Penrith
Penrith is a new luxury condominium launch located along Margaret Drive in Queenstown, District 3, Singapore. It is developed by renowned developers GuocoLand and Hong Leong Holdings and offers a 99-year leasehold tenure.
The development sits in a prime city-fringe location just minutes’ walk from Queenstown MRT station on the East-West Line, providing excellent connectivity to the Central Business District, Orchard Road, Jurong East, and other key parts of Singapore. It also benefits from proximity to major expressways and bus routes.
Penrith features about 462 residential units with a mix of 2- to 4-bedroom apartments designed for modern living with efficient layouts that maximize usable space and natural light. The site area is approximately 9,522 square meters (about 102,498 square feet).
Residents can expect a thoughtfully curated set of premium facilities, including multiple swimming pools, a modern gymnasium, yoga studio, tennis and basketball courts, BBQ pits, function rooms, clubhouses, and children’s playground and play areas, all set amidst lush greenery.
The location offers great lifestyle convenience with nearby amenities such as Queensway Shopping Centre, Anchorpoint Shopping Centre, IKEA Alexandra, and popular food centers like Alexandra Village Food Centre and Mei Ling Market. For nature and recreation enthusiasts, parks and connectors such as Alexandra Canal Linear Park, the Rail Corridor, and the Singapore Botanic Gardens are close by.
Families will appreciate the close vicinity of reputable schools like Queenstown Primary School, Crescent Girls’ School, and Gan Eng Seng School, along with various preschools. The National University of Singapore is also nearby, adding educational value to the location.
Penrith combines the best of city-fringe living with strong rental appeal and potential for capital growth, supported by limited new supply in Queenstown and upcoming developments related to the Greater Southern Waterfront vision. It is suited for homeowners, families, professionals, and investors seeking a balance of connectivity, lifestyle, and quality in a mature estate.