MARGARET VILLE
MARGARET DRIVE · District 03 · 99 yrs lease commencing from 2017
Median Price
S$1.8M
Price Range
S$920K - S$2.9M
Tenure
Leasehold
Avg Rent
S$7.01 psf
MARGARET VILLE Price Analysis
MARGARET VILLE is a leasehold development on MARGARET DRIVE in District 03 (Queenstown). According to URA transaction records, 78 private residential transactions have been recorded at this development, with a median price of S$1,822,500. Prices range from S$920K for the smallest units to S$2.9M for premium configurations.
The development offers units across 5 size categories. The most traded segment is studio (<50 sqm) at a median of S$1,085,000. Larger units (4-bed (130-170 sqm)) trade at S$2,900,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at MARGARET VILLE. High-floor units (36-40) command a median of S$2,175,000, while low-floor units (01-05) sell for S$1,488,000. That is a 46% premium for higher floors, worth S$687K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, MARGARET VILLE commands an average of S$7.01 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 4.0%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| Studio (<50 sqm) | S$1.1M | 46 sqm | 15 |
| 1-Bed (50-70 sqm) | S$1.4M | 63 sqm | 18 |
| 2-Bed (70-100 sqm) | S$2.0M | 84 sqm | 33 |
| 3-Bed (100-130 sqm) | S$2.6M | 110 sqm | 11 |
| 4-Bed (130-170 sqm) | S$2.9M | 136 sqm | 1 |
FAQ
What is the average price of MARGARET VILLE?
The median transaction price at MARGARET VILLE is S$1,822,500, based on 78 URA-recorded transactions. Prices range from S$920K to S$2.9M.
Does floor level affect prices at MARGARET VILLE?
Yes. High-floor units (36-40) sell for a median of S$2,175,000, while low-floor units (01-05) sell for S$1,488,000. That is a 46% premium for higher floors.
What is the rental rate at MARGARET VILLE?
The average rental rate at MARGARET VILLE is approximately S$7.01 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.