PENRITH
Margaret Drive
S$ 1,810,000
Starting From
2
Beds
1
Bath
614
sqft (floor)
S$ 2,948
psf (floor)
450 m (5 mins) from EW19 Queenstown MRT
Property details
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About this property
C.H.E.A.P.E.S.T Penrith 2 bed Compact High floor Queenstown MRT RCR
A rare high-floor 2-Bedroom unit at Penrith, the latest Queenstown landmark by Hong Leong Holdings & GuocoLand.
Perfect for young couples, singles and investors seeking an efficient city-fringe home minutes from the CBD.
⸻
🏠 Unit Highlights
• 2 Bedrooms | 1 Bathroom | 614 sqft
• High floor (#37-10) – bright, breezy, excellent facing
• Functional L-shaped open kitchen with premium fittings
• Spacious master bedroom with built-in wardrobe
• Balcony with good ventilation and natural light
• Smart layout with minimal space wastage
• Attractive quantum – only $1.81M for a RCR new launch
⸻
💡 Why This Unit Makes Sense
• Lowest entry PSF among recent RCR launches (nearby projects average $3,000–$3,200 psf)
• Strong rental yield ~4%+ with expected rent around $5K/month
• 4-min fully sheltered walk to Queenstown MRT
• Within 1km to Queenstown Primary; near NUH, One-North, Alexandra Biz Hub & CBD
• Excellent resale exit potential with Dawson & SkyVille HDB upgraders
• Developed by trusted names Hong Leong & GuocoLand
⸻
🌳 Location Highlights
• Address: 70 & 72 Margaret Drive (District 3 – Queenstown / Commonwealth)
• 5–10 mins drive to Orchard & CBD via AYE / CTE
• Close to IKEA Alexandra, Anchorpoint, Dawson Place & Alexandra Central
• Cafés & local eateries along Tanglin & Alexandra corridor
• Near Rail Corridor & Alexandra Linear Park Connector
⸻
🏗️ Project Information
Developer: Hong Leong Holdings & GuocoLand (JV)
Tenure: 99 Years from 4 Nov 2024
Total Units: 462 (2 to 4 Bedrooms | 2 Towers of 40 Storeys)
Architect: ADDP Architects LLP
Main Contractor: Lian Beng Group Pte Ltd
TOP / Completion: Apr 2029 / Apr 2034
Facilities: 50m Lap Pool, Gym, Sky Lounge, BBQ Pavilion, Co-working Lounge
📞 Contact
Raye | PropNex Realty
CEA Reg No: R072922A | 📱 +65 87.98.02.42
Viewing by appointment – Penrith Showflat open daily
Perfect for young couples, singles and investors seeking an efficient city-fringe home minutes from the CBD.
⸻
🏠 Unit Highlights
• 2 Bedrooms | 1 Bathroom | 614 sqft
• High floor (#37-10) – bright, breezy, excellent facing
• Functional L-shaped open kitchen with premium fittings
• Spacious master bedroom with built-in wardrobe
• Balcony with good ventilation and natural light
• Smart layout with minimal space wastage
• Attractive quantum – only $1.81M for a RCR new launch
⸻
💡 Why This Unit Makes Sense
• Lowest entry PSF among recent RCR launches (nearby projects average $3,000–$3,200 psf)
• Strong rental yield ~4%+ with expected rent around $5K/month
• 4-min fully sheltered walk to Queenstown MRT
• Within 1km to Queenstown Primary; near NUH, One-North, Alexandra Biz Hub & CBD
• Excellent resale exit potential with Dawson & SkyVille HDB upgraders
• Developed by trusted names Hong Leong & GuocoLand
⸻
🌳 Location Highlights
• Address: 70 & 72 Margaret Drive (District 3 – Queenstown / Commonwealth)
• 5–10 mins drive to Orchard & CBD via AYE / CTE
• Close to IKEA Alexandra, Anchorpoint, Dawson Place & Alexandra Central
• Cafés & local eateries along Tanglin & Alexandra corridor
• Near Rail Corridor & Alexandra Linear Park Connector
⸻
🏗️ Project Information
Developer: Hong Leong Holdings & GuocoLand (JV)
Tenure: 99 Years from 4 Nov 2024
Total Units: 462 (2 to 4 Bedrooms | 2 Towers of 40 Storeys)
Architect: ADDP Architects LLP
Main Contractor: Lian Beng Group Pte Ltd
TOP / Completion: Apr 2029 / Apr 2034
Facilities: 50m Lap Pool, Gym, Sky Lounge, BBQ Pavilion, Co-working Lounge
📞 Contact
Raye | PropNex Realty
CEA Reg No: R072922A | 📱 +65 87.98.02.42
Viewing by appointment – Penrith Showflat open daily
Amenities
Air conditioner
Balcony
Cabinets
Fridge
Common facilities
24 hours security
Accessible washroom/shower
Adult fitness stations
Arrival lounge/arrival court
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Mortgage breakdown
Est. monthly repayment
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S$ 0 Principal
S$ 0 Interest
Upfront costs
Total downpayment
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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$ 1,810,000.
Current PSF at PENRITH is about S$ 2,947.88 psf.
The estimated loan repayment is S$ 5,434 / mo.
PENRITH is located at Margaret Drive Alexandra / Commonwealth City & South West (D01-08).
Floor size of this unit at PENRITH is 614 sqft.
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