Developer
Hong Leong Holdings & GuocoLand
Units
462
Tenure
99 Years
Expected TOP
EST 2029
Connectivity Options
Public Transport:
- Queenstown MRT (EW19)
- Commonwealth MRT (EW20)
Expressway:
- Queensway Road (Outer Ring Road System) – 3 minutes drive
- Ayer Rajah Expressway (AYE) – 3 minutes drive
Educational Institutes
Primary Schools nearby:
- Queenstown Primary School
- New Town Primary School
- Gan Eng Seng Primary School
- Alexandra Primary School
Secondary Schools nearby:
- Queensway Secondary School
- Crescent Girls’ School
- Bukit Merah Secondary School
Institutes of Higher Learning:
- Anglo-Chinese Junior College (ACJC)
- Singapore Polytechnic (SP)
- Management Development Institute of Singapore (MDIS)
Project Info
| Project Name | Penrith |
| Address | Margaret Drive |
| District | D03 – Queenstown |
| Tenure | 99 years from 15 July 2024 |
| Site Area | 9,522.3sqm |
| Number of Units | 462 (2 blocks, 40 floors each) |
| Expected TOP | EST 2029 |
Available Units
Prime Location & Exceptional Connectivity
Walking distance to Queenstown MRT (East-West Line), offering direct train access to CBD, Orchard Road, Jurong East, and more—approximately a 15-minute ride to Raffles Place
Lifestyle & Daily Conveniences
Retail and dining amenities nearby such as Queensway Shopping Centre, IKEA Alexandra, Anchorpoint, Margaret Drive Hawker Centre, and Margaret Market—great for groceries, cafés, and local eats. Green and recreational spaces like Queenstown Public Library, family-friendly parks, and sports facilities within walking distance
Main Developer
GuocoLand & Hong Leong Holdings Limited
GuocoLand and Hong Leong Holdings Limited have joined forces to develop Penrith Condo at Margaret Drive, a 99-year leasehold residential project in Queenstown, Singapore.
GuocoLand is a prominent Singapore-based developer known for its award-winning residential and mixed-use developments, including Guoco Tower and Wallich Residence.
Hong Leong Holdings Limited, part of the Hong Leong Group Singapore, has a strong track record in property development, with notable projects such as The St. Regis Residences and The Tate Residences.
Their collaboration on Penrith Condo aims to deliver a premium living experience in a well-connected and mature estate.
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