Penrith™ at Queenstown

Penrith Review

Nestled in the heart of the mature Queenstown estate, the new condominium at Margaret Drive by renowned developers Guocoland and Hong Leong is set to redefine modern urban living. This highly anticipated development Penrith promises a harmonious blend of convenience, luxury, and tranquility, making it a prime choice for homeowners and investors alike.

Strategically located along Margaret Drive, the Penrith enjoys seamless connectivity to the rest of Singapore. Queenstown MRT Station on the East-West Line is just a short stroll away, ensuring effortless commutes to the Central Business District, Orchard Road, and other key areas. For drivers, the Ayer Rajah Expressway (AYE) and Queensway provide convenient road access to various parts of the island.

The Queenstown, Penrith condominium, featuring a 99-year leasehold tenure, is a joint development by Guocoland and Hong Leong. Spanning 102,497.1 square feet (9,522.3 square meters), the site is designated for mixed-use development, comprising luxurious residential units. During the Government Land Sales exercise, the site attracted two bidders, with the Guocoland and Hong Leong partnership securing the winning bid of $497 million, which equates to $1,154 per square foot per plot ratio (psf ppr).

This upcoming Penrith is set to offer approximately 460 premium residential units, catering to both owner-occupiers and property investors.

Residents of Penrith will be spoilt for choice with a wide array of amenities surrounding the development. Shopping malls such as IKEA Alexandra, Queensway Shopping Centre, and Alexandra Central are just minutes away, offering retail therapy, dining options, and everyday conveniences. For those who enjoy outdoor activities, the nearby HortPark, Rail Corridor, and Southern Ridges provide lush green spaces for relaxation and recreation.

The Margaret Drive condominium is also ideal for families, given its proximity to reputable educational institutions. Renowned schools such as Queenstown Primary School, Crescent Girls’ School, and the National University of Singapore are within easy reach, ensuring quality education for children of all ages.

Beyond its prime location, the development is poised to offer a luxurious living experience. The condominium is expected to feature well-designed units with modern layouts, premium fittings, and floor-to-ceiling windows to maximize natural light and stunning views of the surrounding greenery. Residents can look forward to an array of lifestyle facilities, including a swimming pool, fitness gym, and landscaped gardens, designed to cater to every aspect of wellness and leisure.

Whether you’re a professional seeking an easy commute, a family desiring excellent amenities and schools, or an investor looking for a property in a sought-after area, the Penrith offers the perfect balance of convenience and sophistication. With Guocoland and Hong Leong’s stellar track record in delivering quality developments, this project is set to become a landmark in Queenstown, offering a lifestyle of unparalleled comfort and prestige.

The Penrith development is about to launch soon! You may learn more about the development here: Penrith – Brand New Queenstown  Condominium by Guocoland and Hong Leong.

Aspiring home owners may proceed to view and download Penrith Floor Plan & Penrith E-Brochure when it is ready.

Financing is one of the most important consideration to your purchase. As this development is under construction upon purchase, buyers can learn more about the payment scheme and do a calculation prior to your visit using the progressive payment calculator.

It is also important to identify the loan to value for your scenario as MAS has strict regulations on home loans. For more information regards to financing or stamp duties, please fill up the contact form and we will be glad to assist.

Interested parties of Penrith can find more project details in this site. The site plan and floor plans will be out soon and updated here. The elevation chart depicts the distribution of units in the development and the balance unit chart will updated regularly upon launch of the project. Please check back on this site to be kept posted.