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Penrith

Penrith

New Launch

District 03 | Margaret Drive

Developed by Hong Leong Holdings Limited

Tenure
Leasehold
Est. TOP
Q1 2029
Total units
462
Unit mix
On request
Compare projects
Units & pricesPrice psfProject factsLocationTransactionsFAQs

Unit mix

Unit typeN/AOn request
Unit typeN/AOn request
Unit typeN/AOn request
Unit typeN/AOn request
Unit typeN/AOn request

Price range

Unit typeFrom $1.50M
Unit typeFrom $1.67M
Unit typeFrom $1.97M
Unit typeOn request
Unit typeFrom $3.08M
Projects›PENRITH

Projects analysis

PENRITH

D03 · MARGARET DRIVE

OverviewPrice psfUnit mixLaunch timelineComparablesKai insightLocationTransactions

Median price

S$2,793 psf

+8.4% vs last 6m

Avg. price

S$2,795 psf

Volume (6m)

449 units

Take-up rate

N/A

Units sold

449 records

Price psf trend

Latest project transactions

+8.4%
$3,062$2,928$2,793Oct 2025Jan 2026

Unit mix

No data

No unit mix data available.

Launch timeline

First recordOct 2025
Latest saleJan 2026
CompletionTBA
TenureCheck title

Comparable projects

ALESSANDREAD03PrivateALEXISD03PrivateALEX RESIDENCESD03PrivateARTRAD03Private

Kai insight

Positive

PENRITH shows positive PSF movement of 8.4% across the available transaction window, with 449 recorded sales. Average pricing is S$2,795 psf.

Active resale dataDistrict context
View all Kai analysis

Project facts

Address
Margaret Drive
Tenure
Leasehold
Completion
2029-03-31T16:00:00+00:00
Total units
462
Developer
Hong Leong Holdings Limited

Site plan

PENRITH site plan

Facilities

Arrival CourtGarden AlcoveScented Garden AlcoveTranquility PatioIris Lounge3-Generation Fitness ZoneAdult Fitness ZoneRecreation PlazaRolling LawnSplash PoolPool Pavilion with BBQChildren’s Playground

Location amenities

Transport

0

No nearby data yet.

Education

0

No nearby data yet.

Convenience

0

No nearby data yet.

Buyer costs

Median price

$2,319,000

Based on project transactions

Buyer's Stamp Duty

$100,200

Before ABSD profile changes

Down payment

$653,000

25% estimate

Monthly payment

$9,807/mo

25-year loan at 3.5%

Median rent

No rental data

Based on active rentals

Gross yield

Insufficient data

Annual rent over median price

Recent transactions

449 transaction records

Sales (449)

Jan 2026

Apartment · 70 MARGARET DRIVE #34-03

$3,878,000 · $3,028 psf

Dec 2025

Apartment · 70 MARGARET DRIVE #38-03

$3,922,000 · $3,062 psf

Nov 2025

Apartment · 72 MARGARET DRIVE #37-10

$1,810,000 · $2,950 psf

Nov 2025

Apartment · 72 MARGARET DRIVE #33-07

$1,966,000 · $2,899 psf

Nov 2025

Apartment · 72 MARGARET DRIVE #08-09

$2,896,000 · $2,718 psf

Nov 2025

Apartment · 72 MARGARET DRIVE #24-09

$3,068,000 · $2,879 psf

Nov 2025

Apartment · 72 MARGARET DRIVE #19-08

$2,328,000 · $2,738 psf

Nov 2025

Apartment · 72 MARGARET DRIVE #19-07

$1,839,000 · $2,712 psf

Rentals (0)

No transaction data available.

Market review

PENRITH is a 99-year leasehold apartment located in District 3, which covers the Queenstown and Tiong Bahru areas. The project has a recorded median price of $2,612,000, with unit prices ranging from $2,700 to $3,062 per square foot.

AI-generated analysis based on available market data. Last updated May 2026.

Frequently asked questions

What is the median transaction price at PENRITH?

The median price for units at PENRITH is $2,612,000. This figure is based on a total transaction count of 434 units.

What is the PSF range for recent transactions?

Transactions at PENRITH have occurred within a PSF range of $2,700 to $3,062. The median PSF for the development stands at $2,792.372.

How much do the smaller 678 sqft units cost?

In November 2025, two 678 sqft units were sold for $1,839,000 and $1,966,000. These prices reflect PSF values of $2,712 and $2,899 respectively.

What are the price points for 1,066 sqft units?

Recent transactions for 1,066 sqft units include one at $2,896,000 ($2,718 psf) and another at $3,068,000 ($2,879 psf). Both of these sales were recorded in November 2025.

What was the highest price recorded in the recent data?

The highest price among recent transactions was $3,922,000 for a 1,281 sqft unit on 1 December 2025. This transaction achieved a PSF rate of $3,062.

What is the tenure and location of PENRITH?

PENRITH is a 99-year leasehold apartment property. It is situated in District 3, serving the Queenstown and Tiong Bahru residential areas.