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HomeBuyAll3RMD03 - Alexandra / Commonwealth3 Bed Condo for Sale in Penrith

3 Bed Condo for Sale in Penrith

72 Margaret Drive 149927, Margaret Drive, Central Region, Singapore

$1,973,000

Added 4 months ago
CondoFor sale
Beds: 3Baths: 2Area: 786 sqft
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IMAGES GALLERY

Nearest MRT Station

Queenstown

East-West Line EW19

walk•

Property Details

Property IDUwgJZimrmbSCqFUyxZuxCX
PriceS$1,973,000
Property TypeCondo
StatusFor sale
Beds3
Baths2
Built Area786 sqft
PSFS$2,510
Year Built2029
Furnished StatusUnknown

Description

:: PENRITH (Margaret Drive GLS) :: GuocoLand, Hong Leong Holdings’ Intrepid Investments and Hong Leong Group’s Hong Realty submitted a top bid of $497 million or $1,154 psf per plot ratio (ppr) for a government land sale (GLS) site on Margaret Drive. The 102,498 sq ft, 99-year leasehold site The GLS site is also adjacent to SkyOasis @ Dawson, where a premium five-room flat of 1,195 sq ft was sold in June at the record-breaking price of $1.73 million ($1,444 psf). The last time a GLS site was launched along Margaret Drive was eight years ago. At the close of the tender in December 2016, 14 bids were received. MCL Land won the site with a bid of $238.4 million ($998 psf ppr). Why Margaret Drive? ✅ Nestled in the heart of Queenstown, Margaret Drive Residences stands as a testament to sophisticated urban living in one of Singapore’s most dynamic neighbourhoods ✅ With approximately 460 meticulously designed units, this residential enclave promises a lifestyle of convenience and luxury ✅ Boasting a location just minutes from the Queenstown MRT station and adjacent to the esteemed Queenstown Primary School, it offers unparalleled accessibility and proximity to essential amenities ✅ Developed by reputable developer - Guocoland-Hong Leong-JV Key Project Details: • Developer: Guocoland & Hong Leong • Address: 70, 72 Margaret Drive • Tenure: 99 Years Leasehold • Site Area: Approx. 102,498 sqft • Plot ratio: 4.2 • No. of Units: 462 • No. of Levels: 40 • No. of Parking Lots: 81% • TOP: April 2031 • Unit Mix: 2 Bedroom to 4 Bedroom Receive first-hand info to receive e-brochure, floor plans, early bird price guide, booking day details. Contact Direct Developer Appointed Sales Team today! ☎️ Carrie 8644XXXX Disclaimer: Photos are artist impressions and for illustration purpose only. Subject to final amendments 🤎 You May Also Like 🤎 Stirling Residences, Anchorage, Margaret Ville, Commonwealth Towers, Queens, Queens Peak, Principal Garden, The Interlace, The Crest, Artra, Alex Residences, The Metropolitan, The Anchorage, Alexis, Ascentia Sky, Ascentia Sky, Highline Residence, Central Green, Meraprime, Twin Regency, Regency Suites, The Regency @ Tiong Bahru, Casa Jervois, Jervois Grove, Jervois Prive, Mon Jervois, Jervois Regency, Dormer Park, Margaret Mansion, Jervoisville, Jervois Lodge, Petit Jervois, Jervois Treasures, One Jervois, Domain 21, Tanglin Regency, Tanglin View, Alessandrea, Emerald Park, Viz at Holland, Lush on Holland Hill, Hyll On Holland, Holland Residences, Leedon Green, D’Leedon, The Merasaga, Van Holland, One Holland Village Residences, The Merasaga,

Nearby Locations

The following locations are within radius of this property, with distance shown in kilometers.

Schools

Queenstown Primary School0.11km

MRT Stations

Queenstown

East-West Line (EW19)
0.34km

Location

72 Margaret Drive 149927, Margaret Drive, Central Region, Singapore

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Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

0

Average Price

S0

Total Value

S0

Sales Timeline

No timeline data available

No data available

No transaction data found. This could be due to:

  • No transactions in the selected radius
  • Invalid date formats in transaction data
  • Missing price or area information
  • Current filter settings excluding all transactions

Calculating fair value from URA transaction data…

Carrie

Carrie

HUTTONS ASIA PTE. LTD.

License: L3008899K

Similar Properties

Above Market· 23.2% above market

Home Report · AVM Fair Value

Automated Valuation based on 1167 URA transactions · 16 outliers removed (IQR)

Fair Value

S$1.60M

S$2,037 psf

Asking Price

S$1.97M

S$2,510 psf

vs Market

+23.2%

Above Market

Confidence

High

1167 comps

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

1167 comparable transactions

S$2,037

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

0%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$2,037

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.