Penrith Condo Review (with Prices): First new launch in Margaret Drive in 7 years!

Penrith Condo showflat preview runs from 3 to 14 October 2025, and sales will take place on 18 October 2025 (Saturday).

Hong Leong Holdings will begin the preview of Penrith on Friday, 3 October, with prices starting from S$1.495 million. This will be the first private residential development in Queenstown in 7 years. This project is a joint venture by Hong Leong Holdings Limited, Hong Realty (Private) Limited, and GuocoLand Limited.
Hong Leong Holdings Limited
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Hong Leong Holdings are kicking off the preview of their swish new condo, Penrith, this Friday, 3rd October. Prices are gonna start from $1.495 million. Loads of folks are buzzing about this because it’s the first private residential development to pop up in Queenstown in a whopping seven years! It’s a proper joint effort, too, between Hong Leong Holdings Limited, Hong Realty (Private) Limited, and GuocoLand Limited.

The Penrith condo itself is set at 70 and 72 Margaret Drive. The preview will be running from 3rd to 14th October 2025, and the official sales launch will be on Saturday, 18th October 2025. The showflat is right behind the Margaret Ville BTO, and you’ll find it directly opposite The Fisherman of Christ Fellowship. Good news on the parking front: there’s an open-air car park right next to the showflat, so there should be plenty of spots! If you’re using a map, just punch in “Public Carpark M0088”—it’s just across from Queensway Secondary School.

Penrith Condo will be located at 70 and 72 Margaret Drive.

Home & Decor
  1. 1. English-Inspired Design
  2. 2. Penrith Condo Prices
  3. 3. Penrith Condo Showflat

The Penrith condo itself is set at 70 and 72 Margaret Drive. From the showflat, you can take a short walk to the actual site where construction is ongoing and the Penrith Condo scaffolding is clear to see.

It’s a spanking new development with 462 units, tucked nicely into the established Margaret Drive estate.

The best bit? You’ll have a sheltered walk straight to Queenstown MRT! This is a pretty big deal because it’s the first private residential launch in Queenstown since 2018—about time!

You’re sitting in a prime city-fringe spot, which means easy-peasy access to the hustle and bustle of Orchard’s shopping district, the cool vibes of Dempsey Hill, and all your usual amenities. Can’t complain about that!

Drop off and pick up point at the Penrith Condo will be located by the sides of the condo, right where the Clubhouse is.

Drop off and pick up point at the Penrith Condo will be located by the sides of the condo, right where the Clubhouse is.

Hong Leong Group
Roof garden at the Penrith Condo will see two barbeque pits. BBQ to amazing Singapore skyline views? Invite me, please!

Roof garden at the Penrith Condo will see two barbeque pits. BBQ to amazing Singapore skyline views? Invite me, please!

Hong Leong Group

English-Inspired Design

The folks behind Penrith have taken their cue from Cumbria, England—a lovely, historic market town. So, you’ll see a lot of English influences popping up in the landscaping and how the communal spaces are designed.

Basically, from the gardens right through to the facilities, the whole development has been crafted to capture the feel of heritage architecture and the class of English traditions, but it’s all been updated for modern Singaporean living.

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English design influences punctuate the premises of Penrith Condo, such as English-style gazebos mimicking an English garden feel.

English design influences punctuate the premises of Penrith Condo, such as English-style gazebos mimicking an English garden feel.

Hong Leong Group

Penrith Condo Prices

This is a 99-year leasehold development, sitting on a plot that’s about 102,497 sq ft. You’ve got two tall 40-storey towers, so you’ll be getting some nice views up there.

They’ve got a smart mix of units, ranging from 2- to 4-bedroom layouts. The whole place is designed to offer practical homes that tick the boxes for young families while still being comfy enough for larger households.

Penrith Condo Showflat 3-bedroom living and dining space.

Penrith Condo Showflat 3-bedroom living and dining space.

Hong Leong Group

The Penrith condo units’ prices are starting from...

  • $1.495 million or $2,437 psf for a 2-bedroom (614 sq ft)
  • $1.665 million or $2,455 psf for a 2-bedroom premium (678 sq ft)
  • $1.973 million or $2,511 psf for a 3-bedroom (786 sq ft)
  • $3.078 million or $2,623 psf for a 4-bedroom (1,173 sq ft)

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For drivers, you can map yourself to this Public Carpark M0088 if you’re visiting the Penrith Condo showflat.

Penrith Condo showflat preview runs from 3 to 14 October 2025, and sales will take place on 18 October 2025 (Saturday).

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Penrith Condo Showflat

The preview will be running from 3rd to 14th October 2025, and the official sales launch will be on Saturday, 18th October 2025. The showflat is right behind the Margaret Ville BTO, and you’ll find it directly opposite The Fisherman of Christ Fellowship.

For drivers, you can map yourself to this Public Carpark M0088 if you’re visiting the Penrith Condo showflat.

For drivers, you can map yourself to this Public Carpark M0088 if you're visiting the Penrith Condo showflat.

Home & Decor

Good news on the parking front: there’s an open-air car park right next to the showflat, so there should be plenty of spots! If you’re using a map, just punch in “Public Carpark M0088”—it’s just across from Queensway Secondary School.

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