PENRITH - Choosing the Right Option for You!

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Prime Queenstown Location

Perfect for professionals seeking the convenience of city access while enjoying a more peaceful residential setting.

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Superb Connectivity

Just 700m from Queenstown MRT (East-West Line) and close to major expressways like the AYE and CTE, ensuring seamless travel across the city.

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Family-Friendly with Nearby Schools

Situated next to Queenstown Primary School, with a wide range of educational institutions within a 2km radius, catering to all age groups.

LUXURY LIFESTYLE

Penrith Condo is set to make a notable impact on Singapore’s residential market, bringing modern luxury to the heart of District 3. Developed by a consortium led by GuocoLand, alongside Hong Leong Holdings and Intrepid Investments, this 99-year leasehold project is strategically located along Margaret Drive, within the well-established Queenstown estate.

Specifications


MAGARET DRIVE

460 UNITS

99-YEARS

102,498 SQFT

Everything You Love

Slated for launch in late 2025, with completion expected by 2029, Penrith condo offers a compelling opportunity for homebuyers and investors seeking a balance of urban convenience and tranquil living. As the first new condominium launch in the area in nearly eight years, following the success of Stirling Residences, it stands out for its rarity and strong investment potential.


Penrith offers a distinct residential experience

The material palette is warm, tactile, and familiar – selected to preserve the quaint charm and distinctive character of the Holland Village neighborhood. Brick, bronze metalwork, and natural earthy tones are used to balance heritage cues with modern living, giving the development a rooted yet refined presence.

*The Information is subject to change and photos/ images are for illustration purposes only

Discover Penrith 's Exclusive Floor Plans

Reach out today for a personalized consultation and be among the first to experience this exceptional development

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Factsheet

Project Name Penrith
Developer Hong Leong Holdings / Guocoland
Address 70 Margaret Drive S149926
72 Margaret Drive S149927
District/Planning Area/Subzone District 3 / Commonwealth / Margaret Drive
Total Units 462
No. of Towers / Storeys 2 Towers of 40 Storeys
Unit Type 2 to 4 Bedroom
Site Area / Plot Ratio 9,522.35 SQM / 102,497 SQFT / 4.53
Early Childhood Development Centre 500 SQM
Carpark Lots / Bicycle Lots 1 Level Basement – 228 lots (3 Accessible)
2 Levels of MSCP – 142 lots
ECDC – 3 lots
Bicycle Lots – 116
Expected Date of Handover 01 Apr 2029
Expected Notice of Vacant Possession 01 Apr 2031
Expected Date of Legal Completion 01 Apr 2034
Project Architect ADDP Architects LLP
Landscape Architect COEN Design International
Project Interior Designer AXIS ID Pte Ltd
Main Contractor Lian Beng Group Pte Ltd

Your New Beginning Starts at Penrith

Contact us today to explore floor plans, pricing, and upcoming preview dates

MEET LUXURY LIFESTYLE

Penrith Condo is set to make a notable impact on Singapore’s residential market, bringing modern luxury to the heart of District 3. Developed by a consortium led by GuocoLand, alongside Hong Leong Holdings and Intrepid Investments, this 99-year leasehold project is strategically located along Margaret Drive, within the well-established Queenstown estate.

Specifications


MAGARET DRIVE

460 UNITS

99-YEARS

102,498 SQFT

Everything You Love

Slated for launch in late 2025, with completion expected by 2029, Penrith condo offers a compelling opportunity for homebuyers and investors seeking a balance of urban convenience and tranquil living. As the first new condominium launch in the area in nearly eight years, following the success of Stirling Residences, it stands out for its rarity and strong investment potential.


Your New Beginning Starts at Penrith

Contact us today to explore floor plans, pricing, and upcoming preview dates

MEET LUXURY AT MAGARET WAY

Penrith Condo is set to make a notable impact on Singapore’s residential market, bringing modern luxury to the heart of District 3. Developed by a consortium led by GuocoLand, alongside Hong Leong Holdings and Intrepid Investments, this 99-year leasehold project is strategically located along Margaret Drive, within the well-established Queenstown estate.

Specifications


MAGARET DRIVE

460 UNITS

99-YEARS

102,498 SQFT

Everything You Love

Slated for launch in late 2025, with completion expected by 2029, Penrith condo offers a compelling opportunity for homebuyers and investors seeking a balance of urban convenience and tranquil living. As the first new condominium launch in the area in nearly eight years, following the success of Stirling Residences, it stands out for its rarity and strong investment potential.


Register Your Interest Today

With a limited number of exclusive units available, don’t miss the opportunity to secure your place in this sought-after development.

Developer

The project is spearheaded by GuocoLand, a leading property developer in Singapore known for its commitment to quality architecture, efficient layouts, and sustainable practice. GuocoLand Limited (“GuocoLand”) and its subsidiaries (“the Group”) is a leading real estate group that is focused on its twin engines of growth in Property Investment and Property Development. It develops, invests in and manages a portfolio of quality commercial and mixed-use assets providing stable, recurring rental income with potential for capital appreciation. The Group has a strong track record in creating distinctive integrated mixed developments and premium residential properties that uplift and transform their local neighborhoods.

The Group’s investment properties – the total value of which stood at S$6.56 billion as at 30 June 2024 – are located across its key markets of Singapore, China and Malaysia, such as Guoco Tower and Guoco Midtown in Singapore, Guoco Changfeng City in Shanghai, and Damansara City in Kuala Lumpur. Iconic residential projects of the Group include Wallich Residence, Martin Modern, Meyer Mansion, Midtown Modern, Midtown Bay, Lentor Modern and Lentor Mansion.

The Group’s end-to-end capabilities span across the real estate value chain, from planning and design, property investment, property development, and property management to asset management.

GuocoLand is listed on the Mainboard of the Singapore Exchange. The parent company of GuocoLand is Guoco Group Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited. Both GuocoLand and Guoco Group Limited are members of the Hong Leong Group in Malaysia.

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