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.
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.
