A consortium made up of GuocoLand, Hong Leong Holdings’ Intrepid Investments and Hong Leong Group’s Hong Realty won top bid for the gls land site at Margaret Drive. The 102,498 sq ft, 99-year leasehold site could be developed into a 460-unit private condo.

Located in Queenstown, this Margaret Drive site is within walking distance of Queenstown MRT station on the East-West Line and next door to popular Queenstown Primary School.

There are million-dollar HDB resale transactions estates nearby such as Skyville @ Dawson, Skyterrace @ Dawson and Cityvue @ Henderson. A pool of hdb upgraders available for private housing in this area.