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S$ 1,817,000

S$ 2,959 psf
NEGO

Est. mortgage S$ 6,505/mo

Contact agent

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Agent photo

Carrie Chin

HUTTONS ASIA PTE. LTD.

CEA: L3008899K | R054005Z

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2 Bed Condo for Sale in Penrith

2 Beds

·

1 Bath

·

614 sqft

·

2029

·

99 yrs

EW 19
Queenstown MRT·5 mins (322m)
72 Margaret Drive 149927View on map
Alexandra / Commonwealth (D3)
NEW LAUNCH

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Property details

Price/sqft
S$ 2,959.28 psf
Built year
2029
Tenure
99-year leasehold
Property type
Condo
Last updated
5 days ago

Description

:: PENRITH (Margaret Drive GLS) :: Disclaimer: Price is indicative. Info is subject to change by developer without further notice. Based on recent new launch, the estimated indicative price could start from $24xx-$26xxpsf. GuocoLand, Hong Leong Holdings’ Intrepid Investments and Hong Leong Group’s Hong Realty submitted a top bid of $497 million or $1,154 psf per plot ratio (ppr) for a government land sale (GLS) site on Margaret Drive. The 102,498 sq ft, 99-year leasehold site The GLS site is also adjacent to SkyOasis @ Dawson, where a premium five-room flat of 1,195 sq ft was sold in June at the record-breaking price of $1.73 million ($1,444 psf). The last time a GLS site was launched along Margaret Drive was eight years ago. At the close of the tender in December 2016, 14 bids were received. MCL Land won the site with a bid of $238.4 million ($998 psf ppr). Why Margaret Drive? ✅ Nestled in the heart of Queenstown, Margaret Drive Residences stands as a testament to sophisticated urban living in one of Singapore’s most dynamic neighbourhoods ✅ With approximately 460 meticulously designed units, this residential enclave promises a lifestyle of convenience and luxury ✅ Boasting a location just minutes from the Queenstown MRT station and adjacent to the esteemed Queenstown Primary School, it offers unparalleled accessibility and proximity to essential amenities ✅ Developed by reputable developer - Guocoland-Hong Leong-JV Key Project Details • Developer: Guocoland & Hong Leong • Address: 70, 72 Margaret Drive • Tenure: 99 Years Leasehold • Site Area: Approx. 102,498 sqft • Plot ratio: 4.2 • No. of Units: 462 • No. of Levels: 40 • No. of Parking Lots: 81% • TOP: April 2031 • Unit Mix: 2 Bedroom to 4 Bedroom Receive first-hand info to receive e-brochure, floor plans, early bird price guide, booking day details. Contact Direct Developer Appointed Sales Team today! ☎️ Carrie Disclaimer: Photos are artist impressions and for illustration purpose only. Subject to final amendments 🤎 You May Also Like 🤎 Stirling Residences, Anchorage, Margaret Ville, Commonwealth Towers, Queens, Queens Peak, Principal Garden, The Interlace, The Crest, Artra, Alex Residences, The Metropolitan, The Anchorage, Alexis, Ascentia Sky, Ascentia Sky, Highline Residence, Central Green, Meraprime, Twin Regency, Regency Suites, The Regency @ Tiong Bahru, Casa Jervois, Jervois Grove, Jervois Prive, Mon Jervois, Jervois Regency, Dormer Park, Margaret Mansion, Jervoisville, Jervois Lodge, Petit Jervois, Jervois Treasures, One Jervois, Domain 21, Tanglin Regency, Tanglin View, Alessandrea, Emerald Park, Viz at Holland, Lush on Holland Hill, Hyll On Holland, Holland Residences, Leedon Green, D’Leedon, The Merasaga, Van Holland, One Holland Village Residences, The Merasaga,

Development overview

Development Image for Penrith
Unit types
2, 3, 4 BR
Total units
462
Built year
2029
Tenure
99 Years
Developer
Intrepid Investments Pte. Ltd., Hong Realty (Private) Limited and GuocoLand (Singapore) Pte. Ltd.
Neighbourhood

