Margaret Ville is the new urban condominium development in Queenstown, strategically located along Margaret Drive, District 3, Singapore. Developed by prestigious Singapore-listed developer MCL Land, the development comprises 309 units with home choose from cosy 1-bedroom to exclusive 4-bedroom. Target launch in 2018, the condo will become an opportunity for both investors and homebuyers.
|Project Name||Margaret Ville Singapore|
|Developer||MCL Land (Regency)|
|Location||Margaret Drive/ Commonwealth Avenue (Queenstown Planning Area)|
|Tenure||99 years leasehold|
|Site Area||4,809.73 sqm / 51,772 sqft|
|GFA||22,195 sqm / 238,905 sqft|
|Total Units||309 residential units|
|No Of Blocks||TBA|
|Unit Types||1 Bedroom to 4 Bedroom|
Situated in the same urban as some of Singapore's most renowned addresses. Just a stone's throw away from Commonwealth MRT Station and Queenstown MRT Station.
Margaret Ville Condo brings to future residents the ability to live in elegance by allowing premier living spaces and a myriad of luxurious facilities including the infinity swimming pool, lap pool, jacuzzi, fitness and yoga, spa lounge, BBQ pits, dining pavilion, functional room and more. A beautiful blend of contemporary architecture and supreme design elements that are created to stand the challenge of time.
Margaret Ville Residences is right in the heart of the Singapore city. Minutes from the Queenstown MRT Station and Commonwealth MRT Station, coupled with the connectivity of public transportation mere steps away, like Ayer Rajah Expressway, Queensway Road and Alexandra Road. Youth and unbridled energy shine through with many education hubs such as Maris Stella Kindergarten, Primary Schools of New Town, Secondary School of Queensway and Anglo-Chinese Junior Collge.
According to Urban Redevelopment Authority (URA), 360-hectare Jurong Lake District to create more than 100,000 new jobs and 20,000 homes built.
The Jurong Lake District project was first announced in 2008 as part of URA' plan to bring more recreational options and jobs in the heartlands, expected to be completed after 2040 and it plans to become the area into Singapore's second central business district.
URA said that the new jobs will be made in sectors such as the technology sector with the planned Jurong Innovation District and the Nanyang Technological University nearby, infrastructure development, due to the neighbouring Jurong Industrial Estate and the maritime industry, with the future Tuas mega-port.
The authority told that more new residential projects will also be appreciated in this western corridor, which will be a mixed-use business district. But, the mix of public and private development has still not confirmed. The district area will be divided into 2 main urban - Lakeside, the future Singapore-Kuala Lumpur High-Speed Rail (HSR) terminus will be situated and Jurong Gateway, the commercial hub where redevelopment has already begun.
URA said that they will adopt a grid structure for land plot sold through the Government land sales programme, so they can easily to adjust the size of land parcels put up for sale.
They call these land parcels by the name "white zoned", meaning that they can house a mix of uses under conditions. Developers will have more ability to decided on the using purpose of each site, which could range from museums to apartments.
National Development Minister Lawrence Wong said the development will make a "better, smarter and more sustainable centre for businesses", which will allow more opportunities and new jobs for Singaporeans. Also, the development will start with the area around the HSR terminus as it is expected to begin operation by end-2026, it will take at least 15 to 20 years.
URA also confirmed various features to create Jurong Lake District "car-lite". Like, there will be roads solely for public transport, and every road in the Lakeside precinct will have personal mobility device users and a dedicated path for cyclists.
They also expanded the bus network serving the Jurong Lake District, with every project no more than 400m or 5 minutes' walk away from an MRT station or bus stop.
The main purpose is for more than 80% of all commuter trips in the district to be via public transport, higher than the Singapore average of 66%, URA added.
They estimated to cut the number of freight vehicles on the street at least 65%. The plan of developing offsite logistic centres so that companies can solve their product deliveries before entering the area.
More underground space will be created to free up ground space. For instance, URA will build 4 car parks with each project 200m to 400m from a car park instead of each development having its own.
The statutory board said that these underground space could be used to waste systems and house energy like a district-wide cooling system and centralised waste collection point.
Unlike the network currently used at Marina Bay, the cooling system will serve the area including residential projects. An integrated district management platform could also be created to fix problems quickly and tap into real-time data to diagnose.
The green plans for Jurong Lake District including 116 hectares of open spaces and greenery, also a new park above the HSR terminus.
The 90-hectare Jurong Lake Gardens is in the renovated process and could allow activity spaces for the new Science Centre. A water feature on the east side of the lake will also be built to supply more waterfront space for retail activities and leisure.
Developing proposals for the Jurong Lake District was developed by a team of consultants led by Dutch design firm KCAP Architects&Planners.
Follow URA, they hope to complete the master plan by 2019, then hold the town hall to get group discussions among both businesses and residents to gather feedback on the proposals.
In November 2016, The Urban Redevelopment Authority (URA) announced that a developer had committed to bid at least $185.758M for Margaret Ville's land site. In the end, MCL Land, a prestigious developer on Singapore property market, purchased Margaret Ville's land site with the highest price: S$238.39 million.
Margaret Drive Street in Queenstown area
Margaret Ville Condo is situated along Margaret Drive within the Queenstown Planning Area, Singapore. Very close to Commonwealth MRT and Queenstown MRT (500m away), two stations which connect to other parts in Singapore easily. For shopping, the variety of the luxurious decorations, souvenirs, jewellery and many can be found at Queensway Shopping Centre, IKEA Alexandra, Alexandra Central, Tanglin Hall market. It's not so far from the well-known addresses such as Orchard Road, Dempsey Hill and Sentosa. Margaret Ville own a strategic location like no other.
Expected to launch in early 2018, Margaret Ville new launch has a maximum gross floor area of 22,195 sqm and consist of 275 exclusive units with a number of the selections from 1 to 5 bedroom units. There are various luxurious internal amenities which come from the world leading brands. 50m lap pool, indoor fitness, BBQ area, Jacuzzi, a lush garden and a private children's playground for your sons and daughters. A healthy environment with the 24-hour security system and concierge services provides you with a perfect safety.
With its strategic location, the unique concept and various precious unit types, Margaret Ville is completely the most fabulous and glamorous urban living at city fringe @ District 3, Singapore. MCL Land said that they will announce the plan to develop this residential development in the first Quarter of 2018.
Adapted from Internet
Would you like to live in a tranquil place where vibrance and modernity combine in a perfect harmony? Margaret Ville is designed for you, ONLY you. Take a look at luxurious facilities, layouts and tell us what types do you choose?