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 …
Recent Comments