Luxury Living in Queenstown
Penrith @ Margaret Drive
Penrith @ Margaret Drive is more than a home—it’s a rare city-fringe opportunity combining lifestyle, convenience, and long-term investment potential. With a top-tier developer team, superb location, and premium facilities, Penrith sets a new benchmark for Queenstown living.
Elegance Meets Legacy
Modern Luxury in Historic Queenstown
Penrith, located along Margaret Drive in District 3 (Queenstown/Tiong Bahru). A boutique infill development with approximately 460 exquisitely designed residences spanning 1 to 4-bedroom configurations. Built on a 9,500–9,522 sqm (approx. 102,500 sq ft) site, this is Queenstown’s first new condo in over eight years.
2025, Oct 18
Targeted Launch
2025, Oct 3
Targeted Preview
D03
District
99
Tenure
Where Heritage Meets Modern Elegance
A New Chapter in Queenstown’s Story
Penrith is a planned 99-year leasehold condominium located in Queenstown, Singapore (District 3) on Margaret Drive. The development, which is tucked away in one of Singapore’s oldest and most historically significant districts, upgrades an established estate with contemporary design, well-thought-out layouts, and first-rate amenities. Penrith provides metropolitan periphery accessibility, first-rate connection, and a sophisticated, comfortable lifestyle with over 460 residential apartments spread among towering buildings up to 40 stories high.
Being the first new condominium development in Queenstown in almost ten years, this is a unique chance for long-term value-seeking investors and homeowners.
Your Next Chapter Begins at Penrith
Why Everyone’s Talking About Penrith

Live Where the City Hugs You
City-fringe luxury in Queenstown—minutes from Orchard & CBD, yet tucked into greenery.

Hop, Skip, and You’re There!
Queenstown MRT at your doorstep, highways all around—zero stress commuting.

Built by the Big Guns
GuocoLand + Hong Leong Holdings developers with muscle, trust, and iconic track record.

Tomorrow’s Hot investment
Future-proof investment—sitting right by the Greater Southern Waterfront transformation.

A Home for Every Dreamer
From sleek 1-bedders to sprawling 5-bedroom family nests—Penrith has it all.

Shop, Eat, Chill, Repeat
IKEA, Anchorpoint, Dawson hawkers, lush parks, top schools—all in your backyard.
Modern Luxury in Historic Queenstown
Resort-Style Serenity Meets Everyday Convenience
Penrith @ Margaret Drive is a rare, high-quality condo launch in mature Queenstown, offering modern designs, robust connectivity, and promising long-term growth.
At the Heart of Queenstown
A boutique infill development with approximately 460 exquisitely designed residences spanning 1 to 4-bedroom configurations.
- 4-5 min walk to Queenstown MRT (EWL) – direct to Orchard, CBD, Jurong
- Access to major expressways – AYE, PIE, CTE
- Shopping nearby: IKEA Alexandra, Dawson Place, Anchorpoint, Queensway Shopping Centre
- Dining hubs: Margaret Drive Hawker Centre, Mei Ling Market
Location Map
Developer Excellence
Built by Trusted Industry Leaders
Penrith @ Margaret Drive is backed by a powerful consortium of developers known for shaping Singapore’s residential landscape with quality, innovation, and long-term value. This partnership ensures that Penrith will stand out as a landmark development in Queenstown.
GuocoLand
Renowned for its expertise in integrated mixed-use developments such as Guoco Tower and Midtown Modern, GuocoLand consistently delivers projects that redefine urban living.
Hong Leong Holdings
With decades of experience in Singapore’s property market, Hong Leong is behind numerous iconic residential and commercial developments, earning a reputation for reliability and timeless design.
Hong Realty & Intrepid Investments
Bringing strong execution capabilities and a focus on quality craftsmanship, ensuring that Penrith is built to the highest standards.
Queenstown’s New Icon of Living

Location
Located in the heart of Queenstown, Penrith offers city-fringe convenience with suburban tranquility. Everything from MRT connectivity to lifestyle amenities and top schools is just a short walk away.

Site Map
Penrith’s site map shows a thoughtfully planned condo with seamless integration of residential blocks and lifestyle zones, ensuring a vibrant yet tranquil community on a 9,500–9,522 sqm (approx. 102,500 sq ft) site.

Floor Plan
Each floor plan from 2- bedroom to 4- bedroom at Penrith emphasizes space efficiency, natural light, and modern living. Whether you’re buying for own stay or investment, Penrith offers the perfect home.
Nearby Amenties

🏢 Schools
Queenstown Primary School (within 1km)
Queenstown Secondary School
Crescent Girls’ School
Gan Eng Seng School

🛍️ Shopping
Dawson Place
Anchorpoint Shopping Centre
Queensway Shopping Centre
IKEA Alexandra

🚇 MRT Stations
Queenstown MRT (EW19) – ~5 mins walk
Commonwealth MRT (EW20) – 1 stop away
Redhill MRT (EW18) – 1 stop away
- Buona Vista MRT (EW21/CC22) – nearby interchange

🏥 Hospitals
Alexandra Hospital (~5 mins drive)
National University Hospital (NUH) (~10 mins drive)
Gleneagles Hospital (~10 mins drive)
Camden Medical Centre (~12 mins drive)

🌳 Parks
Alexandra Canal Linear Park (directly connected)
Singapore Botanic Gardens (~8 mins drive)
HortPark & Southern Ridges (~10 mins drive)
Rail Corridor (Nature trail)

🏢 Business Hotspot
One-North Business Park & Biopolis
Mapletree Business City
CBD / Raffles Place (~15 mins drive or MRT ride)
Thank You for Your Interest in Penrith @ Margaret Drive
We sincerely appreciate your feedback and support. If you have any enquiries about Penrith Condo or experience any issues accessing our site, please do not hesitate to email us at sales@penrithofficialsite.sg for the quickest response.
Alternatively, if you would like us to reach out directly, simply leave your contact details below and our team will get back to you at the earliest.
Learn More From
Frequently Asked Questions
Penrith is located along Margaret Drive in Queenstown, District 3, one of Singapore’s most well-connected and established residential estates.
Penrith is jointly developed by GuocoLand and Hong Leong Holdings, both renowned for delivering premium residential and integrated developments across Singapore.
The development will feature 462 residential units spread across elegant 40-storey towers, offering a wide selection of layouts from 1-Bedroom to 4-Bedroom units.
Penrith sits on a site area of approximately 9,526 sqm, offering ample space for residential living and modern condo facilities.
Residents can look forward to a wide range of facilities such as a 50m lap pool, gym, clubhouse, function rooms, children’s play areas, landscaped gardens, BBQ pavilions, and relaxation decks.
Penrith enjoys superb connectivity with Queenstown MRT (EW19) just a short walk away, linking residents to the East–West Line and beyond.
Nearby amenities include Queensway Shopping Centre, Anchorpoint Mall, IKEA Alexandra, Alexandra Hospital, Tanglin Trust School, and Holland Village. Orchard Road and the CBD are also within a short drive.