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Home/District 3 - Alexandra, Queenstown/MARGARET VILLE

MARGARET VILLE

District 3RCR99 yrs lease commencing from 2017PropertyGuru

Project Details

Address
MARGARET DRIVE
Property Type
Apartment
Total Units
309
Est. TOP
2021
Developer
MCL Land Limited
Tenure
99 yrs lease commencing from 2017
Price by Bedroom (median, 3yr)
1-Bed
$1,085,000
13 txns
2-Bed
$1,570,000
21 txns
3-Bed
$2,138,000
21 txns
4-Bed
$2,600,000
11 txns
Median PSF (3yr)
$2196
66 transactions
Normalized PSF
$2,444
Raw $2,196 · Bala 94.6%
vs new D3 launches
-19.7%
Both sides Bala-normalized

About this number

Normalized PSF uses Bala's Table - the Singapore Land Authority differential premium reference for valuing leasehold against freehold. Bala values a fresh 99-year lease at 96% of freehold; the curve drops non-linearly, reaching ~75% at 50 years remaining and ~60% at 30 years.

Below 40 years remaining we stop normalizing because the curve diverges from market reality once CPF withdrawal restrictions and bank LTV cliffs dominate.

A separate 5% adjustment applies to projects whose lease commenced before 2023, reflecting the older strata-area measurement convention (which counted air-con ledges and bay windows).

Source: Singapore Land Authority differential premium reference (Bala's Table).

