Homy

Condominium Project Intelligence

PENRITH

MARGARET DRIVE
District 3TOP 202999 yrs lease commencing from 2024462 UnitsRCR
350 mQUEENSTOWN MRT STATION
$2.32MMedian transacted price
452Transactions in latest 12 months
781–1,000 sqftMost popular unit size

Market Snapshot

▼ -54.5%
From 12-Month High
Peak: Mar 2026Based on latest 12 months
At Low
At 12-Month Low
Low: May 2026Based on latest 12 months
▲ +25.4%
Vs District Median PSF
Above District 3 medianBased on latest 12 months
▲ +58.0%
Vs RCR Median PSF
Above RCR medianBased on latest 12 months
97.8%
12M Turnover Rate
452 sales / 462 units
Latest 12-month sales
452
Up to latest completed Month
Median transacted price
$2.32M
Latest 12 months
Median PSF
$2,794
Latest 12 months
Typical recorded price range
$1.81M – $3.26M
20th to 80th percentile
Latest transacted price
$1.79M
614 sqft · 1 May 2026

Historical transaction information is presented for market research and does not constitute a valuation or investment recommendation.

Data Source: Urban Redevelopment Authority (URA)Data up to: July 2026Last updated: 4 Aug 2026

Location Map

Explore the development in detail with interactive maps. Switch between OneMap, Satellite, Land Lot and URA Master Plan to better understand the development and its surroundings.

Nearby Amenities

Closest amenities from PENRITH. Distances are straight-line estimates.

MRT / LRT

  • QUEENSTOWN MRT STATION350 mCOMMONWEALTH AVENUE
  • REDHILL MRT STATION1.1 kmTIONG BAHRU ROAD
  • COMMONWEALTH MRT STATION1.4 kmCOMMONWEALTH AVENUE

Primary Schools

  • QUEENSTOWN PRIMARY SCHOOL100 mMARGARET DRIVE
  • NEW TOWN PRIMARY SCHOOL1.1 kmTANGLIN HALT ROAD
  • GAN ENG SENG PRIMARY SCHOOL1.4 kmREDHILL CLOSE
  • ALEXANDRA PRIMARY SCHOOL1.8 kmPRINCE CHARLES CRESCENT

Secondary Schools

  • QUEENSTOWN SECONDARY SCHOOL570 mSTRATHMORE ROAD
  • QUEENSWAY SECONDARY SCHOOL860 mMARGARET DRIVE
  • CRESCENT GIRLS' SCHOOL1.0 kmTANGLIN ROAD
  • BUKIT MERAH SECONDARY SCHOOL1.3 kmLENGKOK BAHRU

Post-Secondary

  • ANGLO-CHINESE JUNIOR COLLEGE2.7 kmDOVER CLOSE EAST
  • ANGLO-CHINESE SCHOOL (INDEPENDENT)3.2 kmDOVER ROAD
  • HWA CHONG INSTITUTION3.3 kmBUKIT TIMAH ROAD

MOE Kindergartens

  • MOE KINDERGARTEN @ ALEXANDRA1.8 kmPRINCE CHARLES CRESCENT

Hawker Centres

  • Margaret Drive Hawker Centre480 mMargaret Drive
  • Mei Chin Road Blk 159 (Mei Chin Road Market)730 mMei Chin Road
  • Jalan Bukit Merah Blk 6 (ABC Brickworks Market/Food Centre)1.0 kmJalan Bukit Merah

Hospitals

  • ALEXANDRA HOSPITAL1.5 kmALEXANDRA ROAD
  • GLENEAGLES HOSPITAL1.7 kmNAPIER ROAD

Parks

  • CAMP ROAD INTERIM PARK1.3 km
  • SBG LC ZONE 1 (TNC)1.7 km
  • TIONG BAHRU PK1.9 km

Libraries

  • Queenstown Library460 mMargaret Drive
  • Singapore Botanic Gardens' Library1.7 kmCluny Road

Community Clubs

  • Queenstown CC890 mCommonwealth Avenue
  • Leng Kee CC950 mLengkok Bahru

Sport Facilities

  • Queenstown Sport Centre710 mStirling Road
  • ActiveSG Gym@Enabling Village1.2 kmLengkok Bahru
  • Delta Sport Centre1.5 kmTiong Bahru Road

Market Position & Nearby Transactions

How PENRITH compares with District 3 projects and transactions recorded within 1 km over the latest 12 months.

