Penrith Condo, an eagerly awaited residential project along Margaret Drive in Singapore s historic Queenstown estate, is set to elevate urban living in District 3. Developed by a powerhouse trio GuocoLand, Hong Leong Holdings, and Intrepid Investments this 99-year leasehold development features 462 units and is slated for completion in 2029. Combining prime location, sophisticated design, and robust investment potential, Penrith Condo is poised to attract homeowners and investors alike. This article delves into what makes this new launch a standout in Singapore s dynamic property landscape.
Strategic Location and Seamless Connectivity
Penrith Condo s location in Queenstown offers unmatched accessibility. Just a four-minute walk from Queenstown MRT Station on the East-West Line, residents enjoy swift connections to the Central Business District (CBD), Orchard Road, and Jurong East. For drivers, proximity to major expressways like the Ayer Rajah Expressway (AYE), Central Expressway (CTE), and Pan-Island Expressway (PIE) ensures effortless island-wide travel. A robust bus network along Margaret Drive and Commonwealth Avenue further enhances commuting options, with direct routes to Bukit Merah, Orchard, and Marine Parade.
Queenstown, one of Singapore s oldest estates, balances heritage charm with modern vitality. The Urban Redevelopment Authority s (URA) Master Plan is transforming the area through projects like the Dawson estate rejuvenation and the Greater Southern Waterfront, which promise new commercial, residential, and recreational spaces. These initiatives position Penrith Condo in a high-growth corridor, blending city-fringe convenience with suburban serenity.
Elegant Design and Premium Amenities
Penrith Condo offers a variety of unit types, from one-bedroom apartments to expansive four-bedroom suites, catering to diverse lifestyles. Each unit boasts smart layouts, high-quality finishes, and floor-to-ceiling windows that invite natural light and showcase views of lush surroundings. Emphasizing sustainability, the development incorporates energy-efficient systems and eco-friendly materials, aligning with Singapore s City in a Garden ethos. Communal facilities, including a swimming pool, modern gym, clubhouse, and landscaped gardens, promote wellness and community engagement.
The architectural vision for Penrith Condo merges contemporary aesthetics with functionality. Its sleek fa ade, clean lines, and tiered landscaping harmonize with nearby green spaces like the Alexandra Park Linear Connector and the Singapore Botanic Gardens. These areas provide residents with opportunities for outdoor activities, from jogging to leisurely strolls, offering a tranquil retreat from urban bustle.
Vibrant Lifestyle and Nearby Conveniences
Residents of Penrith Condo benefit from a wealth of nearby amenities. Shopping options like Anchorpoint Shopping Centre, Queensway Shopping Centre, and IKEA Alexandra cater to everyday needs, while Margaret Market, a conserved heritage site, offers a unique experience with local vendors. Food lovers can explore Mei Ling Market& Food Centre or the redeveloped Margaret Drive Hawker Centre, known for local favorites like laksa and Hainanese chicken rice.
Families will appreciate the proximity to esteemed schools, including Queenstown Primary School, New Town Primary School, and Crescent Girls School, ensuring quality education within reach. For recreation, HortPark and the Rail Corridor provide ample opportunities for outdoor pursuits, enhancing the area s appeal for active lifestyles.
Strong Investment Appeal and Developer Expertise
Penrith Condo presents a compelling case for investors, given Queenstown s limited supply of new developments and strong rental demand. Its location near business hubs, international schools, and institutions like the National University of Singapore attracts expatriates and professionals. The URA s plans for the Greater Southern Waterfront and Dawson estate further bolster long-term capital appreciation. Launch prices are estimated at $2,500 to $2,600 per square foot, reflecting the project s premium quality and location.
Backed by GuocoLand and Hong Leong Holdings, both under the Hong Leong Group, Penrith Condo benefits from a legacy of excellence seen in projects like Martin Modern and Midtown Modern. Their expertise guarantees a development that meets the highest standards of design and construction, instilling buyer confidence.
A Glimpse into Luxury Living
Penrith Condo at Margaret Drive is more than a home; it s a lifestyle destination. With its prime location, luxurious amenities, and sustainable design, it appeals to those seeking comfort, connectivity, and growth potential. Prospective buyers are encouraged to visit the Penrith Showflat to experience the development s vision firsthand and register for previews to secure preferred units and pricing. As Queenstown evolves, Penrith Condo stands as a beacon of modern luxury, offering a unique opportunity to invest in one of Singapore s most promising districts.
