Penrith
D03 - Alexandra / Commonwealth
Project Timeline
Key milestones for Penrith.
Availability
Factsheet
Why Penrith
A landmark development that brings together an unbeatable location and trusted developer pedigree.
Current Prices
| Block ↕ | Unit ↕ | Plan | Area ↕ | Price ↕ | $PSF ↕ | Status |
|---|---|---|---|---|---|---|
| Blk 70 | #39-04 | (2)a | 614 sqft | $1,902,000 | $3,098 psf | Available |
| Blk 70 | #38-04 | (2)a | 614 sqft | $1,895,000 | $3,086 psf | Available |
| Blk 70 | #37-04 | (2)a | 614 sqft | $1,888,000 | $3,075 psf | Available |
| Blk 70 | #36-04 | (2)a | 614 sqft | $1,881,000 | $3,064 psf | Available |
| Blk 70 | #35-04 | (2)a | 614 sqft | $1,874,000 | $3,052 psf | Available |
| Blk 70 | #34-04 | (2)a | 614 sqft | $1,867,000 | $3,041 psf | Available |
| Blk 70 | #33-04 | (2)a | 614 sqft | $1,860,000 | $3,029 psf | Available |
| Blk 70 | #32-04 | (2)a | 614 sqft | $1,798,000 | $2,928 psf | Available |
| Blk 72 | #39-10 | (2)a | 614 sqft | $1,824,000 | $2,971 psf | Available |
| Blk 72 | #38-10 | (2)a | 614 sqft | $1,817,000 | $2,959 psf | Available |
Sold Prices
Penrith
D03 - Alexandra / Commonwealth
Penrith is a prestigious residential highrise development located in D03 - Alexandra / Commonwealth at 70 , 72 Margaret Drive. Developed by GuocoLand / Hong Leong Holdings / Hong Realty, this exceptional project offers 462 units across a thoughtfully designed landscape that balances luxury living with everyday comfort. The 99 years lease commencing from 04/11/2024 leasehold tenure provides an attractive proposition for both homeowners and investors seeking long-term value.
Set in the heart of Queenstown, Penrith ushers in a new chapter of sophisticated living. This 99-year leasehold residence offers 462 thoughtfully designed units that combine timeless elegance with modern comfort. Just a 4-minute walk to Queenstown MRT, residents enjoy seamless access to Orchard Road, the CBD, and key destinations island-wide. More than an address, Penrith is a symbol of prestige a The development embodies modern architectural excellence, with each unit meticulously crafted to maximize space, natural light, and functionality. Residents can look forward to a living experience that seamlessly blends style with practicality.
Beyond the development itself, residents benefit from the vibrant neighborhood surroundings. The location in D03 - Alexandra / Commonwealth offers unparalleled access to a wide array of amenities including shopping malls, dining options, reputable schools, and healthcare facilities. Excellent connectivity via major expressways and MRT stations ensures that the city center and key business hubs are just minutes away.
With an expected TOP in Apr 2031, Penrith presents a compelling opportunity for those looking to secure a home or investment in one of Singapore's most sought-after locations. The development's strong fundamentals, combined with the developer's track record of delivering quality projects, make it a noteworthy addition to Singapore's property landscape.
The Developer
GuocoLand
⭐ 9/10 — Major Listed DeveloperGuocoLand Limited is a Singapore-listed property developer with operations in Singapore, Malaysia, and China. The group is a member of the Hong Leong Group Malaysia and has developed notable projects including Guoco Tower (Tanjong Pagar), Wallich Residence, and Martin Modern. GuocoLand is known for creating integrated lifestyle destinations that blend residential, commercial, and retail spaces.
Hong Leong Holdings
⭐ 9/10 — Major Listed DeveloperHong Leong Holdings Limited is the property development arm of Hong Leong Group Singapore, one of Singapore's largest conglomerates. The group has developed numerous residential and commercial projects across Singapore, working in joint ventures with City Developments Limited. Hong Leong Holdings is backed by over 50 years of experience in the Singapore property market.
Why Penrith Stands Out
A closer look at the factors that make this development a compelling opportunity.
Location & Connectivity
Set in District 3, encompassing Queenstown and the Alexandra area. An established residential area with excellent city connectivity.
Amenities & Lifestyle
Shopping at Anchorpoint, IKEA Alexandra, and Queensway Shopping Centre. Surrounded by schools like Queenstown Primary and Gan Eng Seng.
Rental & Investment
Popular with young professionals and families for its central location, affordability, and strong transport links.
Area Transformation
Queenstown's ongoing rejuvenation adds new dining, retail, and lifestyle options.
Penrith — Rating & Reviews
Data-driven assessment based on location, facilities, pricing, and market context.
Rated based on district prestige and proximity to MRT stations, shopping malls, and key amenities within 1km.
Higher score for developments with swimming pool, gym, clubhouse, tennis court, spa, and other premium amenities.
Compares the project's price per square foot against the district average — below average pricing earns a higher score.
Larger developments with more units score higher for greater community vibrancy and better facilities.
