Queens Peak is a property development located on the island of Singapore. The project is being built on land leased out by the Urban Redevelopment Authority who have leased it out for 99 years, which is the usual length of term for real estate leases on the island. The Queens Peak development is being built on a land parcel on the Dundee Road part of the Queenstown housing estate. The Dundee Road, and therefore Queens Peak is really close to the Queenstown MRT station.
The project for the condo development at Queens Peak has been planned and built by the real estate development company MCC Land. They were the company that placed the highest bid with the URA to secure the lease on the Dundee Road land parcel. The board of MCC Land were convinced that the company would easily be able to recuperate the building and development costs of the project once it put the executive condos up for sale.
MCC Land have managed to design and then subsequently build a complex of luxury condos with stunning views. The condos themselves are of high quality construction and the the facilities within the complex make these even more appealing to potential buyers looking for a luxurious place to live in. Potential buyers will shortly be able to reserve condos to buy, and arrange to view show apartments. Demand is expected to be high, meaning the condos will be snapped up quickly.
The location of the Queens Peak makes it an attractive place to live in, it is really close to transport links into the city of Singapore. There are local amenities, shopping malls, and also office blocks close by too. The closeness to the MRT is a strong selling point in it’s own right.