A Place to Begin
Your Next Chapter
Penrith @ Margaret Drive is Queenstown’s first new condo in 8 years, offering exclusive city fringe living. Whether you are building a family or planning for the future, Penrith provides a refined sanctuary that combines connectivity, comfort, and long term value in one exceptional address.
*information is subject to change and all images used are for illustration purposes only.
Lifestyle Convenience
With Queenstown MRT just 5-mins walk away, direct access to major expressways, and a curated selection of established amenities including IKEA, Anchorpoint, Queenstown Shopping Centre, Mei Ling Market.
Penrith presents a rare blend of seamless connectivity and sophisticated urban convenience in a coveted city fringe enclave.
Premier Education
Penrith offers a strong foundation for academic growth just beyond your doorstep with the following reputable schools nearby:
Queenstown Primary (0.89km) , New Town Primary(0.95km) Queensway Secondary (1.3km), Crescent Girls’ School (1.6km)
Nature Recreation
Designed for wellness and quiet renewal, Penrith offers immediate access to nature’s best. Only 4 mins walk to Alexandra Canal Linear Park which connects to HortPark and the close proximity to Rail Corridor opens up scenic routes for running, cycling and reflection.
Step into a lifestyle where movement and mindfulness are part of daily life.
Investment Potential
As the first new condominium in Queenstown close to a decade, Penrith offers rare entry into a mature district with limited future land supply and long term value protection.
Located near major employment hubs such as the CBD, one north, Mapletree Business City, and Alexandra Technopark, it attracts a strong tenant base of professionals, expatriates, and families.
Be Among the First to Discover Penrith
Get floor plans, developer indicative pricing, site map and exclusive launch offers at upcoming condo launch in District 3 (Tiong Bahru / Alexandra / Queenstown)
Official E-Brochure
A Home for Every Lifestyle
Penrith Singapore offers a curated selection of one to four bedroom homes, each thoughtfully designed with spacious interiors, natural light, and a sense of quiet sophistication. Set against panoramic city and garden views, these residences offer a rare blend of elegance, comfort, and heritage living.
*information is subject to change and all images used are for illustration purposes only.
Spaces Designed to Inspire
The floor plans at Penrith are not simply layouts—they are living expressions of design intelligence and understated luxury. With generous proportions, natural flow, and an emphasis on privacy and light, these spaces adapt effortlessly to your evolving lifestyle.
Floorplans & Pricing
A City Fringe Landmark Rooted in Heritage
Located within one of Singapore’s most established residential belts, Penrith Singapore is a 99 year leasehold condo set among the vibrant surroundings of Tiong Bahru, Alexandra, Queenstown, and Commonwealth. It offers not only proximity to central Singapore but also the character of a mature estate, surrounded by culture, convenience, and the quiet dignity of a place that has stood the test of time.
99
years leasehold
460
residential units
2029
estimated TOP
District 3
Alexandra | Queenstown | Tiong Bahru
9,522 sqm
gross area size
Margaret Drive, Sg 149303
address
See Full Factsheet
Jointly Developed By
Penrith is brought to you by two of Singapore’s most reputable property developers — GuocoLand and Hong Leong Holdings. GuocoLand, established in 1976 and listed on the SGX, is renowned for landmark projects like Wallich Residence and Guoco Tower, the tallest integrated development in Singapore’s CBD. Hong Leong Holdings, founded in 1968 as the real estate arm of the Hong Leong Group, has played a key role in shaping Singapore’s skyline through award-winning residential and commercial developments, including Midwood and The Avenir.
Both developers are part of the larger Hong Leong Group, a diversified conglomerate with over S$40 billion in assets, known for its commitment to quality, design excellence, and timely delivery. Their collaboration reflects deep expertise, financial strength, and a proven track record in delivering premium homes in prime locations.
Secure Your Place at
Queenstown’s Most Anticipated Address
Penrith is more than a home—it is a rare opportunity to own a private residence in one of Singapore’s most sought after districts. Register today to receive insider updates and priority access to the private preview of Queenstown new launch.
Don’t Miss Out!
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All information herein may contain forward-looking statements that involve assumptions, risks and uncertainties. While every reasonable care has been taken in the production of this marketing website, neither the developer nor its agents will be held responsible for any inaccuracies or omissions. To the extent permissible by law, the statements, information and depictions in this website may not be relied upon as statements or representations of fact, and they are not intended to form any part of the contract for the sale of the housing units. In particular, visual representations such as renderings, illustrations, pictures and drawings are artists’ impressions only and photographs are only decor suggestions and cannot be regarded as representations of fact.