{"id":88733,"date":"2018-05-19T09:00:51","date_gmt":"2018-05-19T02:00:51","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-new-condos-open-for-preview\/"},"modified":"2018-05-19T10:03:44","modified_gmt":"2018-05-19T03:03:44","slug":"two-new-condos-open-for-preview","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-new-condos-open-for-preview\/","title":{"rendered":"Two new condos open for preview"},"content":{"rendered":"


\nArtist\u2019s impression of Margaret Ville, a new 99-year leasehold project in Margaret Drive. (Photo: MCL Land)
\nTwo new private condominiums will open for preview today (19 May) amid a bullish property market.
\nThe Garden Residences at Serangoon North View is being jointly developed by Keppel Land and Wing Tai Asia, while Margaret Ville in Margaret Drive is by MCL Land. Both are 99-year leasehold projects that are slated to launch in June.
\nMore: Developer Sales Surge 68% To 1,325 Units In April
\nComprising 613 units, The Garden Residences is a nature-inspired development that will contain more than 100 species of plants.
\nWing Tai Asia\u2019s senior general manager of marketing, Stacey Ow Yeong, said \u201cresidents will have the best of nature and technology at their doorstep\u201d.
\nThere will be a range of one- to five-bedroom apartments from 452 sq ft to 1,981 sq ft spread across five 15-storey towers.
\nProperty agents said indicative prices are in the range of $1,750 psf to $1,850 psf.
\nThe developers submitted the top bid of $446.28 million or $965 psf per plot ratio (psf ppr) for the approximately 185,022 sq ft site last year, which saw aggressive bidding due to its proximity to Bidadari estate.
\nNearby amenities include eateries at Serangoon Garden estate, Nex shopping mall, and several schools such as Rosyth School and Nanyang Junior College.
\nMeanwhile, Margaret Ville comprises one 40-storey tower of 309 one- to four-bedroom apartments from 463 sq ft to 1,184 sq ft. Around 62 percent of the units are one- and two-bedders.
\nThe project\u2019s average price is about $2,000 psf.
\nThe 51,722 sq ft site was sold to MCL Land for $238.39 million in December 2016. The purchase price works out to a land rate of about $998 psf ppr.
\nLocated in Queenstown in District 3, the site is close to good class bungalows, schools and two MRT stations (Commonwealth and Queenstown).
\nIn addition, residents will have unblocked views of the surrounding greenery, Bukit Timah Hill and the city centre.
\nHome buyers looking for\u00a0Singapore Properties\u00a0may like to visit our\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Two new condos open for preview<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Artist\u2019s impression of Margaret Ville, a new 99-year leasehold project in Margaret Drive. (Photo: MCL...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-88733","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-n5b","jetpack-related-posts":[{"id":89010,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/margaret-ville-showflat-opens-to-large-crowds\/","url_meta":{"origin":88733,"position":0},"title":"Margaret Ville showflat opens to large crowds","date":"May 22, 2018","format":false,"excerpt":"\r Artist\u2019s impression of Margaret Ville, a new 99-year leasehold project in Margaret Drive. (Photo: MCL Land) Margaret Ville, a new 99-year leasehold condominium by MCL Land in District 3, drew about 2,000 visitors over the weekend after its showflat along Margaret Drive opened for preview on Saturday (19 May).\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37805,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mcl-land-wins-bid-for-margaret-drive-site\/","url_meta":{"origin":88733,"position":1},"title":"MCL Land wins bid for Margaret Drive site","date":"December 12, 2016","format":false,"excerpt":"\r The 0.48ha site is located close to the Commonwealth MRT station, shopping malls and schools. Source: URA The Urban Redevelopment Authority (URA) has awarded the tender for a residential site at Margaret Drive in Queenstown to MCL Land (Regency), after the developer submitted the highest bid of $238.39 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88829,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/strong-interest-in-the-garden-residences-condo\/","url_meta":{"origin":88733,"position":2},"title":"Strong interest in The Garden Residences condo","date":"May 21, 2018","format":false,"excerpt":"\r The Garden Residences showflat drew more than 3,000 visitors for its preview over the weekend. (Photo: Keppel Land and Wing Tai Asia) The Garden Residences by Keppel Land and Wing Tai Asia attracted more than 3,000 visitors over the weekend after its showflat at Serangoon North Avenue 1 opened\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100807,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/parc-esta-to-open-for-preview-on-saturday\/","url_meta":{"origin":88733,"position":3},"title":"Parc Esta to open for preview on Saturday","date":"November 2, 2018","format":false,"excerpt":"\r Artist\u2019s impression of the pool view at Parc Esta. Source: MCL Land Developer MCL Land is set to open the showflat for its highly-anticipated Parc Esta development at Sims Avenue for preview on Saturday (3 Nov). Aside from being touted as the closest private condominium to Eunos MRT station,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/twin-vew-to-open-showflat-this-weekend\/","url_meta":{"origin":88733,"position":4},"title":"Twin Vew to open showflat this weekend","date":"April 19, 2018","format":false,"excerpt":"\r Artist\u2019s impression of Twin Vew in West Coast Vale. Twin Vew in West Coast Vale will open its showflat for preview this Saturday (21 Apr), said developer CSC Land. The 520-unit condominium is the Group\u2019s first development in Singapore, and will comprise two 36-storey towers offering a range of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90516,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/modest-sales-seen-at-two-new-launches\/","url_meta":{"origin":88733,"position":5},"title":"Modest sales seen at two new launches","date":"June 5, 2018","format":false,"excerpt":"\r Buyers balloting for units at Affinity at Serangoon. (Photo: Oxley Holdings) Two new project launches in the Serangoon area (District 19) reported modest Phase 1 sales over the weekend. Affinity at Serangoon sold 37 percent or 112 of the 300 units released, while The Garden Residences moved more than\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/88733"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=88733"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/88733\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=88733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=88733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=88733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}