Skip to content Skip to footer
Learn more
History of 38 Margaret Drive
Nestled in Singapore’s first satellite town of Queenstown, 38 Margaret Drive has a rich history tied to the nation’s urban development. Originally home to the Commonwealth Avenue Wet Market & Food Centre, this landmark building was constructed in 1956 by the Singapore Improvement Trust (SIT). Queenstown itself holds significance as the first planned residential town in Singapore, developed in the post-war period to accommodate the city’s growing population. Named after Queen Elizabeth II, Queenstown was a pivotal site for Singapore’s urban transformation, featuring residential blocks, schools, and community amenities.
A part of Singapore rich heritage
The Early Years: Commonwealth Avenue Wet Market

The Early Years: Commonwealth Avenue Wet Market Commonwealth Avenue Wet Market, which stood at 38 Margaret Drive, was an essential hub for the Queenstown community. It was one of the earliest wet markets serving local residents, providing fresh produce, meats, and other daily necessities. This market catered to the growing needs of families living in nearby housing estates and was a lively center of activity in Queenstown during the 1950s and 1960s. Over the decades, the market’s iconic status grew, becoming a part of the town’s communal identity.

A New Chapter: Margaret Drive Marketplace

 

By the early 2000s, urban renewal projects transformed much of Queenstown, and the Commonwealth Avenue Wet Market eventually closed its doors. However, in a remarkable turn of events, the market building was gazetted for conservation by the Urban Redevelopment Authority (URA), recognizing its historical and architectural significance.

In 2023, the site was revitalized and reimagined as Margaret Market, a modern community marketplace that retains the essence of the old wet market while embracing contemporary trends. The building has become a vibrant space that offers a curated selection of local food, wellness services, and community-driven initiatives.

 

A Place for Health, Wellness, and Community

Today, Margaret Market functions as more than just a marketplace; it has evolved into a hub for community well-being and engagement.

Alongside a variety of food and retail offerings, the market is home to Bethesda Medical, which provides comprehensive healthcare services, including Bethesda Dental. The market also houses Fung Onn Medical Hall, a long-standing Chinese medical hall, and a Gymm Boxx 24/7 fitness center, allowing visitors to prioritize their health and fitness. Monthly free health screenings and wellness programs further enhance the market’s role in supporting the community, particularly the pioneer generation. By seamlessly blending its rich heritage with modern amenities, Margaret Market preserves the past while serving the evolving needs of Queenstown's residents, embodying the area’s resilient spirit of community and progress.
A Modern Community Hub

Margaret Market breathes new life into the historic 38 Margaret Drive by transforming it into a modern marketplace that seamlessly combines community engagement with current lifestyle trends. The market is a platform for homegrown businesses, such as Urban Folks, known for their Australian-inspired jaffles and DIY acai bowls, and The Homme Baker, famous for artisanal cakes. Both vendors, which began as home-based businesses, now thrive in this vibrant space, allowing them to reach a wider audience. By spotlighting local brands and start-ups, Margaret Market plays a pivotal role in supporting entrepreneurship and promoting fresh, locally made food offerings, while maintaining strong ties to its community-centric roots.

In addition to supporting local start-ups, Margaret Market offers a diverse range of food choices that cater to various tastes. Visitors can enjoy comfort food like Wawa Lala Beehoon, a popular local favorite serving up delicious seafood-based beehoon dishes. For those craving something more traditional, Ya Kun Kaya Toast, an iconic Singaporean brand, offers its signature kaya toast and coffee, perfect for breakfast or a quick snack. Meanwhile, Fernando’s Pizza provides a delicious selection of pizzas, satisfying those looking for a hearty meal with a mix of local and international flavors. With this variety, Margaret Market continues to be a food haven that embraces both local culinary heritage and contemporary dining options.
A Symbol of Singapore’s Adaptive Reuse

Margaret Market exemplifies Singapore’s successful efforts in adaptive reuse of heritage buildings. By conserving the former wet market and transforming it into a contemporary space that caters to modern needs, the market bridges the past and the future. This approach not only preserves the building’s historical and architectural significance but also makes it a functional part of today’s urban landscape.

In conclusion, 38 Margaret Drive stands as a testament to Queenstown’s vibrant history and the importance of conserving heritage sites in Singapore. Margaret Market is more than just a marketplace; it is a space that honors the past while serving as a gathering point for the community, promoting wellness, local entrepreneurship, and cultural heritage. As Queenstown continues to grow and evolve, Margaret Market remains a cornerstone of the neighborhood, connecting generations through its thoughtful blend of history and modernity