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Penrith

Apartment · in Queenstown, District 3, Singapore · 99 yrs leasehold · Completed Uncompleted

Data through 4 August 2026

Penrith site plan and project gallery

Site plan of Penrith in SingaporePenrith property photo 1 in SingaporePenrith property photo 2 in SingaporePenrith property photo 3 in SingaporePenrith property photo 4 in Singapore

Site plan is shown first when available. Scroll to view more project images.

Intro: Penrith sits in the heart of Queenstown, offering residents a modern home just a short walk from Queenstown MRT station and practically next door to Queenstown Primary School 🏫.
Good to know: Features dual 40th-storey roof gardens equipped with sky dining and stargazing decks 🌌; Includes a dedicated 2-storey clubhouse and a full-sized tennis court for active weekends 🎾.
Practical note: As a large-scale development with 462 units across 40-storey towers, residents should expect a more urban, high-density living pace compared to smaller boutique projects 🏢.

D3RCRCentralQueenstown
On this pageSite plan & photosProject detailsNearby MRT & schoolsPrices & transactionsFAQs
User Score
User ratings for this property
5.0
< 1km
MRT Station
< 10y
Property Age
Near
$1M+ HDB
> 1K
MOPs in Town
50+
Deals Past Yr
Mega
Development
100%
Profitable
Top 20
Schools

Penrith project details

Street
Margaret Drive
Developer
Margaret Rise Development Pte. Ltd.
Property Type
Apartment
Completion
Uncompleted
Total Units
462
Plot Ratio
4.2
Unit Size
614 - 1,281 sqft
Tenure
99 yrs leasehold, 99 yrs from 04/11/2024
Lease Remaining
97 yrs
Postal Sector
14

GLS Site

Land Use
Residential (Non-Landed)
Development Type
Residential
Site Area
9522.30
Plot Ratio
4.20
Permissible GFA
39994.00
GLS Launch
30-05-2024
Tender Closed
01-08-2024
Awarded
07-08-2024
Awarded To
Intrepid Investments Pte. Ltd., Hong Realty (Private) Limited and GuocoLand (Singapore) Pte. Ltd.
Bids
2
Winning Tender
497000000.00
Land Rate (GFA)
12426.86
Land Rate (ppr)
1154.49
Max GFA (Est.)
39994.00
Estimated Units
460

MRT and LRT stations near Penrith

  • Queenstown302 m · MRTEW19
See details on nearby stations

Primary schools near Penrith

  • Queenstown Primary School94 m
  • New Town Primary School1,000 m
See details on nearby schools

Penrith price, PSF and transaction trends

97%
Sold At Launch
0%
HDB Buyers
$1.2B+
Total Transacted
15-10-2025
First Transacted
04-08-2026
Last Transacted
464
Total Transactions

Penrith transaction volume

Penrith transaction volume01503004506002025 · New Sale: 45720252026 · New Sale: 72026
New SaleSub SaleResale

Among the latest 12 recorded sales for Penrith, the median price was S$1,888,000 and the median PSF was S$2,918 psf. The newest record shown is from 4 August 2026. The annual project median was 4.7% higher in 2026 than in 2025; unit mix can affect year-to-year comparisons.

Recent Penrith transactions

DateSale typePricePSFSize
4 August 2026New SaleS$1,798,000S$2,930 psf614 sqft
30 July 2026New SaleS$1,600,000S$2,608 psf614 sqft
30 July 2026New SaleS$1,600,000S$2,608 psf614 sqft
22 May 2026New SaleS$1,793,000S$2,922 psf614 sqft
1 May 2026New SaleS$1,788,000S$2,914 psf614 sqft

Penrith median transaction PSF (S$)

Penrith median transaction PSF (S$)01.0K2.0K3.0K2025 · Median PSF: 2.8K20252026 · Median PSF: 2.9K2026

Penrith annual price trend

YearMedian priceMedian PSFRecorded sales
2026S$1,793,000S$2,922 psf7
2025S$2,313,000S$2,792 psf457
View full details

Frequently asked questions about Penrith

How much do units at Penrith cost?

The latest 12 recorded sales show a median price of S$1,888,000 and a median of S$2,918 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is Penrith freehold or leasehold?

Penrith has a tenure of 99 yrs leasehold.

When was Penrith completed and who developed it?

Penrith was completed in Uncompleted, the developer is Margaret Rise Development Pte. Ltd., and the project has 462 units.

Which MRT or LRT station is nearest to Penrith?

Queenstown is the nearest station shown, at an estimated straight-line distance of 302 metres.

Which primary schools are near Penrith?

The primary schools shown within the page’s one-kilometre search are Queenstown Primary School (94 m) and New Town Primary School (1,000 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 4 August 2026. Figures are indicative and do not constitute financial advice.

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Discussion about Penrith

This is a safe space to ask anything. Disrespectful accounts will be banned.
CilantroLacedKwayTeowSoup5great ammenities, greeneries and accessible to MRT
24 February 20262
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