What buyers should know
A project worth comparing on current availability, layout efficiency and its entry price relative to nearby resale and newer competing supply.
Project overview
Penrith is a 462-home 99-year leasehold development in Margaret Drive. Its core proposition rests on the relationship between entry price, daily connectivity and the depth of future owner-occupier demand in D03.
Life around Margaret Drive
Margaret Drive sits between long-established Queenstown neighbourhood life and newer city-fringe connections. Penrith would let residents keep familiar food, markets and everyday services close while enjoying a more central west-side base.
Who should shortlist it
Penrith is a potential fit for buyers seeking a Margaret Drive base with access to the city fringe while retaining a residential neighbourhood feel.
Where the decision gets harder
Compare the 462 homes with nearby Queenstown resale and other District 3 launches. Unit orientation, road exposure and the final price will decide how convincing that location is.
- Margaret Drive location
- 462-home project scale
- Developed by Hong Leong, Hong Realty & GuocoLand
- Compare Margaret Drive pricing with completed Queenstown homes and other District 3 launches.
- Check street-facing exposure, stack privacy and actual room dimensions.
- Time the daily route to the transport and amenities your household would use.
Key highlights
- Margaret Drive location
- 462-home project scale
- Developed by Hong Leong, Hong Realty & GuocoLand
- 462 homes with unit mix varies
- 99-year leasehold site in Margaret Drive, D03
Developed by Hong Leong, Hong Realty & GuocoLand
Penrith is developed by Hong Leong, Hong Realty & GuocoLand. Buyers should review the developer’s completed-project record, delivery history and the specifications contained in the official Sale and Purchase documentation.
See the immediate neighbourhood
Project information and pricing are indicative and may change. Verify the latest developer-issued brochure, price list, floor plans and legal documents before making a purchase decision.