Property insights

Price Insights

This property costs 9% more than the avg. 2-bedroom for sale in District 3

Avg. price: S$ 1.65 M


Floor Area

This property is 12% smaller than the avg. 2-bedroom for sale in District 3

Avg. size: 700 sqft


Data shown is based on average prices and sizes of 2-bedroom for sale listings in District 3 listed on 99.co

Transaction history

Sale

Rent

All

Studio

1 BR

2 BR

3 BR

4 BR

5+ BR

Date sold
Block
Unit
Beds
PSF
Area (sqft)
Price sold
11/2025
72
#37-xx
2 BR
S$ 2,948
614
S$ 1.810M
11/2025
72
#33-xx
2 BR
S$ 2,900
678
S$ 1.966M
11/2025
72
#19-xx
2 BR
S$ 2,712
678
S$ 1.839M
11/2025
72
#28-xx
2 BR
S$ 2,799
678
S$ 1.898M
10/2025
72
#05-xx
2 BR
S$ 2,509
678
S$ 1.701M
10/2025
72
#1x-xx
2 BR
S$ 2,669
614
S$ 1.639M
10/2025
72
#2x-xx
2 BR
S$ 2,798
614
S$ 1.718M
10/2025
70
#2x-xx
2 BR
S$ 2,870
614
S$ 1.762M
10/2025
72
#0x-xx
2 BR
S$ 2,460
678
S$ 1.668M
10/2025
72
#0x-xx
2 BR
S$ 2,471
678
S$ 1.675M
10/2025
72
#0x-xx
2 BR
S$ 2,459
614
S$ 1.510M
10/2025
72
#0x-xx
2 BR
S$ 2,493
678
S$ 1.690M
10/2025
72
#0x-xx
2 BR
S$ 2,539
614
S$ 1.559M
10/2025
72
#0x-xx
2 BR
S$ 2,518
678
S$ 1.707M
10/2025
72
#0x-xx
2 BR
S$ 2,529
678
S$ 1.715M
10/2025
72
#0x-xx
2 BR
S$ 2,575
614
S$ 1.581M
10/2025
72
#0x-xx
2 BR
S$ 2,547
678
S$ 1.727M
10/2025
72
#0x-xx
2 BR
S$ 2,559
678
S$ 1.735M
10/2025
72
#1x-xx
2 BR
S$ 2,581
678
S$ 1.750M
10/2025
72
#1x-xx
2 BR
S$ 2,632
614
S$ 1.616M

Source: URA, Realis and 99.co

Price trends

Sale

Rent

2 BR

1M

3M

6M

1Y

5Y

10Y

No data available

Contact agent

Recommendedrecommended agent
Agent photo

Carrie Chin

HUTTONS ASIA PTE. LTD.

CEA: L3008899K | R054005Z

By continuing, you agree to 99.co's Terms and Conditions & Privacy Policy.

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Frequently Asked Questions

How do I view this apartment in Penrith?

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You can view this apartment in Penrith by clicking on the "Enquire" button. The agent will get in touch with you.

What is the price of this apartment in Penrith?

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The price of this apartment in Penrith is S$ 1,817,000.

What is the $PSF of this apartment in Penrith?

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The $PSF of this apartment in Penrith is S$ 2,959 psf.

What is the size of this apartment in Penrith?

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The size of this apartment in Penrith is 614 sqft.

When was this apartment in Penrith built?

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This apartment in Penrith was built in 2029.

What is the tenure of this apartment in Penrith?

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This apartment in Penrith is a 99 years project.

What is the nearest MRT station to this apartment in Penrith?

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The nearest MRT station to this apartment in Penrith is Queenstown MRT.

Which schools are located near this apartment in Penrith?

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The schools near this apartment in Penrith are Queenstown Primary School, Queenstown Primary School, Rainbow Centre, Blue House Kay Siang and Children's Cove Preschool.
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