PENRITH

Margaret Drive

S$ 3,922,000

Starting From

Beds

4

Beds

Baths

3

Baths

sqft (floor)

1,281

sqft (floor)

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S$ 3,062

psf (floor)


450 m (5 mins) from EW19 Queenstown MRT


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Property details

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Apartment for sale
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Partially furnished
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TOP in 2029
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99-year lease
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Listed on 14 Dec 2025
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Listing ID - 60190095

About this property

C.H.E.A.P.E.S.T RCR Penrith 4 Bed Premium Luxury City Fringe Living

Experience elevated city-fringe luxury with this spacious 4-Bedroom Premium at Penrith — the landmark Queenstown development by Hong Leong Holdings & GuocoLand.
Designed for multi-generational families or those who value space, comfort, and prestige.



🏠 Unit Highlights
• 4 Bedrooms | 3 Bathrooms | 1,281 sqft
• High-floor units with bright and breezy layout
• Spacious living & dining area opening to wide balcony
• Functional dry & wet kitchen with full premium appliances
• Master suite with luxurious ensuite bath and wardrobe space
• Junior master with attached bath for multi-gen living
• Separate yard, WC, and store – perfect for helpers or storage use
• Premium finishes by reputable developers Hong Leong & GuocoLand



💡 Why This Unit Stands Out
• Among the last few available 4-Bedroom Premium units at Penrith
• Attractive entry quantum under $4M for a new launch in RCR
• Surrounded by transformation zones – Queenstown rejuvenation, One-North, and Alexandra precincts
• Comparable RCR projects (Grand Dunman, Pinetree Hill, 8@BT) transacting at $3,100–$3,300 psf
• Strong resale & rental demand in the area – ideal for long-term capital growth



🌳 Location Highlights
• Address: 70 & 72 Margaret Drive (District 3 – Queenstown / Commonwealth)
• 4-min fully sheltered walk to Queenstown MRT
• 5–10 mins drive to Orchard, CBD & One-North
• Near top schools: Queenstown Primary, New Town Primary, Alexandra Primary
• Surrounded by amenities: IKEA Alexandra, Anchorpoint, Dawson Place, Alexandra Central
• Close to parks & green corridors – Rail Corridor & Alexandra Linear Park



🏗️ 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, Function Room, Sky Lounge, BBQ Pavilion, Co-working Lounge
Amenities
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Air conditioner

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Balcony

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Bedroom cabinets

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Dishwasher

Common facilities
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24 hours security

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Accessible washroom/shower

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Adult fitness stations

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Arrival lounge/arrival court

