Penrith
Condominium | 99 Years Leasehold
70 - 72 Margaret Drive
District D03 (Commonwealth / Alexandra)
Overview of Penrith
2 bedroom from $1.788M
Units from $2,912 psf onwards
Project Address: 70 - 72 Margaret Drive, Singapore
District D03 (Commonwealth / Alexandra)
Updated units availability
(Updated: 18-Oct-2026)
Total units: 462 Units
Total units sold: 458 / 462 Units (99% Sold)
Total units available: 4 / 462 Units (1% Available)
Penrith is a new condominium launch that brings together thoughtful design, scale, and long-term appeal in one highly anticipated address. Set at 70 - 72 Margaret Drive in District D03, this 99 Years Leasehold development presents a fresh residential offering by GuocoLand & Hong Leong Holdings. Planned with a clear sense of presence, Penrith stands on a site of approximately 102,497 sqft and will comprise 2 blocks of 40 storey residential towers. For homebuyers and investors seeking a new home with strong credentials, Penrith offers the reassurance of established names behind the project, paired with a well-considered vision for contemporary living.
Designed by ADDP Architects, Penrith is shaped to meet the expectations of modern homeowners who value comfort, efficient planning, and a refined residential setting. The development will house 462 units, creating a substantial private community with a balanced selection of homes to suit varying lifestyle needs. The unit mix includes 2BR, 2BR Premium, 3BR, 3BR Premium, 4BR, and 4BR Premium residences, offering options for couples, growing families, and those looking for more generous living space. This range allows buyers to choose a layout that aligns with their daily routines and future plans, whether they are purchasing for own stay or as a property asset with enduring relevance.
Every aspect of Penrith is anchored by its identity as a premium condominium project with a clear emphasis on quality and liveability. Its 40-storey towers lend the development a strong architectural profile, while the scale of the site supports a sense of openness that is increasingly valued in Singapore's residential market. With a project team led by GuocoLand & Hong Leong Holdings and design by ADDP Architects, Penrith enters the market with a combination of experience, credibility, and thoughtful execution. These are qualities that matter to discerning buyers who look beyond the immediate launch and consider how a development may continue to hold appeal over time.
Expected to attain TOP in Apr 2031, Penrith offers buyers the opportunity to secure a home in a brand-new condominium at Margaret Drive, District D03, with a forward-looking completion timeline. From its 99 Years Leasehold tenure to its broad selection of unit types and its substantial land parcel, Penrith is positioned as a compelling new launch for those seeking a well-planned home in Singapore. For purchasers exploring a residence that brings together scale, design pedigree, and a sought-after address at 70 - 72 Margaret Drive, Penrith presents a promising opportunity to be part of a new chapter in contemporary condominium living.
Penrith is a 99 Years Leasehold Condominium located at Margaret Drive in Singapore’s District D03. Comprising 2 Blocks of 40 Storey with a total of 462 Units, the development is thoughtfully designed by the acclaimed local architectural firm ADDP Architects.
Developed by the reputable developer Guocoland & Hong Leong Holdings, Penrith occupies a site area of approximately 102,497.1 sqft (9,522.3 sqm) and is expected to achieve TOP (Temporary Occupation Permit) by Apr 2031.
Penrith is a new condominium launch that brings a fresh level of prestige to 70 - 72 Margaret Drive in District D03. Set along Margaret Drive, this 99 Years Leasehold development is poised to become one of the most closely watched additions to the area, appealing to buyers who value a well-conceived home with strong design pedigree and lasting everyday comfort. As a Penrith new launch, the project carries the assurance of two highly respected names in the market, Guocoland & Hong Leong Holdings, with architecture by ADDP Architects. Together, they present a residential address shaped with clarity, balance, and purpose. For buyers searching for a Margaret Drive new launch with a strong identity and a premium residential offering, Penrith Singapore introduces a compelling opportunity to secure a home in a development created for modern urban living.
Occupying a generous plot size of 102,497sqft, Penrith condominium is planned as 2 blocks of 40 storey residences with a total of 462 units. This scale allows the project to feel substantial while still retaining a sense of exclusivity, with a range of unit types carefully composed to serve different household needs. Buyers can choose from 2BR, 2BR Premium, 3BR, 3BR Premium, 4BR, and 4BR Premium layouts, giving this Penrith new condo broad appeal across couples, families, and investors looking for a quality home in a new condo launch. The architectural expression by ADDP Architects is expected to lend the development a clean and confident presence, while the planning of the towers and shared spaces should support ease of movement, openness, and an elevated residential experience. As a Margaret Drive new condominium, Penrith is positioned to attract attention from purchasers who appreciate a project that balances scale with liveability.
