PENRITH

Call Aby @ 8***** to preview the lovely beautiful worth buying property.

Penrith is a new private condominium development in the mature estate of Queenstown (District 3).
• Developers: GuocoLand, Hong Leong Holdings, and Hong Realty
• Lease: 99-year leasehold.
• Site size: ~102,498 sq ft (~9,522.3 sqm)
• Gross Floor Area (GFA): ~39,994 sqm.
• Plot Ratio: ~4.2

Units & Layout
• Total units: 462 units
• Unit types: from 2-bedroom up to 4-bedroom layouts, depending on selection.
• Levels: 2 towers / blocks of ~40 storeys each.

Amenities & Facilities
Plenty. Some of the highlights:
• Swimming pools (lap pool, wading/spa/deck/water features)
• Full gym, clubhouse with function rooms, lounges
• Outdoor recreation: BBQ pits, playgrounds, gardens, family lawns, scented garden areas, etc.
• Early Childhood Development Centre (ECDC) included onsite.

Location & Connectivity
• Walkable to Queenstown MRT (East-West Line).
• Close to schools: Queenstown Primary, New Town Primary, etc.
• Shopping & amenities: Anchorpoint, IKEA Alexandra, Queensway Shopping Centre, Dawson Place, Mei Ling Market & Food Centre, etc.
• Green spaces nearby: Alexandra Canal Linear Park, Rail Corridor, etc.

Price & Timing
• Land cost: site was acquired via Government Land Sale in August 2024 at S$497 million.
• Estimated launch prices: starting from S$2,600 psf.
• TOP (Temporary Occupation Permit) expected around 2029.
• First preview / VVIP showflat - NOW

• Very good connectivity; mature estate means lots of existing amenities.
• Newness + developer pedigree → higher quality and likely good fittings.
• Range of layouts gives flexibility (singles, families).
• Onsite childcare (ECDC) is a plus if you have small kids or will need that.
• Given the scarcity of new condos in Queenstown, could have decent capital appreciation.

Call Aby @ 8***** to preview the lovely beautiful worth buying property.