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Margaret Drive Residences Price

Margaret Drive Residences: A Landmark Development with Strong Investment Potential

Acquired by GuocoLand and Hong Leong Holdings for $497 million, Margaret Drive Residences marks a significant addition to Singapore’s prime residential landscape. With a land rate of $1,154 psf ppr, this development is positioned to set a new benchmark in Queenstown’s property market.

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Prime Land, Strategic Pricing

The competitive bid for the Margaret Drive GLS site reflects the confidence of top-tier developers in this coveted location. Analysts anticipate that the launch prices for Margaret Drive Residences will range between $2,300 to $2,600 psf, aligning with market trends for premium developments in city-fringe areas.

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Comparative Market Insights

For context, the previous GLS site along Margaret Drive was awarded in 2016 at $998 psf ppr, with the resulting development, Margaret Ville, launching in 2018 at an average price of $1,880 psf. The full sell-out of Margaret Ville underscores the strong demand for well-located residences in Queenstown, further reinforcing the investment potential of Margaret Drive Residences.

 

A Rare Opportunity for Buyers and Investors

Given the upward trend in land acquisition costs and the sustained demand for homes in this prime district, Margaret Drive Residences presents a strong value proposition for homebuyers and investors alike. Its anticipated pricing reflects both the quality of the development and the area’s long-term growth potential.

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Register for Priority Access

As one of the most anticipated launches in the city fringe, Margaret Drive Residences offers a rare chance to own a piece of Queenstown’s future. Register now to receive exclusive updates and priority access to the launch preview.

With its strategic pricing and premium positioning, Margaret Drive Residences is set to be one of 2025’s most sought-after new launches.

Margaret Drive Residences

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