A major part of the appeal of Penrith condo lies in how thoughtfully its homes are expected to be planned. Today's buyers place real importance on efficient interior layouts, comfortable proportions, and flexible spaces that can adapt to changing lifestyles, and this is where interest in the Penrith floor plan will naturally be high. Whether considering a practical 2-bedroom residence or a larger 4-bedroom premium home, buyers will want to see how each layout has been arranged to maximise daily comfort, natural flow, and usability. The Penrith site plan will also be an important point of interest, as it gives a fuller picture of how the towers, arrival spaces, facilities, and landscaped areas come together within the development. For many purchasers, reviewing the Penrith brochure will be the first step in understanding the finer details of the concept, the design language, and the lifestyle vision behind this Penrith new condominium. When these elements are brought together successfully, they create more than just a collection of homes; they shape a residential environment with lasting appeal.
Beyond design and planning, buyers evaluating this new launch condo will naturally be attentive to value, and interest in the Penrith price is expected to be strong from the outset. In Singapore's competitive residential market, pricing remains central to decision-making, especially for purchasers comparing quality, unit mix, and long-term potential across a range of projects. The Penrith price list will therefore be one of the most anticipated details for prospective buyers who want to assess entry levels across the available configurations, from 2BR homes to larger premium family residences. Demand is also likely to centre on Penrith available units, particularly during the initial release phase when buyers often seek the best stack, preferred orientation, or a specific layout type. As a Penrith new launch backed by established developers, the project is likely to draw strong attention from both owner-occupiers and investors looking for a Penrith new condo with credibility and broad market appeal. For those monitoring every new condo launch in the city, this development stands out as a project worth following closely from launch through balloting and sales release.
Penrith Singapore also benefits from the confidence inspired by its development team. Guocoland & Hong Leong Holdings have long been associated with quality residential projects, and their involvement gives this Penrith condominium a strong foundation in terms of planning, execution, and market trust. With ADDP Architects shaping the design, the project is expected to reflect a careful approach to form and function, with attention given to both the homes and the shared environment. This matters greatly in a Margaret Drive new condo, where buyers are not simply choosing an address but investing in a complete residential experience that should remain appealing for years to come. The expected TOP of Apr 2031 gives purchasers a clear timeline, allowing them to plan ahead while securing a place in a project that promises contemporary living in a well-defined setting. As a Margaret Drive new condominium with a substantial unit mix and a clear development vision, Penrith is likely to resonate with a wide audience seeking a refined city-fringe home.
Interest in Penrith condo is expected to build steadily as more information becomes available, especially among buyers who value detail before making a decision. The release of the Penrith brochure, Penrith site plan, and Penrith floor plan will play a key role in shaping market response, as these materials allow purchasers to study the project with greater clarity. Equally, the launch of the Penrith price and full Penrith price list will help define how this Penrith new launch is positioned within the broader landscape of premium residential offerings. With 462 units across 2 blocks of 40 storey residences, Penrith new condominium presents a substantial yet carefully curated selection of homes, and the level of interest in Penrith available units is likely to reflect that breadth of choice. For buyers searching specifically for a Margaret Drive new launch, a Margaret Drive new condominium, or a Margaret Drive new condo with strong credentials, Penrith offers a rare chance to explore a development shaped by established names, thoughtful design, and a residential concept attuned to modern expectations.
Penrith Project Details
| Project Name: | Penrith |
|---|---|
| Type: | Condominium |
| Tenure: | 99 Years Leasehold |
| Developer: | Guocoland & Hong Leong Holdings |
| Architect: | ADDP Architects |
| District: | District D03 (Commonwealth / Alexandra) |
| Address: | 70 - 72 Margaret Drive |
| Site Area: | Approx. 102,497.1 sqft / 9,522.3 sqm |
| Total Storey: | 2 Blocks of 40 Storey |
| Total Units: | 462 Units |
| Total Carpark: | 373 Lots + 3 Handicap Lots |
| T.O.P Date: | Apr 2031 |
| Land Cost: | $1,154 PSF PPR |
| Available Unit Types: |
2 Bedroom |
| Total Sold Units: | 458 / 462 Units (99% Sold) |
| Visit Showflat: | Book Showflat Viewing Appointment |
| Shortlist Project: |
Penrith Photos Gallery
Penrith Location & Nearby Amenities
Positioned at 70 - 72 Margaret Drive in District 03, Penrith enjoys a well-connected address in one of Singapore's most established city-fringe neighbourhoods. This condominium places residents within Queenstown, an area long valued for its balance of urban convenience and everyday liveability. From Margaret Drive, commuting into the CBD, Orchard Road, and key business districts is straightforward, while the surrounding estate offers a mature mix of retail, dining, schools, and green spaces. For homebuyers who appreciate a central setting without giving up the comforts of a residential environment, Penrith presents a location that feels both practical and desirable.
