Penrith Margaret Drive

Penrith Condo – Last Updated: 13th August 2026

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27/04/2025: Explore the Location of Penrith, Singapore!

26/04/2025: Get more Penrith Project Details information now!

25/04/2025: Welcome to Penrith Condominium along Margaret Drive Singapore near Queenstown MRT station!

Penrith Project Details

Project NamePenrith
LocationMargaret Drive
District3
Developer GuocoLand & Hong Leong
Tenure99 Years Leasehold
No. Of Storeys40 Storeys
Total Units462 Residential Units
Site AreaApprox. 9,526 Sqm
Expected TOP1st April 2029
Expected Date Of Legal Completion1st April 2032

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.

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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, Penrith 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.

Ikea Alexandra Near Penrith
Dawson Margaret Drive Amentites Near Penrith

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.
Penrith Schools nearby
Penrith Planning Area For Queenstown

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.

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Penrith Site Plan & Floor Plans

Amenities and Facilities: A Lifestyle of Comfort

Penrith: An English Courtyard of Timeless Grace

Amid the rhythm of modern Singapore, Penrith stands as an oasis of calm — a residence inspired by the charm and grace of the English courtyard garden. Here, architecture and landscape intertwine to create a sanctuary that feels both regal and welcoming, where every pathway, lawn, and pavilion reflects the quiet poetry of timeless design.

More than a home, Penrith is a living masterpiece — a place where serenity unfolds in layers of greenery, water, and space, much like the stately manors and walled gardens of classic English estates.

Grand Arrival 

Step through the grand arrival court, and the feeling is unmistakable — refinement, privacy, and elegance in perfect balance. 

The driveway leads into a curved, well-manicured entrance framed by greenery. The vehicular drop-off is carefully choreographed: smooth asphalt paving transitions into textured stone, subtly guiding cars toward the porte-cochère.

The entrance court is framed by lush planting, low hedges, and sculptural stone features. These large, angled stone elements — pale and geometric — act as visual markers, guiding residents and visitors toward the lobby while adding a sense of artistry and compositional balance.

Penrith Grand Entrance

Pedestrians can also access the main side gate here, which connects to a sheltered walkway leading directly to Queenstown MRT Station. In total, there are two side gates, allowing residents the convenience of entering or exiting from either the front or rear of the development.

Penrith Side Gate to Queenstown MRT

The cantilevered structure at Penrith is one of its most striking architectural features, designed to serve both a functional and aesthetic purpose. Elevated elegantly above the arrival court, this suspended form houses the two-storey clubhouse, a signature focal point of the development that immediately captures attention upon entry. Beyond its visual appeal, the cantilever also functions as a grand sheltered canopy, offering shade and weather protection for the drop-off area beneath. This thoughtful integration of design and practicality demonstrates the developer’s commitment to quality — an investment that enhances both the building’s presence and the resident experience.

From a design perspective, the decision to construct such a cantilevered volume reflects architectural ambition and spatial efficiency. It allows for the creation of usable floor area above ground level while maintaining an open, airy space below. This not only contributes to the development’s elegant silhouette but also allows natural light and ventilation to flow freely through the arrival plaza, lending the entrance a light and welcoming atmosphere.

Within the clubhouse, residents can enjoy a comprehensive suite of amenities, including two function rooms, a library, a reading room, a gym, a games room, a lounge, changing facilities, and a BBQ terrace.

This thoughtfully designed hub is poised to be the social heartbeat of the development — a vibrant space where neighbours gather, fitness enthusiasts train, and families relax or entertain. Whether it’s a casual weekend barbecue, a quiet afternoon with a book, or an evening workout overlooking the pool, the clubhouse offers something for every mood and occasion, making it one of the liveliest and most engaging corners of the estate.

Penrith Singapore Clubhouse
The Courtyard Pool – A Serene Oasis of Timeless Charm

At the heart of Penrith lies its most captivating centrepiece — the Courtyard Pool, a serene expanse of water framed by sculpted greenery and timeless elegance. Designed in the spirit of an English courtyard garden, this central sanctuary blends nature, architecture, and leisure into one seamless composition.

Much like the reflective ponds and landscaped lawns of classical English estates, the pool here becomes both the visual and social heart of the residence — a place where stillness meets life, and luxury meets nature.

Upcoming anticipating launches not to be missed:

Penrith pool

The standout feature here is the collection of three BBQ pavilions, thoughtfully designed as private, bookable spaces for residents. Nestled amid tranquil surroundings, each pavilion offers an intimate setting that feels almost like a personal rooftop retreat — perfect for relaxed evenings with family or friends.

Of the two towers, Block 70 is likely to be the more sought-after venue, thanks to its unblocked panoramic views overlooking the Dempsey area, creating a truly elevated dining and entertaining experience.

Providing three BBQ facilities for a 462-unit development is notably generous by modern standards, reflecting the developer’s focus on community and lifestyle rather than density alone.

It’s also commendable that the rooftop has been reserved for shared recreational spaces instead of exclusive penthouse units. This thoughtful decision allows all residents to enjoy the breathtaking skyline vistas — turning the rooftop into a common sanctuary where everyone can share in the luxury of open skies and sweeping views.

Penrith Roof terrace

Penrith Floorplan 

At Penrith, available units include a well-designed 2-bedroom layout with 1 bathroom, ideal for couples or young professionals seeking a stylish and efficient home. For larger households, the 4-bedroom Premium units offer an exceptional choice — spacious, elegant, and thoughtfully planned for comfort and privacy. These premium homes are situated on favourable high floors, providing residents with elevated views and a serene living environment.

Penrith Showflat

The Margaret Drive Condo showcases a variety of unit types, from two-bedroom retreats to spacious four-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!
 
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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 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 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 Condominium today and see why it’s the perfect place to call home or grow your portfolio.

Penrith Frequently Asked Question (FAQ)

The land bid price for the development is $1,154 psf ppr.

There are a total of 462 units.

You can get it by contacting our developer sales team or register in our website. For more details, please visit our Penrith Project Details and Penrith Floor Plan page.

The estimated starting price for Penrith will be from $2,600 – $2,700 psf. To get more information, go to Penrith Pricing page.

The maintenance fees will be announce nearer to preview date.

The showflat VVIP preview will start from 3rd October 2025. Please Register Your Interest to visit the show gallery.

The TOP for the project is estimated 2nd half of 2029.

You can book a unit by Placing A Cheque to express your interest and be eligible for our balloting exercise on booking day.

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