What is the price of Penrith?

Penrith is priced from $1.79M ($2,912 psf) on the developer's current price list as of 4 Nov 2026. Figures are indicative and move with each price-list refresh; confirm current pricing before relying on it.

How many units are left at Penrith?

4 units remain available of 462 (99% sold) as of 4 Nov 2026. Balance moves with every price-list refresh, so check before a viewing.

How much is a 2-bedroom at Penrith?

On the developer's price list as of 4 Nov 2026, the 2-bedroom homes at Penrith (614 sq ft) are priced from $1.79M to $1.80M, from $2,912 psf, with 4 of 154 still available. Floor plans and the stacks with each layout are at tribesg.com/unit-selector/penrith. Prices are indicative and move with each price-list refresh.

What is Penrith's TRIBE New Project Scorecard grade?

Penrith scores 7.7 out of 10 on the TRIBE New Project Scorecard, Grade A. Its strongest factor is Capital Appreciation (8.1/10) and its weakest is School (6.8/10); scores updated 4 Nov 2026. NPS grades project-level fundamentals — capital appreciation, schools, project size, MRT access and rental growth, weighted by district — not a specific unit or its asking price.

Is Penrith freehold or leasehold?

Penrith is a 99YR leasehold project: the lease runs from the date the land was granted, and the years remaining are one of the things resale buyers, valuers and banks take into account over the long run. Compare it with a freehold home only on the same size, location and age.

How far is Penrith from the MRT?

Penrith is about 0.37 km from Queenstown (EW19), roughly 5 minutes on foot (walking route from the development's gate to the nearest station exit).

Which primary schools are within 1 km of Penrith?

2 primary schools are within 1 km of Penrith on OneMap School Query: Queenstown Primary School (0.02 km), New Town Primary School (0.96 km). Schools within 1 km are OneMap School Query's answer for this project's address (MOE's Primary 1 measure, from the school's land boundary to the building), checked 24 Oct 2026. The distance beside each school is to its boundary from the nearest block. Living within 1 km does not guarantee a place: at oversubscribed schools even the within-1 km group balloted in Phase 2C.

Who is the developer of Penrith?

Penrith is developed by Hong Leong Holdings, Hong Realty & GuocoLand in D3, 70-72 Margaret Drive, Queenstown, with 462 units in total.

Artist's impression · Hong Leong Holdings, Hong Realty & GuocoLand

D3Open for sale

Penrith

D3 · 70-72 Margaret Drive, Queenstown

Price from$1.79M$2,912 psf

99YR462 unitsQueenstown MRTNPS grade A · 7.7/10

View all 5 impressions

First private residential launch in Queenstown since 2018, two 40-storey towers on Margaret Drive within 5 min of Queenstown MRT; previewed Oct 2025.

Gallery

5 artist's impressions from the developer.

Artist's impressions: Hong Leong Holdings, Hong Realty & GuocoLand, from the developer's marketing material for Penrith as supplied to its appointed agents. Subject to change.

Price by bedroom · price list as of 4 Nov 2026

2-bedroom · 614 sq ft: $1.79M to $1.80M; from $2,912 psf · 4 left

2-bed3-bed4-bed

Penrith Unit Selector

All 12 stacks in 3D on the real map: each home’s facing, view and hours of sun, with its floor plan.

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Unit mix & balance


2BR	614	76	$1.79M – $1.80M	$2,912 psf	4
2BR	678	78	—	—	Sold out
3BR	786	78	—	—	Sold out
3BR	850	39	—	—	Sold out
3BR	936	39	—	—	Sold out
3BR	1066	38	—	—	Sold out
4BR	1173	76	—	—	Sold out
4BR	1281	38	—	—	Sold out

Sizes are indicative; pricing and current balance units confirmed on enquiry.

Interested in Penrith?

Leave your details. A TRIBE consultant will WhatsApp you the units still available, current prices and floor plans.

