Just minutes from Queenstown MRT and near expressways, Penrith offers true car-lite living. From IKEA to Mei Ling Market, schools to shopping — everything is effortlessly close.
A Landmark Reawakens
Penrith @ Margaret Drive
Queenstown’s first new condo in 8 years is finally here. Crafted by GuocoLand and Hong Leong, Penrith rises in a district rich with heritage, now reborn with modern elegance
Queenstown’s first new condo in 8 years is finally here.
Claim your place in the city fringe’s most anticipated condo launch. Crafted by GuocoLand and Hong Leong Holdings, Penrith offers premium homes in a heritage-rich neighbourhood with unbeatable MRT access, lush green spaces, and investment potential.
Target Preview & Booking Date : Q4 2025
Images are for illustrative purposes only and may not reflect the final design.
Your Next Chapter Begins Here — A Rare City-Fringe Gem
Penrith @ Margaret Drive comprises 460 units, offering a diverse mix of 1- to 4-bedroom layouts. Strategically located in District 3, this 99-year leasehold development places residents just a 10-minute walk from Queenstown MRT. Set within a mature estate, Penrith combines rare new-launch exclusivity with exceptional connectivity and long-term investment appeal.
Private Viewings Begin Soon
— Be First in Line
Penrith’s preview opens in Q4 2025. Appointments are limited — register now for a one-on-one session with our sales team and unlock insider access to layouts, pricing, and priority booking.
Images are for illustrative purposes only and may not reflect the final design.
A Development Designed for the Next Generation
Set in the heart of Queenstown, Penrith @ Margaret Drive is the first new condominium in nearly a decade — blending city-fringe exclusivity with seamless MRT access, lifestyle convenience, and compelling long-term value for homeowners and investors alike.
Margaret Drive, Singapore 149303
Expected TOP Est. 2029
Approximately 460 Units Available
Gross area 102,497 sqft (9,522 sqm)
99-Year Leasehold
GuocoLand & Hong Leong Holdings
Images are for illustrative purposes only and may not reflect the final design.
Everything You Need, In One Look
See why Penrith is the city-fringe address worth waiting for. Dive into our detailed brochure featuring artist’s impressions, site layout, and interior previews.
Images are for illustrative purposes only and may not reflect the final design.
A Rare Opening in Queenstown
Penrith is the long-awaited opportunity that marks the first private condominium launch in Queenstown in 8 years.
Images are for illustrative purposes only and may not reflect the final design.
Images are for illustrative purposes only and may not reflect the final design.
Built for Long-Term Value
In a mature estate with strong connectivity and demand, Penrith offers lasting investment appeal — with promising capital growth and reliable rental potential.
Prime Location
Located along Margaret Drive, Penrith sits at the convergence of three beloved districts — Tiong Bahru, Alexandra, and Queenstown.
Walk to IKEA, brunch in Dempsey, explore lush HortPark, or zip into the CBD in minutes. This is a home shaped by its surroundings — storied, stylish, and undeniably strategic.
This website may contain forward-looking statements that involve assumptions, risks, and uncertainties. While care has been taken, the developer and its agents are not liable for inaccuracies or omissions. To the extent permitted by law, information and visuals are not intended as factual representations and are not part of the sale contract. Renderings, illustrations, and photos are artistic interpretations and decor suggestions only.
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