A major draw of Penrith is its excellent transport connectivity. Queenstown MRT Station is accessible by walking or a short public transport ride, making daily travel across Singapore easy and efficient. This strong rail connection is complemented by a reliable bus network serving the wider Queenstown and Alexandra precincts, giving residents flexibility whether they are heading to work, school, or weekend outings. Drivers will also appreciate the convenient access to major expressways, including the Ayer Rajah Expressway and Central Expressway, which support smooth connections to the city centre, the west, and other parts of the island. The address along Margaret Drive also places residents close to key arterial roads, further enhancing mobility for those who prefer to travel by car.
Beyond connectivity, the neighbourhood around Penrith is rich in everyday amenities that support a well-rounded lifestyle. A wide selection of retail destinations is within easy reach, including Dawson Place, Anchorpoint Shopping Centre, Alexandra Central, Queensway Shopping Centre, Depot Heights Shopping Centre, Tanglin Mall, and Valley Point. These malls offer everything from supermarkets and essential services to fashion, home needs, cafés, and casual dining options, making daily errands simple and convenient. The wider area is also known for its diverse food scene, with hawker fare, neighbourhood eateries, and popular dining spots scattered throughout Queenstown and Alexandra. For those who enjoy time outdoors, the city-fringe setting provides access to nearby parks and leafy pockets that add a welcome sense of calm to everyday living.
Families will find added appeal in the range of reputable schools near Penrith. Queenstown Primary School, New Town Primary School, Gan Eng Seng Primary School, and Alexandra Primary School are all accessible by walking or public transport, giving parents a practical choice of educational options within the surrounding area. This ease of access to schools, together with the neighbourhood's transport links and established amenities, strengthens Penrith's appeal as a home for a broad range of buyers. Altogether, Penrith at Margaret Drive offers the rare advantage of a central address set within a mature and highly convenient estate, where shopping, dining, education, and connectivity come together to create an appealing place to live.
Positioned at 70 - 72 Margaret Drive in District 03, Penrith enjoys one of the most appealing residential settings in the city fringe, where everyday convenience meets the charm of a mature, well-connected neighbourhood. For buyers searching for a home with lasting location value, Penrith Singapore stands out for its address along Margaret Drive, a familiar and well-regarded enclave within Queenstown. This part of the city has long been appreciated for its balance of established amenities, green surroundings, and swift access to central Singapore. As a Penrith new launch, the project places residents in a location that feels highly liveable from the outset, with daily essentials, transport options, and recreational spaces already woven into the area. The Penrith location also benefits from the character of a neighbourhood that continues to evolve, giving residents the appeal of a refreshed urban environment without losing the comfort of a settled community.
One of the key advantages of Penrith condominium is its excellent transport connectivity. Queenstown MRT Station is conveniently accessible by walking or a short public transport ride, making commuting to the CBD, Orchard, Buona Vista, and other major destinations smooth and efficient. This level of accessibility adds to the appeal of Penrith new condominium for professionals, families, and investors who value ease of movement across Singapore. In addition to rail access, the surrounding road network supports quick travel by car, with nearby connections to major expressways such as the Ayer Rajah Expressway and the Central Expressway, linking residents to the city centre, the western business corridor, and other parts of the island with relative ease. The convenience of buses along Margaret Drive and the wider Queenstown precinct further strengthens the appeal of this Margaret Drive new launch, allowing residents to move around comfortably even without driving. For homebuyers considering a new launch condo in a central-fringe location, this level of connectivity adds meaningful day-to-day value.
Families will also appreciate the educational options around Penrith condo, especially for those who prefer a neighbourhood where schools are within easy reach by walking or public transport. Queenstown Primary School, New Town Primary School, Gan Eng Seng Primary School, and Alexandra Primary School are all located within the wider vicinity, adding practical appeal to this Margaret Drive new condo for households planning around school routines. Access to established schools is often a major consideration when choosing a home, and the presence of several reputable primary schools nearby strengthens the residential draw of this address. Beyond convenience, Queenstown has long been seen as a family-friendly estate with mature infrastructure, pedestrian-friendly pockets, and everyday amenities that support a steady and comfortable routine. For buyers exploring a Penrith new condo in District 03, the combination of school accessibility and city-fringe convenience makes the location especially compelling.
