Penrith

Margaret Drive

S$ 2,800,000

Starting From

Beds

4

Beds

Baths

2

Baths

sqft (floor)

1,173

sqft (floor)

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S$ 2,387

psf (floor)


450 m (5 mins) from EW19 Queenstown MRT


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Photos

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Property details

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Condominium for sale
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Partially furnished
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TOP in Jan 2029
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99-year lease
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Listed on 21 Sep 2025
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Listing ID - 60133723

About this property

Get vvip showflat preview and price, 4 mins walk to MRT

Penrith @ Queenstown

Prime District 3 — Rare City-Fringe Launch by GuocoLand & Hong Leong Holdings

Project Overview
• Address: Margaret Drive, Queenstown (D3)
• Developer: GuocoLand & Hong Leong Holdings
• Tenure: 99 Years Leasehold
• Site Area: ~102,498 sqft | Plot Ratio 4.2
• Total Units: 462
• Blocks / Height: 2 Towers, ~40 Storeys
• Unit Mix: 2 to 4 Bedrooms
• TOP (Est): 2029


Highlights
• First new launch in Queenstown in 8 years - strong pent-up demand.
• Prestigious joint development with premium quality finishes.
• Full condo facilities, plus an Integrated Early Childhood Centre (~500 sqm).
• Excellent location — 4 minutes’ walk to Queenstown MRT (EWL).
• Quick access to Orchard, CBD, One-North, and major expressways (AYE, PIE, BKE).
• Strong rental demand with proximity to business hubs and schools.


Unit Mix & Sizes
• 2 Bedroom: 614 – 678 sqft
• 3 Bedroom: 786 – 1,066 sqft
• 4 Bedroom: 1,173 – 1,281 sqft


Location & Connectivity
• MRT: 4 mins to Queenstown MRT with direct train to Orchard, Raffles Place & One-North.
• Roads: Seamless access to AYE, PIE, BKE.
• City Access: Minutes’ drive to Orchard, Dempsey, CBD.


Amenities Nearby
• Shopping / Dining: Dawson Place, Anchorpoint, Queensway Shopping Centre, IKEA Alexandra, Margaret Market.
• Food: Margaret Drive Hawker Centre, Dawson Food Centre.
• Supermarkets: newEcon Lin Da Mini (600m), FairPrice Dawson (900m).
• Nature: Alexandra Canal Linear Park, HortPark, Rail Corridor, Botanic Gardens.


Education
• Within 1-2km: Queenstown Primary, New Town Primary, Crescent Girls’, Queensway Secondary, ACS (Independent & International), Tanglin Trust, Fairfield Methodist, MDIS, ISS International.


Why Penrith?
• Rare launch in a mature city-fringe location.
• Prime 4-min walk to MRT, minutes to Orchard & CBD.
• Developed by trusted GuocoLand & Hong Leong.
• Excellent growth & rental potential with strong demand from pro
Amenities
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Air conditioner

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Balcony

Common facilities
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Car park

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S$ 0 Loan amount at 0% Loan-to-value

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Penrith

FAQs
The sale price of this unit at Penrith is S$ 2,800,000.
Current PSF at Penrith is about S$ 2,387.04 psf.
The estimated loan repayment is S$ 8,407 / mo.
Penrith is located at Margaret Drive Alexandra / Commonwealth City & South West (D01-08).
Floor size of this unit at Penrith is 1,173 sqft.