Project Median PSF$2,794452 project sales
District 3 Median PSF$2,228Median across district projects with recorded sales
Difference vs District+25.4%Above district median
Transactions Within 1 km186Recorded in the latest 12 months

Position Within District 3

PENRITH is more affordable than 10% of District 3 projects with recorded sales.
Lower PSFDistrict medianHigher PSF
36of 40 District 3 projects with recorded sales
District reference range$1,818 – $2,805 psf

Comparable Condos Within 1 km

Up to 20 nearest eligible condominium and EC projects. PSF (M) means median PSF for the latest 12 months.

12 projects
ProjectDistanceTOP / AgeUnits12M SalesPSF (M)
QUEENS PEAK291 m20206 yrs old73639$2,242
COMMONWEALTH TOWERS299 m201016 yrs old84541$2,309
QUEENS466 m10$1,824
SHEPHERD'S HILL ESTATE628 m2$2,535
MARGARET VILLE759 m20215 yrs old30921$2,275
PEIRCE VILLAS768 m199729 yrs old0
THE ANCHORAGE780 m199729 yrs old8$2,012
JERVOIS MEADOWS892 m0
ALEXIS911 m201214 yrs old29315$1,870
TANGLIN REGENCY928 m9$1,717
THE METROPOLITAN CONDOMINIUM992 m38213$1,971
ECHELON995 m201610 yrs old50828$2,215

Nearby Transactions by Unit Size

Transactions from eligible condominium and EC projects within 1 km during the latest 12 months.

<500 sqft Nearby Average Price Trend

<500 sqft Nearby Transaction Volume

<500 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-072$997.5K$945K$1.05M$2,155
2026-064$1.02M$965K$1.08M$2,242
2026-052$1.01M$945K$1.08M$2,216
2026-046$947.3K$768K$1.02M$2,188
2026-036$896.7K$780K$1.05M$2,059
2026-022$1.03M$1.02M$1.03M$2,216
2026-013$912K$788K$1M$2,114
2025-123$953.3K$925K$980K$2,131
2025-113$943.7K$915K$968K$2,071
2025-103$916.7K$780K$1M$2,182
2025-096$935K$800K$968K$2,146
2025-084$969.5K$905K$1.06M$2,096
<500 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
COMMONWEALTH TOWERSCondo84517$975.8K$2,128
QUEENS PEAKCondo73615$985.7K$2,216
ALEXISApt2937$785.1K$1,990
ECHELONCondo5084$1M$2,217
MARGARET VILLEApt3091$1M$2,161

500–780 sqft Nearby Average Price Trend

500–780 sqft Nearby Transaction Volume

500–780 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-074$1.55M$1.09M$1.8M$2,143
2026-067$1.51M$980K$1.73M$2,177
2026-051$1.64M$1.64M$1.64M$2,341
2026-046$1.56M$1.07M$1.74M$2,194
2026-033$1.34M$978K$1.56M$2,069
2026-021$1.62M$1.62M$1.62M$2,213
2026-018$1.45M$960K$1.78M$2,117
2025-122$1.51M$1.48M$1.53M$2,075
2025-114$1.7M$1.64M$1.78M$2,323
2025-104$1.45M$930K$1.68M$2,124
2025-093$1.65M$1.61M$1.68M$2,325
2025-083$1.33M$1.11M$1.67M$2,221
500–780 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
ECHELONCondo50813$1.64M$2,240
COMMONWEALTH TOWERSCondo84512$1.69M$2,352
MARGARET VILLEApt3097$1.39M$2,175
ALEXISApt2936$1M$1,766
QUEENS PEAKCondo7366$1.58M$2,191
TANGLIN REGENCYCondo1$1.34M$1,883
THE METROPOLITAN CONDOMINIUMCondo3821$1.48M$2,056