Retail and dining options around the area further enhance the lifestyle appeal of Penrith Singapore. Residents can head to Dawson Place for daily necessities and casual meals, while Anchorpoint Shopping Centre and Alexandra Central expand the range of shopping, supermarkets, cafés, and services nearby. Queensway Shopping Centre remains a familiar destination for sportswear and casual retail, while Depot Heights Shopping Centre provides additional neighbourhood convenience. For a wider selection of dining and lifestyle experiences, Tanglin Mall and Valley Point are also within easy reach by public transport or a short drive. This variety gives Penrith condominium a practical edge, as residents can enjoy both everyday convenience and more curated lifestyle options without travelling far. The area also offers a good mix of local food choices, independent cafés, and established eateries, giving this Margaret Drive new condominium a sense of lived-in warmth that many newer districts take years to develop. For buyers evaluating a new condo launch, the ability to enjoy an already-complete neighbourhood is a major advantage.
Beyond transport and shopping, the wider Queenstown and Alexandra area brings a welcome sense of openness and greenery to urban living. Residents of Penrith new launch can enjoy proximity to parks, tree-lined streets, and recreational spaces that soften the pace of city life. The neighbourhood's mature planning creates a pleasant residential atmosphere, while nearby park connectors and open spaces offer opportunities for morning walks, light exercise, and time outdoors. This adds another layer of appeal to the Penrith location, especially for those who want a home that feels connected not only to the city, but also to nature and community life. Queenstown's long-established identity gives Penrith condo a sense of place that is increasingly valued in Singapore's residential market, where buyers often seek addresses with both convenience and character. In this regard, Penrith new condominium benefits from being part of an area that is easy to navigate, rich in amenities, and grounded in a genuine neighbourhood atmosphere.
Set within a highly accessible and well-loved part of District 03, Penrith presents a compelling choice for buyers looking at a Margaret Drive new launch with strong location credentials. Its address on Margaret Drive places it close to Queenstown MRT Station, established schools, varied retail destinations, and major road links, creating the kind of convenience that supports both daily living and long-term desirability. Whether one is searching for a Penrith new condo for own stay or considering the potential of a Penrith condominium in a central-fringe estate, the surrounding environment offers a rare combination of connectivity, comfort, and neighbourhood depth. As a Margaret Drive new condominium and new launch condo in one of Singapore's most recognised city-fringe districts, Penrith is well placed to attract those who appreciate a home set within an area that is complete, connected, and full of everyday appeal.
Map Legend
Boys Schools
Girls Schools
Mixed Schools
MRT / LRT Stations
Shopping Malls
Nearest Schools
Queenstown Primary School Mixed School (Approx 90m)
New Town Primary School Mixed School (Approx 1.09km)
Gan Eng Seng Primary School Mixed School (Approx 1.35km)
Alexandra Primary School Mixed School (Approx 1.8km)
Nearest MRT Stations
Queenstown MRT Station (Approx 330m)
Redhill MRT Station (Approx 1.13km)
Commonwealth MRT Station (Approx 1.36km)
Napier MRT Station (Approx 1.6km)
Orchard Boulevard MRT Station (Approx 1.81km)
Nearest Malls
Dawson Place (Approx 430m)
Anchorpoint Shopping Centre (Approx 850m)
Penrith Siteplan
Penrith Floor Plan & Elevation Chart
Penrith Unit Types and Unit Prices
| Unit Type | Unit Size | Unit Price | Unit Average PSF | Available Units |
|---|---|---|---|---|
| 2 Bedroom | 614 sqft (57 sqm) |
From $1.788M | Avg ~$2,918psf | 4 / 76 Units |
(Updated: 18-Oct-2026)
Penrith Available Units and Price List
| Unit Type | Type | Size | Stack | Price (Min) | Price (Max) | PSF (Min) | PSF (Max) | Available Units |
|
|---|---|---|---|---|---|---|---|---|---|
| 2BR | 614sqft (57sqm) |
04 | $1,788,000 | $1,796,000 | $2,912psf | $2,925psf |
(Updated: 18-Oct-2026)
| Unit Type | Unit Number |
Size | Price | PSF | |
|---|---|---|---|---|---|
| 2BR | (2)a | #32-04 | 614sqft (57sqm) |
$1,788,000 |
$2,912psf |
| 2BR | (2)a | #35-04 | 614sqft (57sqm) |
$1,792,000 |
$2,919psf |
| 2BR | (2)a | #36-04 | 614sqft (57sqm) |
$1,794,000 |
$2,922psf |
| 2BR | (2)a | #37-04 | 614sqft (57sqm) |
$1,796,000 |
$2,925psf |
Penrith Videos
Penrith Developer
Guocoland
GuocoLand Limited ("GuocoLand") and its subsidiaries ("the Group") are a leading real estate group focused on two main growth drivers: Property Investment and Property Development. The Group develops, invests in, and manages a portfolio of high-quality commercial and mixed-use assets, generating stable, recurring rental income with the potential for capital appreciation. With a strong reputation, GuocoLand excels in creating distinctive integrated developments and premium residential properties that enhance and transform local neighborhoods.
