Penrith

Margaret Drive
Prices starting from $1,805,000

HIGHLIGHTS

2 – 4

BEDS

1 – 3

BATHS

614 – 1,281

SQFT

Welcome to Penrith – An Iconic New Launch in Queenstown

Welcome to Penrith, an architectural landmark in Queenstown (District 3) — a prestigious 99-year leasehold condominium jointly developed by Hong Leong Holdings and GuocoLand, two of Singapore’s most respected developers.

Strategically located in the heart of the Queenstown planning area, Penrith offers an inspired balance between city connectivity and serene residential charm. Set amidst the evolving Clementi-Rochester-One-North corridor, this development represents the most significant new launch in Queenstown since Stirling Residences (2018) — a statement of design, convenience, and long-term value.

Designed for modern families and urban professionals, Penrith delivers luxury living with unrivalled accessibility, minutes from Queenstown MRT, Alexandra Park Connector, and Orchard Road. Every aspect — from its elevated landscaping to its curated lifestyle amenities — is crafted to redefine city-fringe living in one of Singapore’s most beloved heritage districts.

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

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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.

What is the tenure of Penrith and who are the developers?

Penrith is a 99-year leasehold development, a joint venture by renowned developers Hong Leong Holdings and GuocoLand.

How is the connectivity from Penrith to public transport and major expressways?

Penrith boasts excellent connectivity, with Queenstown MRT Station (EW19) just a 4-minute sheltered walk away. It also offers easy access to the AYE and CTE expressways, and is a short 5-10 minute drive to Orchard Road and the CBD.

What are the key amenities and schools located near Penrith?

Within a 1km radius, residents have access to Dawson Place, IKEA Alexandra, Alexandra Central, Anchorpoint, and Margaret Drive Hawker CentreQueenstown Primary School is within 1km, with other reputable schools like New Town Primary and Alexandra Primary within 1-2km.

What are the typical ceiling heights and kitchen/bathroom fittings provided in Penrith units?

Units at Penrith feature a comfortable 2.8m ceiling height. Kitchens are equipped with Franke sinks and Graff mixers, along with Samsung fridges and Electrolux induction hobs, hoods, and washer/dryers. Bathrooms feature Roca and Johnson Suisse sanitary ware, complemented by Graff and Monic fittings.

Does Penrith offer smart home features or specific balcony provisions?

While specific smart home features are to be advised, each unit at Penrith includes a digital lock for enhanced security. Balconies are thoughtfully provided with a bib tap and power point for added convenience.

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Penrith

Margaret Drive

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