Penrith Condo Singapore © Official

Penrith Project Details

Project Name	Penrith
Location	Margaret Drive
District	3
Developer	GuocoLand & Hong Leong
Tenure	99 Years Leasehold
No. Of Storeys	TBA
Total Units	460 Residential Units
Site Area	Approx. 9,526 Sqm
Expected TOP	TBA
Expected Date Of Legal Completion	TBA

Penrith Condo by GuocoLand is a upcoming new condominium in District 3. Located along Margaret Drive in the heart of Queenstown, Singapore. This upcoming new launch development promises to offer a perfect blend of modern design, strategic location, and unparalleled amenities. Developed by a consortium of industry leaders GuocoLand & Hong Leong Holdings. This development is poised to become a landmark in one of Singapore’s most sought-after neighborhoods.

Penrith Location

Location Analysis: The Heart of Queenstown

Location is one of the considerations for buyers decision. Penrith being the latest Margaret Drive GLS, leverages its prime location to deliver an exceptional strategic advantage, placing you right where it matters most. Situated along Margaret Drive in District 3, the condo is nestled in the heart of Queenstown, one of Singapore’s oldest and most cherished neighborhoods. This mature estate blends the charm of its historical roots with the vibrancy of modern urban living, making it a prime choice for families, professionals, and investors.

Seamless Connectivity

One of the standout features of Penrith Margaret Drive Location is its proximity to Queenstown MRT station, just a short walk away. Operating on the East-West Line, this station provides direct access to key areas like the Central Business District (CBD), Orchard Road, and Jurong East, ensuring that residents can commute effortlessly. For example, a trip to Raffles Place takes approximately 15 minutes, making the condo ideal for professionals working in the city center.

Moreover, the area is well-served by bus routes along Margaret Drive and Commonwealth Avenue, offering additional flexibility for those relying on public transport. For drivers, major expressways such as Ayer-Rajah Expressway (AYE), Bukit Timah Expressway (BKE), and Pan-Island Expressway (PIE) are easily accessible, facilitating seamless travel across Singapore island. This connectivity ensures that residents are never far from work, leisure, or essential services.

An Exquisite Array of Amenities

Queenstown Singapore is a town centre with lots of amenities, and Margaret Drive Condo places residents at the center of it all. Here’s a closer look at what’s nearby:

Shopping and Dining: Residents can indulge in retail therapy at Queensway Shopping Centre, known for its sports stores, or Anchorpoint Shopping Centre, which offers a curated selection of boutiques and eateries. For daily necessities, IKEA Alexandra and supermarkets like Cold Storage and NTUC FairPrice are just a short drive away. Foodies will love Alexandra Village Food Centre and Mei Ling Market, where local hawker stalls serve everything from Hainanese chicken rice to laksa.
Education: Families will appreciate the proximity to top-tier schools, including Queenstown Primary School, Crescent Girls’ School, and Gan Eng Seng School. Preschools like Children’s Cove Preschool and Small Wonder Preschool cater to younger children, while institutions like the National University of Singapore (NUS) are within reach for higher education.
Recreation: Nature lovers can explore HortPark, a gardening hub with scenic trails, or the Rail Corridor, a green corridor perfect for jogging and cycling. The Singapore Botanic Gardens, a UNESCO World Heritage Site, is a short drive away, offering a serene escape from urban life.

Future Growth Prospects

The Queenstown area in Singapore is poised for further transformation, thanks to upcoming developments outlined in the Urban Redevelopment Authority (URA) Master Plan. The Greater Southern Waterfront, a major urban project, will extend the city towards the waterfront, introducing new commercial, residential, and recreational spaces. Penrith includes waterfront parks, public spaces, and a continuous promenade, all of which are expected to enhance the quality of life and boost property values in nearby areas like Queenstown.

Additionally, the rejuvenation of the Dawson estate will bring new residential developments, commercial spaces, and public amenities, creating a more vibrant and self-sufficient community. These projects underscore the long-term potential of investing in Penrith Condo, as the area continues to evolve into a premier residential hub.