As of 30 June 2024, the Group's investment properties were valued at S$6.56 billion, spanning key markets in Singapore, China, and Malaysia. Notable assets include Guoco Tower and Guoco Midtown in Singapore, Guoco Changfeng City in Shanghai, and Damansara City in Kuala Lumpur. Iconic residential projects by the Group include Wallich Residence, Martin Modern, Meyer Mansion, Midtown Modern, Midtown Bay, Lentor Modern, and Lentor Mansion.
GuocoLand's comprehensive capabilities cover the entire real estate value chain, from planning and design to property investment, development, management, and asset management.
Listed on the Mainboard of the Singapore Exchange, GuocoLand is a subsidiary of Guoco Group Limited, which is also listed on the Main Board of The Stock Exchange of Hong Kong Limited. Both companies are part of the Hong Leong Group in Malaysia.
Hong Leong Holdings
Hong Leong Holdings Limited (HLHL), founded in 1968, is the private property development and investment arm of Hong Leong Group, one of Asia's largest and most successful diversified conglomerates, headquartered in Singapore.
With a strong reputation for quality, HLHL is a trusted and established developer known for delivering some of the most recognizable and iconic developments in Singapore. The company is committed to continuously pursuing higher standards in its developments, with a focus on excellence in design, sustainability, and customer service.
Penrith - Nearby Projects Comparison
| Penrith | Jervois Prive | Bloomsbury Residences | Hudson Place Residences | Upperhouse at Orchard Boulevard | Grange 1866 | Terra Hill | The Lumos |
| Condominium | Condominium | Mixed Development | Condominium | Condominium | Condominium | Condominium | Condominium |
| 99 Years Leasehold | Freehold | 99 Years Leasehold | 99 Years Leasehold | 99 Years Leasehold | Freehold | Freehold | Freehold |
| District D03 (Commonwealth / Alexandra) |
District D10 (Bukit Timah / Holland / Tanglin) |
District D05 (Buona Vista / West Coast / Clementi) |
District D05 (Buona Vista / West Coast / Clementi) |
District D10 (Bukit Timah / Holland / Tanglin) |
District D10 (Bukit Timah / Holland / Tanglin) |
District D05 (Buona Vista / West Coast / Clementi) |
District D09 (Orchard / River Valley) |
| 70 - 72 Margaret Drive | 100A Jervois Road | 61 - 65 Media Circle Road | 18 - 20 Media Circle | 22 Orchard Boulevard | 74 Grange Road | 18 - 22 Yew Siang Road | 9 Leonie Hill |
| TOP Date: Apr 2031 | TOP Date: 2023 Completed | TOP Date: Nov 2028 | TOP Date: Sep 2029 | TOP Date: H2 2028 | TOP Date: 2025 Completed | TOP Date: Q1 2028 | TOP Date: 2011 Completed |
| Total Units: 462 Units | Total Units: 43 Units | Total Units: 358 Units | Total Units: 327 Units | Total Units: 301 Units | Total Units: 60 Units | Total Units: 270 Units | Total Units: 53 Units |
| 2 bedroom from $1.788M | 1 to 3 bedroom units from $1.658M | 2 to 4 bedroom units and Penthouses from $1.731M | 2 to 6 bedroom units from $1.723M | 1 to 4 bedroom units from $1.571M | 1 bedroom from $1.638M | 4 to 5 bedroom units from $4.003M | 2 to 4 bedroom units from $3.424M |
| Units from $2,912 psf onwards | Units from $3,020 psf onwards | Units from $2,531 psf onwards | Units from $2,468 psf onwards | Units from $3,314 psf onwards | Units from $3,108 psf onwards | Units from $2,151 psf onwards | Units from $2,782 psf onwards |
| View Project | View Project | View Project | View Project | View Project | View Project | View Project |
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