Introducing Penrith, a highly anticipated new launch condominium located in the prime District 3 enclave of Margaret Drive—right in the heart of Queenstown. Developed by two of Singapore’s most trusted names, GuocoLand and Hong Leong Holdings, Penrith offers the perfect blend of city-fringe convenience, modern luxury, and long-term investment value.
Whether you're a HDB upgrader seeking central accessibility or a savvy property investor eyeing high rental demand and future appreciation, Penrith presents an irresistible proposition in today’s market.
Penrith sits on the former Margaret Drive GLS site and enjoys a sheltered 3-minute walk to Queenstown MRT. This unparalleled connectivity links residents quickly to the CBD, Orchard Road, and one-north. Daily commutes, weekend outings, and even last-minute grocery runs are effortless with Dawson Place, IKEA Alexandra, and Anchorpoint just nearby.
For families, reputable schools like Queenstown Primary and ACS (International) are within 1km. Parents can enjoy peace of mind knowing their children have access to quality education just around the corner.
Penrith offers more than just a home—it’s a lifestyle. Enjoy easy access to green spaces like Alexandra Canal Linear Park and Queenstown Stadium, or indulge in a coffee at nearby hipster cafés along Tanglin Halt and Holland Village. Grocery stores, wet markets, hawker centres, and boutique fitness studios are all within walking distance.
This thoughtful balance between urban convenience and neighbourhood charm is what makes Queenstown such a livable and desirable district.
As an HDB upgrader, Penrith allows you to stay central without paying Orchard Road prices. The unit mix, pricing strategy, and premium fittings reflect modern condo living that’s still attainable for families moving up from public housing.
For investors, District 3 is consistently popular with expatriates and working professionals. With a tight supply of new condos in mature estates and strong demand for well-located homes, Penrith has excellent rental and capital appreciation potential—especially with its proximity to one-north, Mapletree Business City, and NUS.
Backed by award-winning developers GuocoLand and Hong Leong, Penrith promises superior craftsmanship, sustainable design, and top-tier residential quality. Their portfolio includes some of Singapore’s most iconic developments, giving buyers strong confidence in both the project's quality and long-term value.
Curious about what Penrith has to offer? Whether you're exploring your next home or simply gathering information, we're here to help. Take your time to browse the details, and when you're ready, feel free to reach out to discover more about unit availability, floor plans, and upcoming previews.