Based on the developer's track record and market standing — top-tier listed developers earn the highest scores.
Projects with completed TOP and freehold tenure score highest; longer wait times reduce the score.
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Unit Distribution
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Frequently Asked Questions
Everything you need to know about Penrith.
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| Tenure | Freehold | 99 Years | Freehold | Freehold | Freehold | 99-year leasehold from 28 April 2025 | Freehold | Freehold | Freehold | Leasehold 99 years commencing 30 Sep 2025 | Freehold | 99 years from 13 Feb 2024 |
| TOP | Sep 2022 | TOP Obtained | Jul 2017(TOP+CSC Obtained) | TOP Obtained | Jan 2024 | Jun 2029 | 20 November 2025 | Dec 2017 | 23 Nov 2022 | Dec 2030 | Dec 2028 | Mar 2029 |
| 1 BR | 1BR+STUDY $1,658,000 - $1,930,000 549 - 635 sqft $3,020 - $3,039 psf | 1 Bedroom $1,718,000 527 - 700 sqft $3,260 psf | 1 Bedroom $2,288,000 - $2,805,000 592 - 861 sqft $3,258 - $3,865 psf 1 Bedroom (Double Volume) $2,563,000 - $2,649,000 872 - 904 sqft $2,930 - $2,939 psf 1 Bedroom + 1 $2,750,000 - $3,341,000 710 - 990 sqft $3,375 - $3,873 psf | 1 Bedroom $1,763,500 581 - 614 sqft $3,035 psf 1 Bedrooms $1,431,500 - $1,857,380 495 - 785 sqft $2,096 - $3,200 psf | 1 BEDROOM DELUXE $1,227,000 463 sqft $2,650 psf 1 BEDROOM EXECUTIVE $1,103,000 - $1,133,000 409 sqft $2,697 - $2,770 psf 1 BEDROOM GARDEN $1,303,000 506 sqft $2,575 psf | 1 BEDROOM + STUDY $1,404,000 - $1,427,000 506 sqft $2,775 - $2,820 psf | ||||||
| 2 BR | 2BR $2,115,000 - $2,268,000 689 - 732 sqft $3,050 - $3,292 psf 2BR+STUDY $2,486,000 - $2,644,000 807 sqft $3,081 - $3,276 psf | 2 Bedroom $3,838,000 1,066 sqft $3,600 psf | 2 Bedroom + Study $4,811,100 - $5,522,760 1,313 sqft $3,664 - $4,206 psf | 2 Bedroom Apartment $10,000,000 3,197 sqft $3,128 psf | 2 Bedrooms (Attic) $6,484,000 1,981 sqft $3,273 psf 2 Bedrooms (Loft) $5,330,000 - $5,909,000 1,604 - 1,765 sqft $3,133 - $3,684 psf 2 Bedrooms (Loft) + Study $5,303,000 - $5,957,000 1,808 - 1,841 sqft $2,915 - $3,295 psf | $2,260,000 807 sqft $2,800 psf | 2 BEDROOM DELUXE $1,644,000 - $1,822,000 667 - 678 sqft $2,425 - $2,687 psf 2 BEDROOM EXECUTIVE $1,334,000 - $1,499,000 549 sqft $2,430 - $2,730 psf 2 BEDROOM LOFT $2,350,000 - $3,265,000 936 - 1,335 sqft $2,446 - $2,511 psf 2 BEDROOM PREMIUM $1,726,000 - $2,225,000 667 - 850 sqft $2,588 - $2,618 psf | 2 BEDROOM + STUDY $2,275,000 807 sqft $2,819 psf | ||||
| 3 BR | 3BR+STUDY $4,363,000 - $4,415,000 1,389 sqft $3,141 - $3,179 psf | 3 Bedroom (Loft) $10,045,287 2,583 sqft $3,889 psf | 3 Bedroom $7,061,000 - $7,500,000 1,776 sqft $3,976 - $4,223 psf | 3 Bedrooms (Loft) $8,338,000 - $8,777,000 2,422 sqft $3,443 - $3,624 psf | 3 Bedrooms $3,416,000 - $3,500,200 1,410 - 1,432 sqft $2,423 - $2,446 psf | 3 BEDROOM $2,691,000 - $2,713,000 926 sqft $2,906 - $2,930 psf | ||||||
| 4 BR | 4 BEDROOM $3,330,000 - $3,413,000 1,184 sqft $2,813 - $2,883 psf 4 BEDROOM + STUDY $3,686,000 - $4,082,000 1,507 sqft $2,446 - $2,709 psf 4 BEDROOM DUAL KEY $3,396,000 - $3,661,000 1,313 sqft $2,586 - $2,788 psf 4 BEDROOM PREMIUM $3,506,000 - $3,569,000 1,313 sqft $2,670 - $2,718 psf | |||||||||||
| 5 BR | $58,575,000 10,452 sqft $5,604 psf | 5 BEDROOM $3,965,000 - $4,609,000 1,776 sqft $2,233 - $2,595 psf |