Singapore – The government of the city state has allowed the developers of the Margaret Ville condo to construct recreational facilities such as “Green Routes” used for running and cycling, community parks, the Holland Village Lifestyle destination, Metropolis commercial building for offices, headquarters for Mediacorp and Lucasfilm’s Sandcrawler. The developments have just begun and most of them are in their initial development stages.
Developers of Margaret Ville
There were many developers competing to acquire the site where the new Margaret drive condo is being developed during the open public tender process. Towards the end of 2016, the highest winning bidder was awarded with the land site. The area is situated along Margaret Drive which lies within the vicinity of the Queenstown planning area. MCL land was the highest bidder, winning this 99-year leasehold site and having the full rights of developing the vacant land.
It is no secret why 14 huge companies antagonistically vied for this piece of land as there are several strategic reasons that make the land a rare and prime property going forward. When it is fully developed as a residential area, Margaret Ville would have a strategic position that will enable the residents to easily and conveniently access the nearby diverse hospitality vents. The infrastructure is well developed and the amenities are unbelievably exceptional.
MCL land has been in the real estate development industry for more than five decades which has earned them their irrefutable reputation and excellent track records. Their operations are not only confined within the borders of Singapore but have also extended to Malaysia. They are mainly involved in the development of residential areas but every now and then, they will also try to engage in commercial projects which will add diversity to their beautiful portfolio. Besides the Margaret Ville they also own the prestigious J Gateway in Jurong Gateway Central, a commercial business hub of Jurong Lake District in Singapore among others.
Margaret Ville can be accessed by driving along the Commonwealth Avenue and turning into the Margaret Drive. The entire commonwealth region is positioned within the western direction when you are in the heart of Singapore. The neighbourhood is home to several luxurious residential properties that was recently developed and launched in the market.
The other developments such as Commonwealth Towers and Queens Peak will no longer be the most luxurious residential property in the area as the new swanky Margaret Ville is coming onboard soon. The vicinity surrounding the two residential projects is endowed with a myriad of amenities such as shopping malls, health facilities, learning institutions, hospitality joints, mosques, churches and many other recreational facilities. The infrastructure in the area is also well developed which makes it easy to travel from one place to the other.