
Margaret Ville is a single slim 40-storey tower of 309 homes at 20 Margaret Drive, completed in 2021 by MCL Land, the Hongkong Land subsidiary with more than fifty years of building history in Singapore. In a pocket of thousand-unit estates it offers something none of them can: the smallest resident count in Queenstown’s private stock, spread across eight layout types of 39 units each. Scarcity is the product here.
Two East West Line stations bracket the tower inside 1km, Commonwealth (EW20) and Queenstown (EW19), with Queenstown roughly a 500m walk and Commonwealth a similar stroll the other way. Few District 3 addresses carry two stations in the band, and it widens the buyer and tenant pool in both directions along the line. Buona Vista opens the Circle Line two stops west, Raffles Place is about ten minutes east, and Holland Village, one-north, Redhill and Napier all sit inside 2km, so four lines are workable once you count a short bus hop.
For families, New Town Primary School and Queenstown Primary School both sit inside the 1km band that decides ballot outcomes under P1 registration, with Fairfield Methodist School (Primary) and Gan Eng Seng Primary inside 2km. Our guide to how P1 registration really works sets out what that radius is actually worth in a balloting year. Queensway Secondary, Queenstown Secondary and Crescent Girls’ continue the run, so a child can move from primary to secondary without the family changing house.
The unit mix is unusually even. Eight layouts run from a 463 sqft one-bedroom to a 1,184 sqft four-bedroom, and seven of the eight carry exactly 39 units, with the 829 sqft two-bed-plus-study at 36. That gives 78 homes in the one-bedroom band, 114 across the three two-bedroom formats and 117 units at three bedrooms or more. Family stock and rental stock sit in near balance, which is rare in a tower this slim.
Tenure runs 99 years from 13 March 2017, so roughly 90 years remain, close to the top of the leasehold range on the resale market and the number that separates this tower from the older Queenstown stock trading at lower psf. Density is high by design, a 4.6 plot ratio on 4,810 sqm, which is what produces 40 storeys on a compact plot. What the market pays for that is next.

| UNIT TYPE | TOTAL | SIZES | UNIT MIX | FLOORPLANS | MAINTENANCE |
|---|---|---|---|---|---|
| 1 Bedroom | 39 | 463 | 12.62% | A1, A1a, A1-R | $290 |
| 1 Bed + Study | 39 | 527 | 12.62% | A2, A2-R | $290 |
| 2 Bedroom | 39 | 657 | 12.62% | B1, B1-R | $348 |
| 2 Bedroom | 39 | 700 | 12.62% | B2, B2-R | $348 |
| 2 Bed + Study | 36 | 829 | 11.65% | B3, B3-R | $348 |
| 3 Bedroom | 39 | 915 | 12.62% | C1, C1-R | $348 |
| 3 Bedroom | 39 | 969 | 12.62% | C2, C2-R | $348 |
| 4 Bedroom | 39 | 1,184 | 12.62% | D1, D1-R | $406 |
| Overall | 309 | 463 - 1,464 | 100.00% | 8 |
The case for Margaret Ville is thin supply, in both senses. Only 309 households share the pool deck and the rooftop, and only 39 owners hold any given layout, so a seller here is not competing against sixty identical listings and a resident is not queueing for the gym. In a corridor being rebuilt around it, that is the position worth paying for.
As of July 2026 the last sixty Margaret Ville caveats ran between $1,973 and $2,479 psf at a median around $2,198 psf. Narrow it to the twelve months to July and the picture firms up: 24 caveats between $1,981 and $2,479 psf at a median of about $2,253 psf. Recent trades read the same way, with an 829 sqft two-bed-plus-study at $1.912m in July 2026 and a 969 sqft three-bedder at $2.368m in May 2026.
Against the pocket, the smallest address holds its own. Commonwealth Towers sits 0.58km away with 845 units from 2017, Queens Peak 0.72km off with 736 from 2020, and Stirling Residences 0.91km away with 1,259 from 2022, with Alexis adding 293 freehold units at 1.05km. Margaret Ville has by far the fewest homes of the group, and thin listing supply is what keeps a small tower firm when a large one has ten units on the market at once.
The launch record explains the floor under today’s pricing. MCL Land paid $238.39 million for the Margaret Drive site in December 2016, the top bid of fourteen, about $997.85 psf per plot ratio with an estimated breakeven of $1,450 to $1,600 psf. Units first sold in June 2018 at an average near $1,880 psf. Launch buyers who held through completion are sitting on a real gain, and most have chosen to hold.
