Margaret Ville Review: An Upscale-Looking Condo For Those Seeking More Privacy (Not For Young Kids Though)
By Stacked Homes  •  May 7, 2022
It is quite startling to see just how much has changed in the past few years along Commonwealth Avenue. The whole stretch after Queenstown Secondary School has drastically morphed from the low-rise hawker centre, pool/ex-movie theatre, and old HDB blocks – to new sky-high BTO blocks, and gleaming condos like Commonwealth Towers and Queens Peak. Margaret Ville was the second last development to be launched (after Commonwealth Towers and Queens Peak but just a month or so before Stirling Residences). It drew bullish bids from 14 developers back then, which was finally won by MCL Land with a winning offer of $238.39 million, or $997.85 per sq ft per plot ratio (PSF PPR). And clearly, because it was launched later, it had a higher land cost than both Commonwealth Towers (which cost $883 psf ppr), and Queens Peak (which cost $871 psf ppr). As for Stirling Residences, it was the last to be acquired, and that was done at a stunning $1.03 billion bid ($1,051 psf ppr)....
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.

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