Preview Available: Penrith

Elegantly Crafted Residences for Modern Families Seeking Refined Living Spaces

*The information is subject to change and photos/images used are for illustration purposes only.

Prime Location in Queenstown

Project / Location Name

PENRITH

Region

Rest of Central Region (RCR)

District

D03 - Alexandra / Commonwealth

Cluster

Central

Planning Area

Queenstown

Subzone

MARGARET DRIVE

Property Type

Condo

Site Area

102,497 Sqft

GFA

429,480 Sqft

Plot Ratio

4.5

Tenure

99 Years

Total Units

462

Type of Land Sales

GLS

Land Use

Residential

Land Bid Price

$497,000,000

Highest Bid (m)

$497,000,000

Highest Bid (psf)

$1,154

Number of Bids

2

Land Awarded Date

2024-08-01

Est. Breakeven PSF

$2,026

Developers

GuocoLand, Hong Leong Holdings Limited

Source: URA

*The information is subject to change and photos/images used are for illustration purposes only.

Discover Penrith: Your Ideal Home in Queenstown, Singapore

Welcome to PENRITH, a prestigious residential development nestled in the heart of Queenstown, Singapore's Rest of Central Region. With 460 thoughtfully designed units spread across 102,257 square feet, PENRITH offers a perfect blend of space efficiency and luxurious living.

Strategically located in the Margaret Drive subzone, PENRITH provides residents with unparalleled convenience and connectivity. Just steps away from Queenstown MRT station and surrounded by a myriad of amenities, living here ensures a lifestyle of ease and comfort.

Families choosing PENRITH enjoy proximity to renowned educational institutions like Queenstown Primary School, Queenstown Secondary School, and Anglo-Chinese Junior College. International education is also within reach at the nearby Razum International School.

For daily essentials and leisure, residents can explore Dawson Place for shopping, Dawson Hawker Centre for dining, and SHENG SIONG SUPERMARKET PTE LTD for grocery needs. Childcare facilities, community services, and healthcare options are all conveniently located within walking distance.

Nature enthusiasts will appreciate the nearby Rail Corridor for outdoor activities and green spaces. The surrounding area boasts a vibrant property market with a variety of comparable properties and strong rental yields, making PENRITH a promising growth opportunity.

Designed for long-term success, PENRITH presents a value-driven proposition with robust rental demand, excellent amenities, and a prime location in a mature neighborhood. Discover the perfect balance of comfort, convenience, and community at PENRITH.

*The information is subject to change and photos/images used are for illustration purposes only.

Location Information

Discover the prime positioning of PENRITH with excellent access to transportation, educational institutions, shopping, dining, childcare, and healthcare facilities all within reach. Explore a vibrant lifestyle with recreational spaces like Rail Corridor just a stone's throw away.

Trains (MRT & LRT)

  • EW19 Queenstown

    MRT

    380 m

  • EW18 Redhill

    MRT

    1200 m

  • EW20 Commonwealth

    MRT

    1320 m
Bus Stops

  • Queenstown Pr Sch

    Margaret Dr

    80 m

  • Opp Queenstown Pr Sch

    Margaret Dr

    120 m

  • Queenstown Lib

    Margaret Dr

    330 m
Primary Schools

  • Queenstown Primary School

    310 Margaret Drive

    120 m

  • New Town Primary School

    300 Tanglin Halt Road

    1030 m

  • Gan Eng Seng Primary School

    100 Redhill Close

    1430 m
Secondary Schools

  • Queenstown Secondary School

    1 Strathmore Road

    620 m

  • Queensway Secondary School

    2a Margaret Drive

    810 m

  • Crescent Girls' School

    357 Tanglin Road

    1060 m
International Schools

  • Invictus International School (dempsey)

    73 Loewen Road #01-21 Singapore 248843

    650 m

  • Melbourne Specialist International School

    75c Loewen Road Singapore 248853

    680 m

  • Razum International School

    1 Kay Siang Road #05-01/02 Singapore 248922

    740 m
Supermarkets

  • Dawson Place

    Central

    520 m

  • Anchorpoint

    Central

    940 m

  • Alexandra Central

    Central

    1100 m
Healthcare

  • Rainbow Dental Clinic

    Margaret Drive

    80 m

  • St. Andrew's Nursing Home (queenstown)

    Jalan Penjara

    160 m

  • Dental Clinic

    Margaret Dr

    180 m

Source: URA

*The information is subject to change and photos/images used are for illustration purposes only.

Nearby Property Transactions (Past 1 Year)

Explore the dynamic property market in the vicinity with transaction prices ranging from $788,000 to $12,300,000. Discover the average price per square foot at $2251 and rental prices ranging from $2,430 to $35,000 monthly. Gain insights into the latest real estate trends in the neighborhood.

