Canberra Crescent Residences

Penrith

By GuocoLand and Hong Leong Holdings

City-Fringe Living at Margaret Drive

Penrith is an exciting new launch at Margaret Drive, jointly developed by GuocoLand and Hong Leong Holdings, two of Singapore’s most established developers renowned for delivering landmark residences. Rising 40 storeys high across two iconic towers, Penrith will introduce 462 exclusive homes to the heart of Queenstown – one of Singapore’s most desirable and well-connected city-fringe locations.

Offering a range of 2- to 4-bedroom layouts, each apartment at Penrith has been thoughtfully crafted with efficient space planning, premium finishes, and quality fittings from renowned brands such as Electrolux, Roca, Graff, and Franke. The residences are complemented by digital locks, smart home provisions, and sustainable design features, achieving the BCA Green Mark Platinum Super Low Energy (Provisional) certification.

Residents will be immersed in more than 40 lifestyle facilities designed for recreation and wellness. Highlights include a 50m swimming pool, spa alcoves, clubhouse with function rooms and gym, tennis court, children’s splash pool and playground, and even an integrated Early Childhood Development Centre (ECDC). On the rooftop, sky gardens offer yoga lawns, hammock decks, stargazing terraces, and alfresco dining pavilions – creating spaces to relax and connect against panoramic views of the city.

Strategically located in Queenstown, Penrith enjoys seamless connectivity via nearby MRT stations and major expressways. Daily conveniences such as shopping malls, reputable schools, and healthcare facilities are all within easy reach. At the same time, residents can retreat to lush landscaped gardens, themed trails, and tranquil pavilions within the development – blending urban convenience with natural serenity.

Slated for completion in 2029, Penrith stands as a rare opportunity to own a premium home in the city fringe, backed by the trusted quality of GuocoLand and Hong Leong.

Project Details

Project Name
Penrith
Property Type
Private Condominium
Project Description
Proposed Residential Housing Development Comprising 2 Blocks Of 40-Storey Apartments (Total: 462 Units) and Rooftop Garden With 1 Basement Carpark, 2-Storey MSCP, Communal Facilities and Early Childhood Development Centre at MK03 on lot 05803T, Margaret Drive.
Developer
GuocoLand and Hong Leong Holdings
Address
70 Margaret Drive, Singapore 149926
72 Margaret Drive, Singapore 149927
District
District 3
Tenure
Leasehold 99 lease years commencing from 11 April 2024
No. Of Residential Units
462 Units
No. of Carpark Lots
Total 376 carpark lots:
228 lots for residential
116 Bicycle Lots
Expected TOP
01 April 2034
Available Bedroom Type
2BR to 4BR Premium units

Price & Availability

Be among the first to access Penrith’s exclusive pricing. Book your private appointment today and secure your spot in one of Singapore’s newest luxury condo launches in District 3.

Location & Nearby Amenities

Penrith at Margaret Drive enjoys one of the most coveted addresses in Queenstown, a vibrant and well-established city-fringe estate in Singapore. Just minutes from the CBD, Orchard Road, and the One-North innovation hub, residents are perfectly positioned between work, leisure, and lifestyle destinations.

With Queenstown MRT and Commonwealth MRT stations nearby, daily commuting is seamless, offering direct access across the island. Major expressways like AYE and PIE also ensure smooth connectivity by car.

Everyday conveniences are right at your doorstep. Anchorpoint Shopping Centre, Queensway Shopping Centre, and IKEA Alexandra are just a short stroll away, while larger malls such as VivoCity, Great World, and Orchard Road’s retail belt are within quick reach. For daily essentials, Dawson Place and Mei Ling Market & Food Centre provide an excellent mix of supermarkets, eateries, and local fare.

Families will appreciate the proximity to reputable schools and educational institutions, including Crescent Girls’ School, Queenstown Secondary, Anglo-Chinese School (Independent), and Singapore Polytechnic. Top healthcare facilities such as Alexandra Hospital, Gleneagles Hospital, and the National University Hospital are also nearby, providing peace of mind for residents.

Beyond urban convenience, Penrith offers easy access to lush green spaces. Residents can enjoy morning jogs or evening strolls along the Rail Corridor, Alexandra Canal Linear Park, and Singapore Botanic Gardens – blending the best of nature with city living.

This rare combination of accessibility, lifestyle amenities, and greenery makes Penrith at Margaret Drive an ideal home for those seeking both modern convenience and a well-rounded living environment.

Site Plan

Site plan of Arina East Residences, a luxury freehold condo in Marina East, Singapore, showing 1st and 2nd storey layouts with 2 blocks, swimming pool, sky terraces, carpark, and communal facilities at Tanjong Rhu Road.

Floor Plan

Penrith offers a wide selection of floor plans tailored to meet the needs of diverse homeowners, from young professionals and couples to growing families and multi-generational households. Rising across two elegant 40-storey towers, the development features 462 exclusive units with efficient layouts, premium finishes, and functional space planning.

Whether you’re seeking a stylish starter home or a spacious family residence, Penrith’s floor plans are designed to adapt to different lifestyles while offering flexibility, comfort, and a sense of exclusivity.

Photo Gallery

For buyers considering Penrith at Margaret Drive, the gallery and artist’s impressions offer an inspiring preview of what life in this landmark residence will look like. These visuals are carefully curated to capture the essence of the development’s design, atmosphere, and lifestyle offerings.

While artist’s impressions are conceptual, they give buyers confidence in the quality, design ethos, and lifestyle that GuocoLand and Hong Leong are renowned for delivering. These visualizations offer a clear picture of how spaces flow, how residents will interact with amenities, and how everyday life at Penrith will feel—modern, connected, and elevated.

FAQs

1. Where is Penrith located?

Penrith is situated in the heart of Queenstown, one of Singapore’s most desirable and well-connected city-fringe locations. It enjoys proximity to Queenstown and Commonwealth MRT stations, major expressways such as the AYE and PIE, and lifestyle destinations like Orchard Road, VivoCity, and One-North.

2. What types of units are available at Penrith?

The development offers a wide range of layouts, from 2-bedroom units suited for couples and investors, to larger 3- and 4-bedroom apartments designed for families and multi-generational living. Each home is thoughtfully planned with efficient layouts, premium finishes, and smart home provisions.

3. What facilities are available for residents?

Penrith provides more than 40 lifestyle facilities, including a 50m swimming pool, spa alcoves, tennis court, children’s splash pool, and clubhouse with a gym and function rooms. Rooftop sky gardens feature yoga lawns, stargazing decks, and alfresco dining pavilions. The development even includes an integrated Early Childhood Development Centre (ECDC).

4. Are there schools and amenities nearby?

Yes, residents enjoy easy access to reputable schools like Crescent Girls’ School, Anglo-Chinese School (Independent), and Singapore Polytechnic. Shopping and dining options are abundant, with Anchorpoint, IKEA Alexandra, and Queensway Shopping Centre nearby. Healthcare facilities such as Alexandra Hospital and National University Hospital are also within easy reach.

5. Is Penrith a good investment?

Yes, given its city-fringe location, trusted developers, strong connectivity, and quality finishes, Penrith presents a rare opportunity for both homeowners and investors. Its proximity to CBD, Orchard Road, and One-North ensures strong rental demand and long-term capital appreciation.