Penrith

Margaret Drive
$2,874,000

HIGHLIGHTS

3

BEDS

2

BATHS

1,066

SQFT

Sold within 1 month!

This 3-bedroom, 2-bathroom Premium unit at Penrith was successfully sold within just one month, underscoring the strong demand for well-located, thoughtfully designed homes in Queenstown’s prime city-fringe enclave.

Spanning 1,066 sqft, the residence features an efficient and family-friendly layout with well-proportioned bedrooms, comfortable living and dining spaces, and a design that balances functionality with modern elegance. Ideal for both owner-occupiers and investors, the unit appealed strongly to buyers seeking a quality home in a mature estate with excellent connectivity and long-term growth potential.

Developed by Hong Leong Holdings and GuocoLand, Penrith enjoys a strategic District 3 location just minutes from Queenstown MRT, with easy access to the CBD, Orchard Road, and major expressways. Surrounded by established amenities, reputable schools, and lifestyle hubs such as Dawson Place and Alexandra Central, Penrith continues to stand out as one of the most sought-after new launches in the city fringe.

This swift sale reflects Penrith’s appeal as a blue-chip residential address offering both lifestyle excellence and enduring investment value.

2 Bedrooms

2 Bedrooms

1 Bathroom

614 sqft

$1,805,000

2 Bedrooms Premium

2 Bathrooms

678 sqft

-

3 Bedrooms Premium

2 Bathrooms

786-850 sqft

-

3 Bedrooms Premium

2 Bathrooms

936-1,066 sqft

-

4 Bedrooms

2 Bathrooms

1,173 sqft

-

4 Bedrooms Premium

3 Bathrooms

1,281 sqft

$3,920,000

SHARE THIS PROPERTY

Penrith comprises 462 residential units housed across two 40-storey towers, built on a sprawling site of approximately 102,497 sqft with a plot ratio of 4.53. Thoughtfully designed to cater to a wide spectrum of homeowners, unit configurations range from 2-bedroom to 4-bedroom layouts, making it ideal for singles, couples, and multigenerational families.

This development is enhanced with practical features such as 376 carpark lots, 116 bicycle lots, and an integrated Early Childhood Development Centre (500 sqm)—reflecting a forward-looking approach to urban family living.

As a collaboration between two of Singapore’s most trusted developers, Penrith offers residents not just a home, but a long-term legacy of quality and thoughtful design.

Project Details:

  • Project Name: Penrith

  • Tenure: 99 Years

  • District: 3 (Commonwealth / Margaret Drive)

  • Developer: Hong Leong Holdings & GuocoLand

  • Address: 70 & 72 Margaret Drive, Singapore 149926 / 149927

  • Total Units: 462

  • Unit Types:

    • 2 Bedroom

    • 3 Bedroom

    • 4 Bedroom

  • Site Area: Approx. 9,522.3 sqm (102,497 sqft)

  • No. of Towers: 2

  • No. of Storeys: 40

  • Carpark Lots: 376 + 3 Accessible

  • Bicycle Lots: 116

  • TOP Date: 1 April 2029

  • Legal Completion: 1 April 2034

  • Main Contractor: Lian Beng Group

  • Architect: ADDP Architects LLP

  • Landscape Architect: Coen Design International

  • Interior Design: Axis ID Pte Ltd

Penrith enjoys a prime city-fringe location along Margaret Drive in Queenstown, offering residents unmatched connectivity and lifestyle convenience. It is just a 4-minute sheltered walk to Queenstown MRT Station, providing easy access to the CBD, Orchard Road, and other major hubs via the East-West MRT line. Drivers will also benefit from quick access to major expressways like the AYE and CTE, with just a 5–10 minute drive to Orchard and the Central Business District.

Nearby Amenities:

  • Malls & Eateries: Dawson Place, IKEA Alexandra, Alexandra Central, Anchorpoint, Margaret Drive Hawker Centre

  • Schools:

    • Within 1km: Queenstown Primary School

    • 1–2km: New Town Primary School, Gan Eng Seng Primary School, Alexandra Primary School

  • Parks & Recreation: Alexandra Canal Linear Park, Rail Corridor

  • Healthcare & Daily Needs: Queenstown Polyclinic, FairPrice Dawson, and other essential services are also nearby

With *permanent unblocked views (subject to future land use), Penrith offers a rare opportunity to own a home in one of Singapore’s most transformational city-fringe districts.

ENQUIRE ABOUT

Penrith

Margaret Drive

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Bedrooms: 3 - 5

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