Penrith Latest Updates

Penrith condominium which is located along Margaret Drive, is proudly developed by veteran developers GuocoLand and Hong Leong Holdings. This brand-new Queenstown condominium, which can yield 460 residential units from 1-4 bedrooms, and has a site area of 9,522.3 sqm / 102,498 sft. Penrith condominium has unrivaled transport connectivity and no lack of daily essential amenities.

GuocoLand successfully tendered at a winning bid of S$497 million for the land at Margaret Drive or S$1,154 psf per plot ratio (ppr). GuocoLand’s impressive track record in transforming and developing premium grade A mixed-use developments such as Wallich Residence, Midtown Modern, Midtown Bay will definitely bring a refreshing transformation to the Queenstown neighbourhood.

Penrith’s Location:

Penrith, nestled in the vibrant heart of Queenstown in Singapore which is developed in the 1950s, presents a compelling opportunity for both homebuyers and investors seeking a blend of established amenities, excellent education options, and access to nature. Located within a mature estate, Penrith offers future residents a unique advantage: immediate access to a wealth of existing conveniences.

Unlike developments springing up in nascent areas, Penrith benefits from a well-established infrastructure. Residents will find themselves surrounded by a plethora of amenities, from grocery stores and hawker centers serving up delicious local fare to shopping malls and essential services – all within easy reach. This eliminates the growing pains often associated with newly developed areas, offering a seamless and comfortable transition for new residents.

Penrith’s Amenities:

Families considering Penrith will be particularly attracted to its proximity to reputable national schools. With a selection of popular schools located within a 1-2km radius, parents can rest assured that their children have access to quality education options, reducing commuting time and stress. This proximity to esteemed educational institutions significantly enhances the appeal of Penrith for families prioritizing academic excellence.

Beyond its practical advantages, Penrith’s location makes it an appealing investment opportunity. The combination of a mature estate with established amenities and excellent schools contributes to its strong rental potential, making it an attractive option for landlords. Furthermore, Queenstown’s continued desirability as a residential area suggests strong potential for capital appreciation in the long term.

Unlike developments springing up in nascent areas, Penrith benefits from a well-established infrastructure. Residents will find themselves surrounded by a plethora of amenities, from grocery stores and hawker centers serving up delicious local fare to shopping malls and essential services – all within easy reach. This eliminates the growing pains often associated with newly developed areas, offering a seamless and comfortable transition for new residents.

Beyond its practical advantages, Penrith’s location makes it an appealing investment opportunity. The combination of a mature estate with established amenities and excellent schools contributes to its strong rental potential, making it an attractive option for landlords. Furthermore, Queenstown’s continued desirability as a residential area suggests strong potential for capital appreciation in the long term.

One of Penrith’s most captivating features is its proximity to Singapore’s “Green Lungs”: the Alexandra Park Linear Connector. This lush green space offers residents a tranquil escape from the urban hustle and bustle. Imagine leisurely strolls, invigorating jogs, or peaceful picnics amidst the verdant landscapes – all just a stone’s throw away from your doorstep. This connection to nature provides a valuable opportunity for residents to recharge and reconnect with the environment, fostering a healthier and more balanced lifestyle.

In a market saturated with condominium offerings, the Penrith seeks to distinguish itself by focusing on two key pillars: unparalleled amenities and a green-centric design.

Penrith’s Potential: 

Penrith Condominium in Queenstown, stands to benefit significantly from the exciting developments transforming Queenstown into a vibrant and connected hub. This ongoing revitalization is poised to attract a wave of HDB upgraders, solidifying Penrith’s potential as a desirable and future-proof investment. The key to future appreciation lies in attracting the right buyer pool. And that pool is increasingly likely to be HDB upgraders seeking improved living spaces, enhanced amenities, and a more sophisticated lifestyle. Compared to newer developments closer to the city center, Penrith often offers a more affordable entry point for HDB upgraders looking to maximize their investment. They can often secure a larger unit or a more desirable layout without breaking the bank.

Penrith boasts an established community with a strong sense of neighborhood. This is appealing to HDB upgraders who value stability and familiarity. They are looking to move into a place where they can quickly feel at home and build lasting relationships.

Keen buyers can find out more about Penrith by projects details, download a copy of e-brochure! You will find several amenities at Penrith location map.

Home-seekers and property investors who are interested to learn more about this brand new Queenstown luxurious condominium may view and download  Penrith Floor Plan & Penrith E-Brochure. Or book a appointment to visit our showflat today!