New Launch: Penrith Condo at Margaret Drive – 99-Year Leasehold by GuocoLand & Hong Leong Near Queenstown MRT

Penrith building facade

Penrith – Elevated Living in Queenstown’s Prime District

A New Chapter of Prestige, Connectivity & Comfort

Welcome to Penrith, a landmark residential highrise in the heart of Queenstown. Developed by the trusted trio of GuocoLand, Hong Leong Holdings, and Hong Realty, this 99-year leasehold gem redefines urban sophistication with 462 thoughtfully curated units. Just a 4-minute walk from Queenstown MRT, Penrith offers seamless access to Orchard Road, the CBD, and Singapore’s most vibrant destinations.

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Whether you’re a homeowner seeking lifestyle elevation or an investor eyeing long-term growth, Penrith is your gateway to refined living in District 03 – Alexandra / Commonwealth.

 
Penrith pool view

Why Penrith Is the Smartest Move You’ll Make

✅ Prime Location – Margaret Drive, Queenstown

Set within one of Singapore’s most mature and well-connected estates, Penrith enjoys proximity to Redhill, Commonwealth, Napier, and Orchard Boulevard MRT stations. With major expressways nearby, commuting is effortless.

✅ Trusted Developers

With GuocoLand, Hong Leong Holdings, and Hong Realty at the helm, Penrith promises quality, reliability, and visionary design backed by decades of experience.

✅ 462 Units of Elevated Living

From cozy 2-bedroom layouts to expansive 4-bedroom premium units, Penrith caters to every lifestyle. Each unit is crafted for comfort, functionality, and timeless elegance.

 

Unit Mix & Availability

Unit TypeSize (sqft)No. of Units
2 Bedroom61476
2 Bedroom Premium67878
3 Bedroom786–850117
3 Bedroom Premium936–106677
4 Bedroom117376
4 Bedroom Premium128138
 

Prices TBA – Register for priority access to developer-appointed pricing.

Penriith view

Seamless Connectivity, Unmatched Convenience

🚇 MRT Stations Nearby

  • Queenstown MRT (4-min walk)

  • Redhill MRT

  • Commonwealth MRT

  • Napier MRT

  • Orchard Boulevard MRT

🛣️ Easy Access to Expressways

  • AYE

  • CTE

  • PIE

Whether you’re heading to work, school, or leisure, Penrith places you at the centre of it all.

 
Penrith View

Lifestyle Amenities at Your Doorstep

🛍️ Shopping & Dining

  • Anchorpoint

  • Alexandra Central

  • Tanglin Mall

  • Dawson Place

  • Queensway Shopping Centre

  • Alexandra Village

  • Dempsey Hill

  • ABC Brickworks Market & Food Centre

  • JUMBO Seafood, Samy’s Curry, Blu Kouzina & more

🏫 Schools & Education

  • Crescent Girls’ School

  • Tanglin Trust School

  • ISS International School

  • Queenstown Primary & Secondary

  • Invictus International School

  • MapleBear Alexandra

  • Mulberry Learning @ Alexandra

🏥 Healthcare

  • Alexandra Hospital

  • Gleneagles Hospital

  • Meridian Medical Centre

  • SingHealth Academy

  • Charles Chan Heart Clinic

  • Spine Neuro Specialist Centre

 

Thoughtful Design, Inspired Interiors

🏡 Spacious Layouts

Each unit is designed with optimal space planning, natural light, and ventilation. Whether you’re a young couple, growing family, or multi-gen household, Penrith offers a layout that fits.

🛋️ Premium Finishes

Expect branded appliances, elegant fittings, and smart home integration. Every detail—from kitchen cabinetry to bathroom tiles—reflects quality and sophistication.

🌿 Facilities That Elevate

Enjoy curated amenities like:

  • Rooftop pool with skyline views

  • Fitness corner

  • BBQ pavilion

  • Landscaped gardens

  • Children’s play area

  • Function rooms for hosting

 
Penrith Function room

Investment Potential That Performs

📈 Queenstown Transformation

With rejuvenation plans, new retail nodes, and infrastructure upgrades, Queenstown is poised for capital appreciation. Penrith’s strategic location ensures strong rental demand and long-term growth.

🏢 Limited Supply, High Demand

Highrise developments in mature estates are rare. Penrith’s 99-year leasehold status and boutique exclusivity make it a standout investment.

 

Who Should Own a Unit at Penrith?

  • Upgraders seeking lifestyle elevation

  • Investors eyeing high-yield assets in prime locations

  • Families wanting proximity to top schools and amenities

  • Retirees desiring tranquility with urban access

  • Expats drawn to Queenstown’s charm and convenience

 

Showflat Preview & Registration

📍 Address: 70, 72 Margaret Drive, Singapore 149926

🏢 Gallery: 6A Margaret Drive

📞 Sales Hotline: +65 9450 2749

🕒 Viewing: By appointment only

Due to current demand, it’s essential to register early for priority access and developer-appointed pricing. Registered parties will receive:

  • Immediate updates on launch progress

  • Access to exclusive preview slots

  • Hassle-free booking experience

  • First-hand pricing and unit availability

 

Your Future Starts at Penrith

Penrith isn’t just a home—it’s a lifestyle statement. It’s where timeless design meets modern convenience, where prestige meets practicality, and where your next chapter begins.

🔑 Ready to unlock your future?

Submit your Expression of Interest today and be among the first to preview this rare Queenstown gem.

 
Full Name

Showflat Preview Details

What is 7+4?

Let’s make Penrith at Margaret Drive your next legacy move. I’m Vincent Chow R027734J , your ERA agent and campaign strategist with 20+ years of experience helping clients secure homes that blend heritage, connectivity, and long-term value. Penrith isn’t just a new launch—it’s a rare chance to own in Queenstown’s transformation corridor, minutes from MRT, top schools, and lifestyle hubs. Whether you’re upgrading for family comfort or investing in a city-fringe gem, I’ll guide you through every detail—from floorplans to financial strategy.

WhatsApp me directly without any obligations. Let’s secure your place in a district that’s always in demand. Hope to hear from you soon. Thank You.

Vincent Chow ERA TRUSTED ADVISOR

Follow us for exclusive updates, behind-the-scenes content, and property insights here you won’t find anywhere else. You may get your Free Home Report here. If you are selling in the near future to get an estimated value and more before you start selling. You may checkout New Launch Condo here.

Disclaimer

This information is provided solely on a goodwill basis and does not relieve parties of their responsibility to verify the information from the relevant sources and/or seek appropriate advice from relevant professionals such as valuers, financial advisers, bankers and lawyers. For avoidance of doubt, ERA Realty Network and its salesperson accepts no responsibility for the accuracy, reliability and/or completeness of the information provided. Copyright in this publication is owned by ERA and this publication may not be reproduced or transmitted in any form or by any means, in whole or in part, without prior written approval.

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