Penrith
Central • Margaret Drive
99 Years
Queenstown MRT
Walking distance to Queenstown MRT
Penrith Price
| Bedroom | Price From |
|---|---|
|
614 sqft |
$2,920 psf |
About Penrith
PENRITH is a 99-year leasehold private condominium situated along Margaret Drive in Queenstown, District 03, with access to Queenstown MRT on the East-West Line. The development features 462 units across two iconic 40-storey towers, ranging from 2 to 4 bedroom layouts. Set within Singapore's first satellite town — named in honour of Queen Elizabeth II's coronation — PENRITH blends established neighbourhood heritage with contemporary residential design.
The neighbourhood offers a wide array of amenities, with nearby schools including Queenstown Primary School and Crescent Girls' School. Residents enjoy access to retail and dining at IKEA Alexandra, Queensway Shopping Centre, Holland Village and the long-established Margaret Drive Hawker Centre. For leisure and recreation, the development sits close to Alexandra Canal Linear Park, the Rail Corridor and the wider Southern Ridges green network.
Jointly developed by Hong Leong Holdings, Hong Realty and GuocoLand, the 40-storey twin development is architecturally crafted by ADDP Architects, with interiors by AXIS.ID and landscape design by Coen Design International. Targeting BCA Green Mark Platinum Super Low Energy certification, PENRITH combines heritage-inspired character with contemporary residential design. Explore PENRITH's site plan, floor plans, pricing and showflat to discover your next home in District 03.
Project Details
| Name | Penrith |
| Developer | Margaret Rise Development Pte Ltd |
| Tenure | 99 Years |
| Address | Margaret Drive |
| Region | Central |
| Nearest MRT | Queenstown MRT |
| Expected T.O.P | 01 April 2031 |
| Units | 462 |
| Site Area | 102,497 sqft |
| Plot Ratio | 4.53 |
| No. of Towers | 2 Towers |
| No. of Storeys | 40 Storeys |
| Carpark Lots | 376 Lots |
| Architect | ADDP Architects LLP |
| Main Contractor | Lian Beng Construction (1988) Pte Ltd |
| Showflat Hotline: | 6717 3355 |
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Penrith Location Map
See Nearby Amenities
| Destination | Distance |
|---|---|
|
Queenstown MRT
EW15
MRT Station |
0.35 km |
|
Margaret Drive Hawker Centre
Dining |
0.47 km |
|
Dawson Place
Shopping Mall |
0.46 km |
|
Anchorpoint
Shopping Mall |
0.94 km |
|
IKEA Alexandra
Shopping Mall |
0.97 km |
|
Queensway Shopping Centre
Shopping Mall |
1.13 km |
|
Holland Village
Shopping and Dining |
2.18 km |
|
Tiong Bahru Plaza
Shopping Mall |
2.3 km |
|
Orchard Road
Shopping Mall |
3.33 km |
|
Marina Bay Sands
Shopping Mall |
5.96 km |
|
Jewel Changi Airport
Shopping Mall |
21.28 km |
|
Queenstown Primary School
Primary School |
0.15 km |
Penrith Floor Plan
Download
Penrith Site Plan
See Condo's Facilities
Penrith Unit Mix
See Unit Types and Number
| Type | Units |
|---|---|
|
2 Bedroom 614 sqft |
76 |
|
2 Bedroom Premium 678 sqft |
78 |
|
3 Bedroom 786 - 850 sqft |
117 |
|
3 Bedroom Premium 936 - 1,066 sqft |
77 |
|
4 Bedroom 1,173 sqft |
76 |
|
4 Bedroom Premium 1,281 sqft |
38 |
|
Overall 614 - 1,281 sqft |
462 |
Home Finance
Margaret Drive
Mortgage Payment Breakdown
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Penrith Developer
Hong Leong Holdings Limited (HLHL) was established in 1968 as the privately-held property development and investment arm of the Hong Leong Group. As one of the pioneers of real estate development in Singapore, HLHL has emerged as a major player in the industry, with nearly 100 residential properties and a portfolio of 10 commercial projects under its management. Driven by a forward-thinking vision, HLHL remains committed to continuous growth and innovation, upholding the highest standards in design, customer service and sustainability. With Penrith, HLHL partners with Hong Realty and GuocoLand to bring its signature approach to Margaret Drive in Queenstown.
GuocoLand is an award-winning real estate company recognised as a leading developer of integrated mixed-use developments, distinguished by quality, innovative design and considered concepts. In Singapore, GuocoLand has successfully developed close to 40 residential projects, yielding more than 11,000 homes that have garnered numerous awards and accolades. The group has a stellar track record in developing large-scale integrated mixed-use developments and high-end residential projects — investing in undertakings that have rejuvenated districts, shaped communities and transformed cityscapes. With Penrith, GuocoLand partners with Hong Leong Holdings and Hong Realty to bring its signature approach to Margaret Drive in Queenstown.
Penrith Review
Named for the historic market town in Cumbria, England, and set within Singapore's first satellite town, PENRITH stands at the meeting point of two heritage stories. Queenstown's evolution — from 1950s pioneer estate to a benchmark for urban community living — anchors the 40-storey twin towers along Margaret Drive.
For buyers who value provenance as much as prestige, PENRITH offers more than an address — it carries forward a legacy of place. It is positioned for residents seeking a home with story and substance, where heritage character meets contemporary design in the heart of an established enclave.
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