Penrith price list: 3 units left, from $1,788,000
3 of 462 units unsold as at 22 October 2026, from $1.79m at $2,912 to $2,922 psf. 99-year leasehold in the Rest of Central Region.
Penrith is a 462-unit 99-year leasehold condominium in D3 (Queenstown / Tiong Bahru), in the Rest of Central Region. As at 22 October 2026, 3 units are unsold and the project is 99.4% sold. What is left runs from $1,788,000 to $1,794,000, at $2,912 to $2,922 psf.
Developed by GuocoLand / Hong Leong Holdings / Hong Realty, it sits at 70 and 72 Margaret Drive (completion: Apr 2031).
Its entry psf sits $0 above the D3 median of $2,912, across the 3 projects still selling there.
What is left is 3 2 bedroom ((2)a) — named units rather than a choice of layout.
What is left
Penrith units still available
Here is the unsold stock at Penrith split by unit type. The headline count hides how lopsided this usually is, so read across each row to where the stock actually sits.
Figures as at 22 October 2026, from the developer's unsold-stock record on the PropNex register. Units sell between updates, so ask me for today's count before you decide.
| Unit type | Size, sq ft | From | Left |
|---|---|---|---|
| 2 Bedroom | 614 | $1,788,000 | 3 of 76 |
One type is all that is left: 2 bedroom, 614 sq ft, from $1,788,000. The choice here is between units, not between layouts.
By layout
Penrith price list by layout, as at 22 October 2026
Layout by layout, what Penrith built, what is still unsold and what each costs, per the developer's filing. Portals estimate; this is the developer's own figure.
The range across layouts runs $1,839,000 to $3,935,000 — a factor of 2.1. At that spread the layout you choose decides the budget, and the floor you choose only adjusts it.
Where a band shows a single figure, one unit of that layout is left and that is its price. Where it is wide, the difference is floor level and facing rather than the layout.
| Layout | Unit type | Price | Left |
|---|---|---|---|
| (2)a | 2 Bedroom | $1,839,000 | 3 of 76 |
| (2)b | 2 Bedroom Premium | On application | 0 of 78 |
| (3)a | 3 Bedroom | On application | 0 of 78 |
| (3)b | 3 Bedroom | On application | 0 of 39 |
| (3)c | 3 Bedroom Premium | On application | 0 of 39 |
| (3)d | 3 Bedroom Premium | On application | 0 of 38 |
| (4)a | 4 Bedroom | On application | 0 of 76 |
| (4)b | 4 Bedroom Premium | $3,935,000 | 0 of 38 |
Layouts
Penrith floor plans, and which of them you can still buy
Below: 8 layouts as filed for Penrith; 1 of them still has stock. The code under each plan is the one that appears on the price list.
With 3 units left the choice is between named units rather than between layouts, so treat these as a record of what the project offered rather than a menu.
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The site
Penrith site plan: where the blocks sit and what faces what
Penrith puts 462 units on 102,497 sq ft of land — 45.1 units for every 10,000 sq ft of site. High for Singapore, so check the distance between facing blocks on the plan before choosing a stack.
On the ground, the blocks are 70 and 72 Margaret Drive, filed as residential highrise. Locate your stack on the plan first, then check what is beyond the boundary: a drawing that ends at the fence cannot show you the road or the neighbour.
The facts
Penrith at a glance
| Developer | GuocoLand / Hong Leong Holdings / Hong Realty |
|---|---|
| Address | 70 , 72 Margaret Drive |
| District | D3 — Alexandra / Commonwealth |
| Region | Rest of Central Region |
| Tenure | 99 years lease commencing from 04/11/2024 |
| Completion | Apr 2031 |
| Site area | 9,522.3 m2 |
| Total units | 462 |
| Configuration | Residential Highrise |
| Units unsold | 3 |
| Price, units left | $1,788,000 – $1,794,000 |
| PSF, units left | $2,912 – $2,922 |
Penrith location map: MRT and schools nearby
The nearest MRT station to Penrith is Queenstown MRT, about 350 m in a straight line. 2 MOE primary schools sit within about 1 km of the site.
Nearest MRT and LRT stations
- Queenstown MRT350 m
- Redhill MRT1.2 km
- Commonwealth MRT1.3 km
- Napier MRT1.7 km
Primary schools within about 1 km
- 1Queenstown Primary School150 m
- 2New Town Primary School borderline, check OneMap1.0 km
Price
Is Penrith expensive for D3?
Today's range, $1,788,000 to $1,794,000 at $2,912 to $2,922 psf, covers only the units still unsold — the launch pricing was a different list.