One technical note when you compare against a new launch on the same street. Margaret Ville predates GFA harmonisation, so its strata areas still include aircon ledges the newer rulebook excludes. Those are not identical square feet.
Weighing an offer here? With only 39 units per layout, the right comparable is often a single trade, and we will find it for you before you negotiate, honest advice, no pressure. WhatsApp us.
The Margaret Ville floor plan set is deliberately flat. 39 one-bedders at 463 sqft and 39 one-bed-plus-study at 527 sqft open the ladder. The two-bedroom band splits three ways at 657, 700 and 829 sqft, then 39 three-bedders at 915 sqft, 39 more at 969 sqft and 39 four-bedders at 1,184 sqft close it. No format is oversupplied inside the project, which is the practical benefit of a flat mix at resale time.
At the July 2026 median of about $2,198 psf the ladder prices out cleanly: the 463 sqft one-bedder near $1.02m, the 527 sqft plus-study around $1.16m, the 657 sqft two-bedder about $1.44m, the 829 sqft plus-study near $1.82m, the 915 sqft three-bedder about $2.01m, the 969 sqft format around $2.13m and the 1,184 sqft four-bedder close to $2.6m. Read those as arithmetic on the caveat record rather than quotes. Asking prices currently run from about $950,000 to roughly $3,250,000, at listing psf between $2,052 and $2,981, so the gap between what sellers ask and what buyers have actually paid is worth checking unit by unit.
The small resident count is why the provisioning stays usable rather than crowded: an infinity edge pool and hydrotherapy pool at deck level, Activa Gym, an Executive Club Lounge, and the Sky Lounge and Sky Garden on the roof. Maintenance is light for a central address at about $290 a month for the one-bedroom formats, $348 for the two and three-bedroom types and $406 for the four-bedders, well under the sums our condo maintenance fees guide records at larger developments. Finishes were pitched above the segment at launch and have aged well: Turkish and Italian marble, Fisher and Paykel kitchen appliances, a Miele hood and hob.
Put the tower in proportion. The Margaret and Mei Chin subzone holds eight private developments and about 5,401 homes, and Margaret Ville is 309 of them, under six percent of the private stock around it. When a buyer wants this postcode, the number of Margaret Ville units on the market in any given month is small enough to count on one hand, and that is the whole argument for the psf it commands.
The demand standing behind that is outsized. Queenstown holds about 44,030 HDB flats across 253 blocks, 21,821 of them 4-room or larger, and for a Queenstown upgrader the school run does not change when they move here. Our HDB upgrading roadmap explains how those households usually sequence the sale and the purchase, and the URA Master Plan frames Dawson and Margaret Drive as a rejuvenation zone, which is why the corridor keeps adding housing and amenities around this tower rather than settling.
The live variable is Penrith, 0.77km away, 462 units, TOP expected 2028, and the only project under construction in this subzone. Every new benchmark set on this corridor resets what a Margaret Ville resale can credibly ask, and a launch pricing well above the completed stock tends to pull resale asks up rather than push them down. The trade is honest: keys and a rental stream now, instead of the pre-completion entry a launch offers.
Two checks close it. At roughly 90 years the lease is not yet in the band where financing and CPF rules start to bite, the distinction our 99-year versus freehold guide works through. And turnover is steady rather than speculative: 84 caveats against 309 units in five years, rising from seven in 2022 to twenty-five in 2025 with eleven more by July 2026, so volume has grown as the project has aged. District 3 remains an active redevelopment district, as the $950 million en bloc at Tan Boon Liat showed, the one-north tenant pool underpins the rentals our rental yields guide covers, and the wider backdrop sits in our Q2 2026 property market review.
This suits owner-occupiers who want mature-estate living with new-launch neighbours validating their price, upgraders staying inside the Queenstown school network, and investors renting to the one-north workforce. It suits anyone who has viewed the big towers nearby and wanted fewer neighbours for the same postcode.
The exit audience is that same shortlist, and it is a shortlist by design. Renters see a completed tower with rooftop lounges and a full pool deck, two stations inside 1km and one-north two stops away, at a resident count small enough that the facilities are not fought over. With Penrith not completing until 2028, landlords hold a differentiated product against Queenstown’s older rental supply for several more years.