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PENRITH

Penrith, a distinguished 99-year leasehold apartment development, rests at 70 Margaret Drive in the highly desirable District 03 of Singapore. The apartment complex, developed by a consortium led by Hong Leong Holdings, comprises 462 residential units. A wide variety of two- to four-bedroom apartments caters to different lifestyle preferences. The development features modern amenities, including a basement car park, communal facilities, and beautifully landscaped gardens, shaping an urban retreat within a vibrant city setting. Scheduled to be completed in 2029. A prime location in Queenstown positions Penrith close to the Central Business District (CBD) and major expressways. The GFA-harmonised design (Gross Floor Area) maximises interior efficiency while remaining within regulatory limits. A thoughtful blend of convenience, luxury, and environmentally conscious design defines Penrith as a preferred choice for those seeking refined living near the city's core. Penrith is well located, with excellent transport options and key lifestyle conveniences. The nearest MRT (Mass Rapid Transit) stations, Queenstown MRT station (EW19) and Commonwealth MRT station (EW20), are within walking distance and directly link to the East-West Line (EWL). For motorists, both the Ayer Rajah Expressway (AYE) and Pan Island Expressway (PIE) provide efficient routes towards the Central Business District (CBD), Orchard Road, and other commercial hubs. The neighbourhood features various amenities and entertainment options, including Queensway Shopping Centre and Anchorpoint Shopping Centre, both offering shopping, dining, and leisure. Recreational spaces nearby, including the Alexandra Canal Linear Park and SkyTerrace @ Dawson, enhance the area's appeal with green pockets for exercise and relaxation. Penrith features a collection of lifestyle amenities designed to meet residents' daily and leisure needs. Facilities within the development include: Accessible Washroom/Shower Adult Fitness Stations Arrival Lounge/Arrival Court Basement Car Park Bicycle Parking BBQ Pavilion Changing Room Children's Pool Children's Playground Dining Pavilion Fitness Corner Function Room Game Room Gymnasium Room Hammock Deck Leisure Garden Library Lounge Main Entrance Multi-Storey Car Park Nursery Pavilion Pool Deck Picnic Area Reading Alcove Reading Room 24-Hour Security Sky Garden Sky Lounge Spa Pool Swimming Pool Tennis Courts Each facility contributes to a holistic environment where wellness, recreation, and community living combine. The landscaped gardens and communal spaces maintain a calm, nature-inspired atmosphere amid urban surroundings. Families benefit from the availability of primary schools and early-learning centres within a short travelling distance, including: Queenstown Primary School Children's Cove Preschool Crescent Girls' School The proximity of these institutions supports a family-friendly environment, enhancing Penrith's residential appeal. A variety of dining options surrounds Penrith, catering to diverse culinary preferences. Some nearby choices include: Daebak Korean Restaurant NKS Restaurant Bangkok Bites The surrounding precinct also features cafes, bakeries, and international restaurants within walking distance. Access to healthcare remains convenient, with several clinics and medical centres nearby: 94 Dawson Family Clinic MY FAMILY CLINIC (TANGLIN HALT) The Family Practice @ Skyville These medical establishments provide a range of primary and emergency services. Daily essentials remain easily obtainable through nearby supermarkets, including: Sheng Siong Supermarket SAASTHA SUPERMART NTUC FairPrice Such retail conveniences allow residents to manage grocery and household needs with minimal travel. The 70 Margaret Drive, Penrith development is roughly 20,000 sqm, located in Queenstown. The height is approximately 40 storeys high, designed with modern, sleek architecture and large amounts of plants throughout. Both residential towers have been designed to capture natural light while retaining privacy through a smart spatial makeup. The overall design merges urban sophistication with a tranquil residential ambience. Penrith Condominium Queenstown (District 03) Four hundred and sixty-two residential units 40 A selection of two- to four-bedroom layouts, each arranged to maximise functionality and comfort. range from 614 to 678 sq ft range from 786 to 1,066 sq ft range from 1,173 to 1,281 sq ft Each home features open-concept living areas, well-appointed kitchens, and full-height windows for panoramic views of the cityscape and surrounding greenery. Penrith is a brand owned by Hong Leong Holdings Limited (HLHL), a well-known property developer in Singapore with a long history of excellence. As part of the Hong Leong Group Singapore, HLHL has a diversified and growing portfolio of residential and commercial properties across the country. The company is still known for building communities that balance architecture with the surrounding environment. Hong Leong Holdings is part of a larger corporate network that includes City Developments Limited (CDL) and Hong Leong Finance, enabling strong synergies across property development, investment, and management. Attention to quality materials, thoughtful landscaping, and sustainable construction practices underlines the developer's focus on long-term liveability. Penrith's combination of architectural precision and environmentally sensitive features reflects the developer's commitment to thoughtful urban design and community well-being. Other notable developments associated with Hong Leong Holdings Limited include: Lentor Hills Residences Lentor Central Residences Kassia Each project represents the developer's approach to building residential environments that integrate comfort, modern design, and accessibility. The Margaret Drive area within Queenstown hosts several contemporary residential projects that complement Penrith's character. Neighbouring developments include: Commonwealth Towers Queens Peak Margaret Ville This cluster of condominiums contributes to a lively and well-connected community, reinforcing Queenstown's reputation as one of Singapore's most convenient residential districts. Penrith embodies superior urban living, with connectivity, design, and lifestyle amenities at its core. Situated in Queenstown, residents have easy access to major transport routes, shopping, schools, and leisure facilities. High-quality amenities, sophisticated floor plans, and the developer's reputable identity combine to create a thoughtful and elegant residential lifestyle focused on leisure and productivity. The blend of lush greenery, contemporary design, and thoughtfully arranged communal areas enriches daily living, creating a soothing atmosphere within the lively rhythm of the city. Each element within the development contributes to a lifestyle centred on convenience, comfort, and timeless sophistication. Explore refined city-fringe living. Visit Penrith's sale page to learn more.

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FAQs
The sale price of this unit at PENRITH is S$ 3,922,000.
Current PSF at PENRITH is about S$ 3,061.67 psf.
The estimated loan repayment is S$ 11,775 / mo.
PENRITH is located at Margaret Drive Alexandra / Commonwealth City & South West (D01-08).
Floor size of this unit at PENRITH is 1,281 sqft.