Penrith is a 99-year leasehold condominium by Hong Leong Holdings, Hong Realty and GuocoLand, located along Margaret Drive in prime Queenstown (District 3). Rising two 40-storey towers with 462 units on a ~102,497 sq ft site, it marks the first private condominium launch in Queenstown since 2018. Designed with families in mind, the development features efficient layouts, quality finishes and a full suite of facilities, built to meet BCA Green Mark Platinum (Super Low Energy) standards for long-term sustainability and comfort. Read More
Residents enjoy excellent accessibility—just a 4 to 8-minute walk to Queenstown MRT (East-West Line) and quick connections via the AYE and CTE to Orchard, Marina Bay and the CBD. Everyday convenience is close at hand with Margaret Drive Hawker Centre, IKEA Alexandra, Anchorpoint Mall, and the rejuvenated Dawson and Tanglin Halt precincts nearby. The neighbourhood is also surrounded by reputable schools such as New Town Primary, Queensway Secondary, and tertiary institutions including MDIS and NUS, reinforcing its family appeal.
Within the development, residents can enjoy a 50 m lap pool, children’s pool, tennis court, clubhouse, co-working lounges, rooftop sky gardens, and an on-site childcare centre. With its city-fringe location, trusted developer pedigree, and limited new-launch supply in a mature district, Penrith stands out as one of Queenstown’s most anticipated projects—combining everyday convenience, long-term value and a family-oriented lifestyle.
Penrith Price List
Priced between $1.495M for a 2 Bedroom unit and $3.078M for a 4 Bedroom unit, the price per square foot (PSF) for Penrith ranges from $2,437 to $2,623. Refer to the Balance Units section below for the latest pricing of the available units in Penrith.
Penrith Showflat
The Penrith showflat, located along Margaret Drive opposite Margaret Ville, is now open for viewing by appointment only. After seven years without a new condominium launch in Queenstown, buyer interest is at an all-time high — and Penrith is drawing attention for all the right reasons. With prices starting below nearby older resale condos, it presents an exceptional opportunity to secure a city-fringe home by renowned developers. A must-see for families and investors seeking a rare blend of value, quality and long-term growth potential.
đź“ž Contact our team today to arrange your exclusive viewing and discover why Penrith stands out as one of the most compelling value buys in the city fringe.
Unmatched City-Fringe Connectivity: Just minutes’ walk to Queenstown MRT with effortless access to Orchard, Marina Bay and the CBD, surrounded by lifestyle conveniences like IKEA Alexandra, Margaret Drive Hawker Centre and the vibrant Dawson precinct.
A Rare New Launch in Queenstown’s Heart: The first new condominium launch in Queenstown in seven years, developed by GuocoLand, Hong Leong and Hong Realty — a trusted trio behind some of Singapore’s most desirable residential addresses.
Sustainable Luxury for Modern Families: Thoughtfully planned layouts, resort-style facilities and an on-site childcare centre, all built to BCA Green Mark Platinum (Super Low Energy) standards — blending comfort, wellness and long-term value.