Penrith Site Plan & Floor Plans

Amenities and Facilities: A Lifestyle of Comfort

GuocoLand’s track record suggests that residents can expect a suite of Luxurious Facilities designed to enhance their quality of life. Based on similar projects like Martin Modern and Midtown Modern, here’s what the condo is likely to offer:

Curated Residential Perks

Swimming Pool: A centerpiece of most luxury condos, the pool area may include an infinity pool, children’s pool, or jacuzzi, surrounded by lush landscaping.
Fitness Center: A state-of-the-art gym equipped with cardio machines, weights, and possibly a yoga deck for wellness enthusiasts.
Clubhouse and Function Rooms: Versatile spaces for hosting events, from birthday parties to corporate gatherings.
BBQ Pits: Outdoor areas for casual dining and socializing with family and friends.
Children’s Playground: A safe, fun-filled space for young residents to play and connect.
Landscaped Gardens: Tranquil green spaces that provide a respite from urban life, possibly with themed gardens or sky terraces.

Unique Features

GuocoLand is known for incorporating innovative elements into its developments. For instance, Martin Modern features a botanical garden concept, while Midtown Modern includes a rooftop forest. Penrith Condo Singapore may adopt a similar approach, perhaps with eco-friendly features like rainwater harvesting or solar panels, aligning with Singapore’s sustainability goals.

Penrith Site Plan & Floor Plans coming soon! Kindly contact us today to get Penrith E-Brochure & latest updates!

Penrith Showflat

The Margaret Drive Condo showcases a variety of unit types, from one-bedroom retreats to spacious five-bedroom homes. Explore contemporary living at its finest in our showflat, Penrith Singapore designed to highlight smart layouts, sleek finishes, and modern functionality.

You are encourage to make an appointment prior your visit to the showflat to avoid close for private events.

Open weekdays and weekends (10 AM – 7 PM), Penrith Showflat welcomes visitors by appointment. Book your appointment today!

Penrith Pricing

Factors Influencing Price

Several factors contribute to the expected Penrith Launch Price:

Location Premium: Proximity to Queenstown MRT, schools like Queenstown Primary, and shopping hubs like Queensway Shopping Centre adds value.
Developer Reputation: GuocoLand’s history of delivering high-quality projects justifies a premium price.
Amenities and Design: Expected features like a swimming pool, gym, and landscaped gardens, typical of GuocoLand Projects, enhance perceived value.
Market Trends: Singapore’s property market in 2025 is projected to growth steadily, with District 3 likely to outperform due to upcoming developments like the Greater Southern Waterfront and conveniently to the rest of Singapore.

Penrith Price will be release nearer to launch date. To get the latest Pricing, please kindly Contact Us or register with our Developer Sales Team!

Top 6 Reasons Why You Should Consider Penrith?

Looking for your dream home or a high-potential investment in Singapore? Penrith Margaret Drive Condo by GuocoLand is the standout choice you’ve been waiting for. Perfectly positioned in the heart of vibrant District 3, this upcoming luxury development offers the ultimate blend of prestige, convenience, and exceptional growth prospects. Discover why Penrith Condo Location is set to be one of the most coveted addresses in Singapore.

1. Prime Location in District 3

Location is everything in real estate, and Margaret Drive Condo delivers with its strategic position in Queenstown, a mature estate in District 3. This area is known for its perfect mix of urban accessibility and suburban tranquility, making it highly sought after.

Excellent Connectivity: The condo is just a short walk from Queenstown MRT station on the East-West Line, offering quick access to key areas like the Central Business District (CBD), Orchard Road, and Jurong East. Commuting to work or travelling to town area has never been easier.
Abundance of Amenities: Residents will enjoy proximity to shopping hubs like Queensway Shopping Centre and Anchorpoint Shopping Centre, as well as supermarkets such as Cold Storage and NTUC FairPrice. Food enthusiasts can savor local delights at Alexandra Village Food Centre or Mei Ling Market for local delicacy food.
Close to Nature: Outdoor lovers will appreciate nearby green spaces like HortPark and the Rail Corridor, perfect for leisurely strolls or family outings.