Project facts

Developer: Hong Leong Holdings, Hong Realty & GuocoLand
Tenure: 99YR
Expected TOP: —
Total units: 462
Land cost: $1,154 psf ppr · Aug 2024 · 2 bids
Nearest MRT: Queenstown MRT
Distance to MRT: 0.37 km · ~5 min walk · Queenstown (EW19)
Primary schools within 1 km: 2 within 1 km · OneMapQueenstown Primary School (0.02 km) · PR ballot ’25New Town Primary School (0.96 km) · no ballot ’25Schools within 1 km are OneMap School Query's answer for this project's address (MOE's Primary 1 measure, from the school's land boundary to the building), checked 24 Oct 2026. The distance beside each school is to its boundary from the nearest block.
Availability: 4 units · 99% sold (as of 2026-11-04)

📍 View on map

Pricing and balance units are indicative, compiled from developer price lists and updated periodically (see the “as of” date). Figures change frequently — confirm current pricing and availability with us before relying on them. Not an offer or contract. Land cost is the winning tender bid per sq ft of permitted floor area (Squarefoot land sales, checked 17 Oct 2026).

Why new over resale?

The lowest price here, $2,912 psf, is ~22% above the City Fringe (RCR) condo median of $2,382 psf; the step-up buys a lease starting at year zero, plus a new build and 12 months of defect coverage from the developer.

City Fringe (RCR) median: $2,382 psf, the median of 1,074 caveats lodged for non-landed private homes in the City Fringe (RCR) region, all sale types (new sale, sub-sale and resale), Apr to 24 Jun 2026, from Huttons' export of URA Realis caveats read 24 Jun 2026. The same caveats are searchable on URA's transaction search.

The honest trade: this launched a while back, and these are the balance units — sometimes that's about the stacks, sometimes it's just price, and developer price can move. Ask us which it is here.

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Penrith: frequently asked questions

Answers generated from the directory data on this page, price list as of 4 Nov 2026, scores updated 4 Nov 2026.

What is the price of Penrith?: Penrith is priced from $1.79M ($2,912 psf) on the developer's current price list as of 4 Nov 2026. Figures are indicative and move with each price-list refresh; confirm current pricing before relying on it.
How many units are left at Penrith?: 4 units remain available of 462 (99% sold) as of 4 Nov 2026. Balance moves with every price-list refresh, so check before a viewing.
How much is a 2-bedroom at Penrith?: On the developer's price list as of 4 Nov 2026, the 2-bedroom homes at Penrith (614 sq ft) are priced from $1.79M to $1.80M, from $2,912 psf, with 4 of 154 still available. Floor plans and the stacks with each layout are at tribesg.com/unit-selector/penrith. Prices are indicative and move with each price-list refresh.
What is Penrith's TRIBE New Project Scorecard grade?: Penrith scores 7.7 out of 10 on the TRIBE New Project Scorecard, Grade A. Its strongest factor is Capital Appreciation (8.1/10) and its weakest is School (6.8/10); scores updated 4 Nov 2026. NPS grades project-level fundamentals — capital appreciation, schools, project size, MRT access and rental growth, weighted by district — not a specific unit or its asking price.
Is Penrith freehold or leasehold?: Penrith is a 99YR leasehold project: the lease runs from the date the land was granted, and the years remaining are one of the things resale buyers, valuers and banks take into account over the long run. Compare it with a freehold home only on the same size, location and age.
How far is Penrith from the MRT?: Penrith is about 0.37 km from Queenstown (EW19), roughly 5 minutes on foot (walking route from the development's gate to the nearest station exit).
Which primary schools are within 1 km of Penrith?: 2 primary schools are within 1 km of Penrith on OneMap School Query: Queenstown Primary School (0.02 km), New Town Primary School (0.96 km). Schools within 1 km are OneMap School Query's answer for this project's address (MOE's Primary 1 measure, from the school's land boundary to the building), checked 24 Oct 2026. The distance beside each school is to its boundary from the nearest block. Living within 1 km does not guarantee a place: at oversubscribed schools even the within-1 km group balloted in Phase 2C.
Who is the developer of Penrith?: Penrith is developed by Hong Leong Holdings, Hong Realty & GuocoLand in D3, 70-72 Margaret Drive, Queenstown, with 462 units in total.

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