PSF Trend

Transaction prices per square foot

More projects in District 3 - Alexandra, Queenstown ->

Investment Signals

Riverside Primary School (1.7km)T2Fairfield Methodist Primary (1.9km)T2High supply: 2,472 units within 2kmCommonwealth MRT (608m)Queenstown MRT (661m)
Last 3 years
  • MARGARET VILLERCR
    Apr 2026 · D3 · 2-Bed · 700 sqft · fl 16-20
    $1,575,000
    $2,251 psf
    $2,505 norm
    Resale
  • MARGARET VILLERCR
    Apr 2026 · D3 · 3-Bed · 969 sqft · fl 36-40
    $2,401,680
    $2,479 psf
    $2,758 norm
    Resale
  • MARGARET VILLERCR
    Mar 2026 · D3 · 2-Bed · 700 sqft · fl 01-05
    $1,488,000
    $2,127 psf
    $2,367 norm
    Resale
  • MARGARET VILLERCR
    Mar 2026 · D3 · 3-Bed · 915 sqft · fl 31-35
    $2,225,000
    $2,432 psf
    $2,706 norm
    Resale
  • MARGARET VILLERCR
    Feb 2026 · D3 · 2-Bed · 829 sqft · fl 16-20
    $1,850,000
    $2,232 psf
    $2,484 norm
    Resale
  • MARGARET VILLERCR
    Jan 2026 · D3 · 1-Bed · 463 sqft · fl 26-30
    $1,000,000
    $2,161 psf
    $2,405 norm
    Resale
  • MARGARET VILLERCR
    Jan 2026 · D3 · 2-Bed · 657 sqft · fl 21-25
    $1,380,000
    $2,102 psf
    $2,339 norm
    Resale
  • MARGARET VILLERCR
    Jan 2026 · D3 · 2-Bed · 657 sqft · fl 16-20
    $1,330,000
    $2,026 psf
    $2,254 norm
    Resale
  • MARGARET VILLERCR
    Dec 2025 · D3 · 3-Bed · 915 sqft · fl 31-35
    $2,250,000
    $2,459 psf
    $2,736 norm
    Resale
  • MARGARET VILLERCR
    Dec 2025 · D3 · 2-Bed · 818 sqft · fl 36-40
    $1,900,000
    $2,323 psf
    $2,585 norm
    Resale
  • MARGARET VILLERCR
    Nov 2025 · D3 · 4-Bed · 1,184 sqft · fl 01-05
    $2,600,000
    $2,196 psf
    $2,444 norm
    Resale
  • MARGARET VILLERCR
    Oct 2025 · D3 · 4-Bed · 1,464 sqft · fl 36-40
    $2,900,000
    $1,981 psf
    $2,204 norm
    Resale
  • MARGARET VILLERCR
    Oct 2025 · D3 · 3-Bed · 969 sqft · fl 36-40
    $2,350,000
    $2,426 psf
    $2,699 norm
    Resale
  • MARGARET VILLERCR
    Sep 2025 · D3 · 2-Bed · 829 sqft · fl 11-15
    $1,818,000
    $2,193 psf
    $2,440 norm
    Resale
  • MARGARET VILLERCR
    Sep 2025 · D3 · 3-Bed · 915 sqft · fl 26-30
    $2,168,000
    $2,370 psf
    $2,637 norm
    Resale
  • MARGARET VILLERCR
    Aug 2025 · D3 · 1-Bed · 527 sqft · fl 36-40
    $1,200,000
    $2,275 psf
    $2,531 norm
    Resale
  • MARGARET VILLERCR
    Aug 2025 · D3 · 1-Bed · 527 sqft · fl 01-05
    $1,110,000
    $2,105 psf
    $2,342 norm
    Resale
  • MARGARET VILLERCR
    Aug 2025 · D3 · 3-Bed · 915 sqft · fl 21-25
    $2,158,880
    $2,360 psf
    $2,626 norm
    Resale
  • MARGARET VILLERCR
    Jul 2025 · D3 · 2-Bed · 700 sqft · fl 26-30
    $1,580,000
    $2,258 psf
    $2,513 norm
    Resale
  • MARGARET VILLERCR
    Jul 2025 · D3 · 4-Bed · 1,184 sqft · fl 06-10
    $2,620,000
    $2,213 psf
    $2,462 norm
    Resale
ProjectDistRegionBedFloorAreaPricePSF99yr NormDateType
MARGARET VILLE3RCR216-20700$1,575,000$2,251$2,505Apr 2026Resale
MARGARET VILLE3RCR336-40969$2,401,680$2,479$2,758Apr 2026Resale
MARGARET VILLE3RCR201-05700$1,488,000$2,127$2,367Mar 2026Resale
MARGARET VILLE3RCR331-35915$2,225,000$2,432$2,706Mar 2026Resale
MARGARET VILLE3RCR216-20829$1,850,000$2,232$2,484Feb 2026Resale
MARGARET VILLE3RCR126-30463$1,000,000$2,161$2,405Jan 2026Resale
MARGARET VILLE3RCR221-25657$1,380,000$2,102$2,339Jan 2026Resale
MARGARET VILLE3RCR216-20657$1,330,000$2,026$2,254Jan 2026Resale
MARGARET VILLE3RCR331-35915$2,250,000$2,459$2,736Dec 2025Resale
MARGARET VILLE3RCR236-40818$1,900,000$2,323$2,585Dec 2025Resale
MARGARET VILLE3RCR401-051,184$2,600,000$2,196$2,444Nov 2025Resale
MARGARET VILLE3RCR436-401,464$2,900,000$1,981$2,204Oct 2025Resale
MARGARET VILLE3RCR336-40969$2,350,000$2,426$2,699Oct 2025Resale
MARGARET VILLE3RCR211-15829$1,818,000$2,193$2,440Sep 2025Resale
MARGARET VILLE3RCR326-30915$2,168,000$2,370$2,637Sep 2025Resale
MARGARET VILLE3RCR136-40527$1,200,000$2,275$2,531Aug 2025Resale
MARGARET VILLE3RCR101-05527$1,110,000$2,105$2,342Aug 2025Resale
MARGARET VILLE3RCR321-25915$2,158,880$2,360$2,626Aug 2025Resale
MARGARET VILLE3RCR226-30700$1,580,000$2,258$2,513Jul 2025Resale
MARGARET VILLE3RCR406-101,184$2,620,000$2,213$2,462Jul 2025Resale

Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.

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