTE LTD. The development occupies a land area of 4,827 sqm and a Gross Floor Area of 22,205 sqm. It consists of 309 units. According to records, buyers of this development are Singaporean 82.2%, PR 13.8%, Foreigner 4.0%, Company 0.0%.

MARGARET VILLE is located along Margaret Drive in Queenstown, in District 3. It is accessible through the nearest MRTs including Commonwealth EW20 and Queenstown EW19. The nearest schools are QUEENSWAY SECONDARY SCHOOL and NEW TOWN PRIMARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,934 psf to S$ 2,307 psf at an average of S$ 2,122 psf. Its highest recorded transaction was S$ 2,307 psf in Aug 2023 for a 463-sqft unit. Its lowest recorded transaction was S$ 1,595 psf in Sep 2019 for a 1,464-sqft unit. Its current rental yield is at 4.4%. Other nearby amenities include: 3 Childcare Centre(s): PCF SPARKLETOTS PRESCHOOL @ QUEENSTOWN BLK 365 (CC), PCF SPARKLETOTS PRESCHOOL @ QUEENSTOWN BLK 46 (CC), PCF SPARKLETOTS PRESCHOOL @ QUEENSTOWN BLK 145 (CC), and 3 Grocerie(s): SHENG SIONG SUPERMARKET PTE LTD, BLUEWATER SEAFOOD PTE. LTD., SHENG SIONG SUPERMARKET PTE LTD, and 3 Kindergarten(s): Mujahidin Mosque Kindergarten, Damien Centre Kindergarten, Queenstown Good Shepherd Kindergarten.

Buyers and tenants are attracted to District 3, which is comprised of Tiong Bahru, Alexandra and Queenstown. This district is located at the city fringe in the Central Region of Singapore and contains a good mix of public and private houses. District 3 is currently served by the East-West Line at Tiong Bahru MRT Station, Redhill MRT Station and Queenstown MRT Station. It takes approximately 10 minutes or less to commute from these stations to the Central Business District at Raffles Place MRT Station. Tiong Bahru is famous for its local food fare at the renowned Tiong Bahru Market & Food Centre. District 3 also houses an eclectic mix of specialty shops and heartland malls such as the Queensway Shopping mall and Tiong Bahru Plaza. On top of that, the world’s largest home furnishing retailer, IKEA, is situated at Alexandra road in Queenstown.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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Write a review
5
"Nice place to stay. Great ppl."
A**** T**
Google Review     |   07 May 2022
5
"Development by MCL. Layouts are squarish so no dead space in your condo. Functional layouts and ample storage space. Two pools, a gym and common kitchen / BBQ area. Arrival lobby is convenient for pick up and drop off. Thanks to the low rise churches and school adjacent to the condo, all units enjoy unblocked views. Units are quite breezy as well. Nearby is a big Sheng Siong market. Wet markets and hawker centers also at walking distance. Two MRT stations at walking distance (600m) and bus stop right in front. Queenstown library is also just down the road. Also close to North London Collegiate School and Tanglin Trust School if you are interested in sending your children to international schools."
H
Google Review     |   18 Jan 2022
5
"Nice location with beautiful view!"
C****** C***
Google Review     |   04 Dec 2021
5
"Very beautiful! Luxurious and exclusive "
K***** N*
Google Review     |   23 Sep 2021
5
"Conveniently located on the green line MRT, close to the Central Business District. Close to several schools and other conveniences."
E***
Google Review     |   26 Jan 2020
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
20
2
1

MARGARET VILLE - 20 - 2 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of MARGARET VILLE (Limited to 10)

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Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Asking Price of MARGARET VILLE

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
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0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of MARGARET VILLE

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

View More

thumb-images
2
$1,180,000

    • 1 bed
    • 1 bath
    • Apartment
    • D3
    • 2021
    • 99 years
    • S$ 2,550 psf
    • 20 Margaret Dr Alexandra
    Levon Teo
    send_enquiry
    thumb-images
    10
    $1,600,000

      • 2 beds
      • 2 baths
      • Apartment
      • D3
      • 2021
      • 99 years
      • S$ 2,290 psf
      • Margaret Drive
      Stella Ng
      send_enquiry
      thumb-images
      0
      $2,190,000

        • 3 beds
        • 2 baths
        • Apartment
        • D3
        • 2021
        • 99 years
        • S$ 2,390 psf
        • 20 Margaret Dr Alexandra
        Cheryl Chong
        send_enquiry
        thumb-images
        10
        View to Offer

          • 3 beds
          • 2 baths
          • Apartment
          • D3
          • 2021
          • 99 years
          • S$ 2,300 psf
          • Margaret Drive
          Ron Teo
          send_enquiry
          thumb-images
          10
          $1,450,000

            • 2 beds
            • 1 bath
            • Apartment
            • D3
            • 2021
            • 99 years
            • S$ 2,210 psf
            • Margaret Drive
            Yang Xin
            send_enquiry
            thumb-images
            10
            $1,600,000

              • 2 beds
              • 2 baths
              • Apartment
              • D3
              • 2021
              • 99 years
              • S$ 2,290 psf
              • Margaret Drive
              Silvia Yang
              send_enquiry
              thumb-images
              10
              $2,080,000

                • 3 beds
                • 2 baths
                • Apartment
                • D3
                • 2021
                • 99 years
                • S$ 2,270 psf
                • Margaret Drive
                Nicholas Oh
                send_enquiry
                thumb-images
                10
                $1,600,000

                  • 2 beds
                  • 2 baths
                  • Apartment
                  • D3
                  • 2021
                  • 99 years
                  • S$ 2,290 psf
                  • Margaret Drive
                  Christine Teo
                  send_enquiry
                  thumb-images
                  8
                  $1,588,888

                    • 2 beds
                    • 2 baths
                    • Apartment
                    • D3
                    • 2021
                    • 99 years
                    • S$ 2,270 psf
                    • Margaret Drive
                    Colin Ng
                    send_enquiry
                    thumb-images
                    10
                    $1,600,000

                      • 2 beds
                      • 2 baths
                      • Apartment
                      • D3
                      • 2021
                      • 99 years
                      • S$ 2,290 psf
                      • Margaret Drive
                      Silvia Yang
                      send_enquiry

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