PENRITH
Margaret Drive
S$ 2,588,000
3
Beds
3
Baths
1,066
sqft (floor)
S$ 2,428
psf (floor)
450 m (5 mins) from EW19 Queenstown MRT
Property details
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About this property
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Undersupply, Overwhelming Demand in Queenstown!
Queenstown population: 101,930
10% upgraders: 10,193
Divide by 3.11 = 3277 units
Total private units = 4024 since 8 years ago
No new launch supply to go around with pent up demand. This time round with more 4BRs to cater to them.
Matured estate with all the amenities, needs are met with clear exit strategy and safety need despite detrimental micro policies as seen in QP, MV, CWT
Singapore’s first satellite township to experience rejuvenation and become preventive healthcare centre.
Closed off the road at Penrith to form a culdesac, reducing traffic and noise and enhancing privacy and livability. Reroute Kay Siang road to form a link tanglin road to Queensway and then cut into Botanic Gardens.
Reasoned sites to higher plot ratios which is unusual as behind are all gcbs like ridout etc, indicating the pushing of boundaries as we welcome a more inclusive Singapore. Multiple sites re-zoned to higher plot ratios such as the Queensway road McDonalds with a park.
Restructuring of roads indicate infrastructure changes thus transformation in the pipeline.
Undersupply, Overwhelming Demand in Queenstown!
Queenstown population: 101,930
10% upgraders: 10,193
Divide by 3.11 = 3277 units
Total private units = 4024 since 8 years ago
No new launch supply to go around with pent up demand. This time round with more 4BRs to cater to them.
Matured estate with all the amenities, needs are met with clear exit strategy and safety need despite detrimental micro policies as seen in QP, MV, CWT
Singapore’s first satellite township to experience rejuvenation and become preventive healthcare centre.
Closed off the road at Penrith to form a culdesac, reducing traffic and noise and enhancing privacy and livability. Reroute Kay Siang road to form a link tanglin road to Queensway and then cut into Botanic Gardens.
Reasoned sites to higher plot ratios which is unusual as behind are all gcbs like ridout etc, indicating the pushing of boundaries as we welcome a more inclusive Singapore. Multiple sites re-zoned to higher plot ratios such as the Queensway road McDonalds with a park.
Restructuring of roads indicate infrastructure changes thus transformation in the pipeline.
Amenities
Air-conditioning
Balcony
Fridge
Intercom
Common facilities
24 hours security
Accessible washroom/shower
Adult fitness stations
Arrival lounge/arrival court
Affordability
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Mortgage breakdown
Est. monthly repayment
S$ 0 / mo
S$ 0 Principal
S$ 0 Interest
Upfront costs
Total downpayment
S$ 0
Downpayment
S$ 0 Loan amount at 0% Loan-to-value
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FAQs
The sale price of this unit at PENRITH is S$ 2,588,000.
Current PSF at PENRITH is about S$ 2,427.77 psf.
The estimated loan repayment is S$ 7,770 / mo.
PENRITH is located at Margaret Drive Alexandra / Commonwealth City & South West (D01-08).
Floor size of this unit at PENRITH is 1,066 sqft.
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