$788,000 $935 PSF $2,450,658 $2,462 PSF $16,000,000 $4,299 PSF
Lowest Sale Average Highest Sale
Distance Project Name Tenure Top Total Units Bedroom Size Range Sales Range Sales Volume
305m QUEENS PEAK 99 Years 2020 736 1, 2, 3, 4, 5, Penthouse 431 - 2,002 sqft S$948,000 - S$4,230,000
S$1,959 - S$2,348 PSF 		53
314m COMMONWEALTH TOWERS 99 Years 2017 845 1, 2, 3, 4 441 - 1,302 sqft S$900,000 - S$2,960,000
S$1,911 - S$2,536 PSF 		47
537m QUEENS 99 Years 2002 722 2, 3, 4, Penthouse 915 - 1,410 sqft S$1,580,000 - S$2,738,800
S$1,533 - S$1,942 PSF 		16
628m ALEXIS Freehold 2014 293 1, 2, Penthouse 388 - 850 sqft S$788,000 - S$1,248,000
S$1,468 - S$2,064 PSF 		8
630m STIRLING RESIDENCES 99 Years 2022 1259 1, 2, 3, 4 441 - 1,346 sqft S$1,014,000 - S$3,550,000
S$2,012 - S$2,697 PSF 		100

Source: URA

*The information is subject to change and photos/images used are for illustration purposes only.

Nearby Rentals Within 2Km (Past 1 Year)

Explore a range of rental opportunities in the vibrant neighborhood surrounding PENRITH. From $2,430 to $35,000 monthly, discover your ideal living space.

Distance Project Name Tenure Top Total Units Bedroom Size Range Rental Range Rental Yield Rental Volume
305m QUEENS PEAK 99 Years 2020 736 1, 2, 3, 4, 5, Penthouse 431 - 2,002 sqft S$3,100 - S$10,500
S$4 - S$10 PSF 		2.40% - 5.70%
Avg Yield: 4.05% 		250
314m COMMONWEALTH TOWERS 99 Years 2017 845 1, 2, 3, 4 441 - 1,302 sqft S$3,050 - S$8,000
S$5 - S$9 PSF 		2.55% - 5.60%
Avg Yield: 4.08% 		307
537m QUEENS 99 Years 2002 722 2, 3, 4, Penthouse 915 - 1,410 sqft S$4,300 - S$10,200
S$3 - S$6 PSF 		2.50% - 4.47%
Avg Yield: 3.49% 		114
628m ALEXIS Freehold 2014 293 1, 2, Penthouse 388 - 850 sqft S$2,500 - S$5,700
S$3 - S$10 PSF 		2.40% - 6.55%
Avg Yield: 4.48% 		153
630m STIRLING RESIDENCES 99 Years 2022 1259 1, 2, 3, 4 441 - 1,346 sqft S$3,100 - S$10,350
S$6 - S$9 PSF 		2.22% - 5.33%
Avg Yield: 3.78% 		282

Source: URA

*The information is subject to change and photos/images used are for illustration purposes only.

Project Information & Faqs About Penrith

The district is D03 - Alexandra / Commonwealth for Penrith

This property type is a Non-Landed for Penrith

The plot ratio for Penrith is 4.53

The gross floor area for Penrith is 429,480 sqm

The land size for Penrith is 102,497 sqft

The subtown for Penrith is MARGARET DRIVE

The tenure of Penrith is 99 Years

The region of Penrith is RCR

There are 2 blocks in Penrith development.

Invictus International School (Dempsey), Melbourne Specialist International School, Razum International School, The Guild International College, North London Collegiate School international schools are near to Penrith

Anglo-chinese Junior College, Anglo-chinese School (Independent), Hwa Chong Institution, National University Of Singapore, St. Joseph's Institution Tertiary & Universities are near to Penrith

Queenstown Secondary School, Queensway Secondary School, Crescent Girls' School, Bukit Merah Secondary School, Gan Eng Seng School secondary school(s) is/are near to Penrith

Queenstown Primary School, New Town Primary School, Gan Eng Seng Primary School, Alexandra Primary School, Blangah Rise Primary School primary school(s) is/are near to Penrith

Bus number(s) 32, 122, 51, 111, 145, 186, 195, 195A, 970 is/are near to Penrith

East West Line, Thomson East Coast Line MRTS are near to Penrith

Dawson Place, Anchorpoint, Alexandra Central, Queensway Shopping Centre, Hao Mart shopping center(s) is/are near to Penrith

Dawson Hawker Centre, Mei Chin Road Blk 159 (Mei Chin Road Market), Jalan Bukit Merah Blk 6 (Abc Brickworks Market/food Centre), Commonwealth Drive Blk 1a/2a/3a (Tanglin Halt Food Centre/commonwealth Drive Food Centre), Bukit Merah Lane 1 Blk 120 (Alexandra Village Food Centre) hawker center(s) is/are near to Penrith

The Children's Place Pte Ltd, Queenstown Good Shepherd Kindergarten, My First Skool, Pcf Sparkletots Preschool @ Queenstown Blk 78b (Cc), Children's Cove Preschool Pte.ltd. childcare is/are near to Penrith

Rainbow Dental Clinic, St. Andrew's Nursing Home (Queenstown), Dental Clinic, Dawson Medical Clinic, The Dental Gallery Dawson are near to Penrith

Queenstown Cc, Leng Kee Cc, Bukit Merah Cc, Henderson Cc, Buona Vista Cc community centers are near to Penrith

The unit mix for Penrith development is [2, 3, 4]

*The information is subject to change and photos/images used are for illustration purposes only.

Penrith Contact Information

Learn More About Penrith's Well-connected Location

Information Services

For detailed insights on PENRITH and its prime location within the Queenstown planning area, contact us today. Discover the convenience of nearby amenities like Queenstown MRT, schools, shopping, and more, enhancing your quality of life.

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