Among the 3 projects selling in District 3, Penrith's $2,912 psf entry makes it the second-cheapest. The median there is $2,912. Cheaper on entry psf: Promenade Peak ($2,775). Entering higher: Zyon Grand ($3,065).
For a wider view, the new launch price list carries the same figures for every project still selling in Singapore.
My read
The honest read on Penrith
3 units remain at Penrith, across a single layout: (2)a (2 bedroom, 3 left, $1,839,000).
At this count you are not choosing between layouts, you are choosing between named units. Ask which floor and which facing each one is before you decide the layout matters — at the tail end, the stack usually matters more.
Check the lease clock, not just the label. Penrith's 99-year lease began in 2024; with completion in Apr 2031, about 7 years of it will have run before handover, so owners start with roughly 92 years.
This is the tail of the sales run, 99.4% sold with 3 units remain. Leftover units are sometimes perfectly good and simply mispriced for their stack; sometimes they face the road or the bin centre. Find out which before you fall for one.
Price-wise it sits inside the D3 pack — $2,912 psf against a $2,912 median — so the project number will not make the case for you. The unit will.
A 2031 completion means years of progressive payments before you can live in it or rent it out. Budget for that gap, not just the purchase price.
One detail in the numbers. The remaining units span only $2,912 to $2,922 psf, a band of about 0%. A range that tight usually means what is left is one or two layouts rather than a spread across the project, so expect the choice to be narrower than the unit count suggests.
3 units is not a selection. Ask me for the list of what they are before you spend a weekend at the showflat.
It suits you if
you know precisely what you want, it happens to be among the last 3, and you would rather buy now than wait for the next launch in D3.
Skip it if
you want a choice. With 3 units left you are choosing from what is there, not from what you want.
Compare
Other launches in District 3, and similar RCR projects
Prices, entry psf and units left as at 22 October 2026, from the same register as the figures above. Each name links to its own page.
| Project | From | Entry psf | Units left |
|---|---|---|---|
| Promenade Peak | $1,462,300 | $2,775 | 153 |
| Zyon Grand | $1,453,000 | $3,065 | 69 |
| The Orie | $1,467,000 | $2,676 | 33 |
| Nava Grove | $2,194,900 | $2,792 | 1 |
| Amber House | $1,943,084 | $2,896 | 59 |
| Meyer Blue | $3,551,000 | $2,983 | 44 |
| Former Tan Boon Liat Building | Not launched yet | ||
Same budget, different district
| Project | From | Entry psf | Units left |
|---|---|---|---|
| Hudson Place Residences | $1,723,000 | $2,468 | 74 |
| W Residences Marina View | $1,778,000 | $2,900 | 666 |
| Aurea | $1,787,900 | $2,664 | 115 |
Or see every RCR launch on the price list, with the same figures for all of them.
Gallery
Penrith renders: the project as drawn
All 6 of these are artist's impressions released by the developer, not photographs. They show the project as drawn rather than as built.
With completion years away, finishes and landscaping can still change. Use these for the shape and orientation of the blocks, not for the details.
The developer released some of these without a description, and I have left those uncaptioned rather than invent one.
Common questions
Penrith questions, answered plainly
As at 22 October 2026 the unsold units run from $1,788,000 to $1,794,000, at $2,912 to $2,922 psf. That is the range of what is still available, not the range the project launched at — once the cheapest units go, the bottom of the range rises without the developer changing a price.
3 of 462, so the project is 99.4% sold. That figure is from the PropNex register on 22 October 2026 and it moves. Message me for a live count before you commit to anything.
No. 3 units are still unsold as at 22 October 2026, though at 99.4% sold it is close.
It is 99-year leasehold, with the lease running from 2024. Of the 3 new launches still selling in D3, 0 are freehold or 999-year.
Expected 2031 on the register; the developer's record says Apr 2031. You buy off a plan and wait, with progressive payments through the build.
District 3, which covers Queenstown / Tiong Bahru, in the Rest of Central Region. 2 other launches are selling there too.
3 as at 22 October 2026: 3 × (2)a (2 bedroom, $1,839,000). At that count availability moves without notice, so treat this as the position on 22 October 2026 and ask me for today's.
Its entry psf is in line with the rest of D3, so the project-level number will not decide it for you. With 3 left you get no negotiation and little choice. Which unit matters more than which project, so send me the ones you are considering and I will give you my view on each.
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Prefer to talk now? WhatsApp VionaStill deciding between a new launch and a resale home? Read new launch vs resale, and use the new launch price list to compare every project still selling.
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