Fit runs the other way too, and three checks matter. Four-bedders cap at 1,184 sqft with no five-bedroom option, so households needing large-format space should look at Queens Peak instead. There is no retail podium under the tower, and the bigger weekend runs mean a short drive to IKEA Alexandra, Anchorpoint or Queensway Shopping Centre, so buyers who want lift-lobby-to-atrium convenience should view the integrated stock. And 250 carpark lots against 309 homes makes parking a real question for two-car families, worth settling before you commit.
Thinking about Margaret Ville? The gap between its resale pricing and Penrith’s launch pricing on the same street is the trade worth studying. Before you commit, speak to us. We will run the numbers with you, honest advice, no pressure. WhatsApp us.
Margaret Ville has 1 block of 40 storeys.
Margaret Ville has 309 residential units.
Margaret Ville is 99-year leasehold (lease from 13/03/2017).
No, Margaret Ville is a 99-year leasehold development (lease from 13/03/2017).
Margaret Ville is developed by MCL Land (Regency) Pte Ltd.
Margaret Ville’s Architects are: Architects 61 Pte Ltd
Margaret Ville’s Builder is TPS Construction Pte Ltd
Welcome Piazza, Arrival Court, Lobby Lounge, Alfresco Dining Pavilion, Infinity Edge Pool, Lawn, Cabana, Pool Deck, Hydrotherapy Pool, Outdoor Lounge, Children’s Jet Pool, Activa Gym, Executive Club Lounge, Terrace Lounge, Resident’s Side Gate, Sky Lounge (Rooftop), Sky Garden
Margaret Ville is located at 20 Margaret Drive, Singapore 149312, in District 3, off Commonwealth Avenue, in the mature Queenstown estate.
Margaret Ville is in District 3 (D03), which covers Queenstown and Tiong Bahru, within Singapore’s Rest of Central Region (RCR).
The nearest MRT stations to Margaret Ville are Commonwealth MRT (EW20) and Queenstown MRT (EW19) on the East-West Line, both within 1km (Queenstown MRT is approximately a 500m walk).
Primary Schools within 1km of Margaret Ville:
New Town Primary School
Queenstown Primary School
Maintenance fees at Margaret Ville range from approximately S$290 to S$406 per month. 1-Bedroom units are about S$290; 2- and 3-Bedroom units are about S$348; and 4-Bedroom units are about S$406.
Margaret Ville’s land cost was S$238.39 million for the Margaret Drive GLS site, awarded to MCL Land (Regency) Pte Ltd in December 2016, the top bid out of 14 contenders. This works out to approximately S$997.85 per sq ft per plot ratio (psf ppr), with an estimated breakeven of around S$1,450, S$1,600 psf.
Margaret Ville’s estimated PSF ranges from approximately S$2,052 to S$2,981 psf based on current market listings.
Margaret Ville’s starting prices in the resale market begin at approximately S$950,000 for a 463 sqft 1-Bedroom unit. The highest listed price is approximately S$3,250,000 for larger 4-Bedroom units.
Margaret Ville offers strong investment fundamentals: mature D3 Queenstown address, twin MRT access within 1km, and proximity to One-North Business Park and the CBD. Current PSF ranges from approximately S$2,052 to S$2,981 psf. As with any investment, prospective buyers should conduct their own due diligence.
Yes, Margaret Ville is suitable for families. It offers 3-Bedroom and 4-Bedroom layouts up to 1,184 sqft, sits within 1km of New Town Primary School and Queenstown Primary School, and includes family-friendly facilities like the Infinity Edge Pool, Children’s Jet Pool, Activa Gym and Sky Garden.
Margaret Ville is a 99-year leasehold condominium in District 3 with 309 residential units in a single 40-storey tower. It is developed by MCL Land (Regency) Pte Ltd, designed by Architects 61 and built by TPS Construction Pte Ltd, completed in 2021.
Margaret Ville obtained TOP in 2021.
Margaret Ville was launched on 2 June 2018 at an average price of approximately S$1,880 psf. It was fully sold and obtained TOP in 2021. It is now a completed development transacting in the resale and rental markets.
Yes. Foreigners can buy Margaret Ville because it is a private residential development. Foreigners pay 60% Additional Buyer’s Stamp Duty (ABSD) on top of the purchase price.
Margaret Ville’s showflat has been decommissioned as the development is completed. Viewings are now conducted at actual units on-site. Please contact our appointed sales team to schedule a viewing.
You can book a viewing with our appointed sales team:
Kelvin Sin 9722 2222
Chew Peixuan 9101 5301
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