In essence, the location offers unmatched convenience and a balanced lifestyle, making it ideal for professionals, families, and retirees alike.

2. Reputable Developer: GuocoLand

The developer behind a project can make all the difference, and GuocoLand brings a stellar reputation to Margaret Drive Condo. Known for delivering premium developments across Singapore, GuocoLand has a portfolio that includes acclaimed projects like Martin Modern, Midtown Modern, and Guoco Tower.

Proven Quality: GuocoLand is celebrated for its innovative designs, sustainability efforts, and attention to detail. Their developments often feature unique elements, such as lush greenery or cutting-edge facilities, that elevate the living experience.
Trustworthy Investment: With a track record of successful and enduring projects, buyers can feel confident that Penrith Margaret Drive Condo will be built to last and designed with residents’ needs in mind.

Choosing a condo by Penrith GuocoLand means investing in a home that’s both elegant and reliable.

3. Modern Amenities for a Luxurious Lifestyle

While the full list of facilities for the development is still under wraps, GuocoLand’s history suggests that residents can expect a suite of modern, high-quality amenities. Based on their previous projects, you’re likely to find:

Relaxation pool, lap pool .
A state-of-the-art gym for fitness buffs.
Landscaped gardens and communal spaces for peace and quiet.
BBQ pits and outdoor areas for entertaining guests.
A children’s playground for young families.

Beyond the condo itself, Queenstown’s established infrastructure adds even more value. Top schools like Queenstown Primary School and Crescent Girls’ School are nearby, as are recreational spots like the Singapore Botanic Gardens. This blend of on-site luxury and external convenience ensures a lifestyle that’s both indulgent and practical.

4. Strong Investment Potential

For those with an eye on financial returns, Penrith Condo offers impressive investment prospects. District 3 is a hotspot for property demand, thanks to its connectivity and amenities, which have driven consistent price growth. The upcoming Greater Southern Waterfront development is set to further enhance property values in District 3, making this an best time to invest.

Whether you’re looking to build wealth or secure a steady income stream, this upcoming new launch is a perfect choice.

5. Unique Lifestyle Appeal

Penrith Condo isn’t just about practicality, it’s about embracing a distinctive lifestyle. Queenstown offers a rare blend of heritage and modernity that appeals to a wide range of residents.

Rich Heritage: The neighborhood is dotted with cultural landmarks like the Queenstown Public Library and Tanglin Halt estate, adding a nostalgic charm to daily life.
Vibrant Community: Queenstown is evolving with new developments while retaining its lively, community-oriented feel.
Nature and Recreation: Proximity to Bukit Timah Nature Reserve and other green spaces makes it a haven for outdoor enthusiasts and families.

This unique mix ensures that living at Margaret Drive Condo is as enriching as it is enjoyable.

6. Future Potential: The Greater Southern Waterfront

One of the most compelling reasons to invest in Penrith Margaret Drive is its proximity to the transformative Greater Southern Waterfront project. This ambitious initiative by the Urban Redevelopment Authority (URA) will reshape Singapore’s southern coastline into a vibrant mixed-use district.

What to Expect

New Developments: The area will feature commercial hubs, residential zones, and recreational spaces, boosting the appeal of nearby Queenstown.
Waterfront Lifestyle: Plans include a scenic promenade and parks, offering residents stunning views and outdoor activities.
Rising Property Values: As the Greater Southern Waterfront takes shape, property demand in District 3 is expected to soar, making this condo a future-proof investment.

Living at Penrith Condo positions you to benefit from this exciting urban evolution, both in terms of lifestyle and financial returns.

Conclusion

In summary, Penrith Condo by GuocoLand is more than just a residential development, it’s a gateway to a fulfilling lifestyle and a savvy investment. With its prime location, trusted developer, luxurious amenities, strong financial potential, and distinctive appeal, it checks all the boxes for discerning buyers. As Queenstown continues to thrive, this condo presents a rare opportunity to own a piece of one of Singapore’s most promising neighbourhoods. Don’t wait, explore Penrith Condo today and see why it’s the perfect place to call home or grow your portfolio.

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Penrith At Margaret Drive By GuocoLand