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Penrith
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

New Project Scorecard

Scores updated 23 Oct 2026
A
7.7 / 10
weighted score · TRIBE NPS

Penrith grades A on the TRIBE New Project Scorecard — 7.7/10 across 5 district-weighted factors. Strongest: Capital Appreciation (8.1/10). Weakest: School (6.8/10).

Capital Appreciation (30%)
8.1

Resale homes within 1km appreciated ~3.5%/yr over the past decade (same-property resale basis — strips out new-launch price inflation). Lifted +1.06 for this project's size, transport and schools.

School (20%)
6.8

2 primary schools within 1km. Best: Queenstown Primary School (0.13km, balanced) — good school access.

  • Queenstown Primary School
  • New Town Primary School
Project Size (18%)
8.0

462 units — ideal scale for liquidity and facilities without crowding.

MRT Proximity (18%)
8.0

0.37km walk to Queenstown MRT (Exit B).

Rental Growth (14%)
7.7

District D3 rents grew ~7.1%/yr over the decade — strong rental momentum (scored on an absolute scale: ~2.5%/yr=0, ~8.5%/yr=10).

Grades are free to read for every active new launch. The holding-period model and the like-for-like comparison against resale within 1 km are run with a TRIBE consultant — open the New Project Scorecard.

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