Penrith

NOW SELLING

99% sold

  1. VVIP open
  2. Showflat
  3. Selling
  4. Fully sold

District 03 - 70 Margaret Drive - Condo

462 homes•99 years•TOP 2029
Queenstown MRT

Explore Penrith, a new 462-unit condo in District 3. See the latest prices, available units for sale, floor plans, launch date, photos, location & nearby MRT/LRT.

Project Details

Guide price

From S$ 1.79M

Indicative psf

From 2,921 psf

Tenure

99 years

Total units

462 homes

Expected TOP

TOP 2029

Nearest MRT

Queenstown MRT

View unit mix
Penrith development

About The Project & Developer

Penrith rises along Margaret Drive as a new icon in Queenstown, blending prestige, heritage, and modern living. Inspired by the historic market town of Penrith in England, the development brings together heritage charm and natural serenity in the heart of Singapore’s first satellite town. With two soaring 40-storey towers housing 462 exclusive residences, Penrith offers a lifestyle that marries timeless elegance with contemporary convenience.

Penrith at Margaret Drive boasts a central location just a stone’s throw from the city centre, providing the perfect balance between urban convenience and suburban tranquillity. This makes it an ideal location for professionals who work in the city but prefer a quieter residence.

Developed by Intrepid Investments Pte. Ltd., Hong Realty (Private) Limited and GuocoLand (Singapore) Pte. Ltd.

Available Units

Browse the latest unit availability by block and bedroom type.

Blocks

2 Blocks

Available units

3 Available

Sold

99% Sold

Block

Bedroom type

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Unit Types

Penrith has a total of 462 units, from 2 Beds - 1 Bath to 4 Beds - 3 Bath units. There are 8 types of floor plan from 614 sqft to 1,281 sqft

2 units leftFrom S$ 1.79M

Sitemap details

Penrith Pricing Insight

Recent sales for Penrith
Date soldBlockUnitBedsPSFArea (sqft)Price sold
10/202670#37-xx2 BRS$ 2,925614S$ 1.796M
10/202670#39-xx-S$ 2,936613S$ 1.800M
09/202670#38-xx2 BRS$ 2,928614S$ 1.798M
09/202670#34-xx2 BRS$ 2,915614S$ 1.790M
09/202670#32-xx2 BRS$ 2,912614S$ 1.788M
08/202670#3x-xx2 BRS$ 2,928614S$ 1.798M
07/202672#3x-xx-S$ 2,610613S$ 1.600M
07/202672#3x-xx-S$ 2,610613S$ 1.600M

Progressive Timeline

Calculated from From S$ 1.79M.

Loan amount

$1,342,500

Initial payment

$143,200

Breakdown details

Option to purchase 5%$89,500
Sale and purchase 15%$268,500
BSD$53,700

Subsequent payment timeline

  1. Day 0

    Booking Fee (Option)

    5%

    $89,500

  2. Week 2–3

    Sales & Purchase Signed

    15%

    $268,500

  3. ~6 months

    Foundation Completed

    10%

    $179,000

  4. ~12 months

    Reinforced Concrete Works

    10%

    $179,000

  5. ~18 months

    Brick Walls / Partition

    5%

    $89,500

  6. ~24 months

    Roof / Wiring & Plaster

    5%

    $89,500

  7. ~30 months

    Carparks, Roads & Drainage

    5%

    $89,500

  8. ~36 months

    TOP / Key Collection

    25%

    $447,500

  9. ~48 months

    CSC / Legal Completion

    15%

    $268,500

FAQs

What is the full address of Penrith?

The full address of the development is 70 Margaret Drive, 149926, Queenstown (District 03).

When will the showflat for Penrith be available?

The showflat will be available for public viewing from 4 Oct 2025. Enquire with iProperty to book a showflat appointment.

What is the current price range and average PSF for Penrith?

Unit prices at Penrith currently range from S$ 1,600,000 to S$ 3,935,000, depending on unit type, size, layout, and floor level. Average PSF is S$ 2,859.8 psf based on transactions in the past six months.

Are there any promotions or discounts?

Promotions or price discounts may be available from time to time. Enquire with iProperty to receive the latest pricing and available offers.

When is the expected completion for Penrith?

Penrith is expected to obtain its Temporary Occupation Permit (TOP) in 2029, which marks the estimated completion and key collection period. This timeline is subject to change by the developer.