781–1,000 sqft Nearby Average Price Trend

781–1,000 sqft Nearby Transaction Volume

781–1,000 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-074$1.71M$1.4M$1.99M$1,957
2026-062$1.84M$1.58M$2.1M$1,987
2026-053$2.27M$2.14M$2.37M$2,491
2026-045$1.77M$1.26M$2.4M$1,956
2026-032$2.13M$2.03M$2.23M$2,394
2026-023$1.89M$1.82M$1.99M$2,218
2026-011$2.02M$2.02M$2.02M$2,405
2025-123$2.02M$1.9M$2.25M$2,352
2025-113$1.64M$1.39M$1.99M$1,987
2025-106$1.78M$1.4M$2.35M$2,002
2025-097$1.9M$1.58M$2.17M$2,215
2025-085$1.95M$1.42M$2.16M$2,196
781–1,000 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
QUEENS PEAKCondo73612$1.98M$2,294
MARGARET VILLEApt30911$2.13M$2,366
TANGLIN REGENCYCondo6$1.46M$1,635
COMMONWEALTH TOWERSCondo8455$2.08M$2,354
ECHELONCondo5084$1.96M$2,275
ALEXISApt2932$1.33M$1,550
QUEENSCondo2$1.58M$1,729
THE METROPOLITAN CONDOMINIUMCondo3822$1.47M$1,812

1,001–1,200 sqft Nearby Average Price Trend

1,001–1,200 sqft Nearby Transaction Volume

1,001–1,200 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-073$2.2M$2.08M$2.3M$2,178
2026-062$2.46M$2.34M$2.58M$2,391
2026-053$2.17M$2M$2.33M$1,946
2026-025$2.39M$2M$2.71M$2,252
2026-012$2.23M$2.14M$2.32M$2,060
2025-122$2.54M$2.38M$2.7M$2,259
2025-111$2.6M$2.6M$2.6M$2,196
2025-101$2.28M$2.28M$2.28M$1,926
2025-091$2.49M$2.49M$2.49M$2,410
2025-083$2.51M$2.2M$2.73M$2,261
1,001–1,200 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
COMMONWEALTH TOWERSCondo8457$2.63M$2,485
QUEENSCondo7$2.24M$1,887
ECHELONCondo5083$2.24M$2,234
QUEENS PEAKCondo7363$2.33M$2,325
THE METROPOLITAN CONDOMINIUMCondo3822$2.04M$1,945
MARGARET VILLEApt3091$2.6M$2,196

1,201–1,500 sqft Nearby Average Price Trend

1,201–1,500 sqft Nearby Transaction Volume

1,201–1,500 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-061$3.02M$3.02M$3.02M$2,048
2026-042$2.85M$2.76M$2.95M$1,986
2026-023$2.96M$2.91M$3M$2,089
2025-122$2.66M$2.44M$2.88M$2,026
2025-112$2.36M$2.22M$2.5M$1,753
2025-101$2.9M$2.9M$2.9M$1,981
2025-093$2.42M$2.2M$2.62M$1,785
1,201–1,500 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
THE METROPOLITAN CONDOMINIUMCondo3826$2.79M$1,999
ECHELONCondo5082$2.99M$2,024
TANGLIN REGENCYCondo2$2.21M$1,711
THE ANCHORAGECondo2$2.68M$2,006
MARGARET VILLEApt3091$2.9M$1,981
QUEENSCondo1$2.43M$1,723

1,501–2,000 sqft Nearby Average Price Trend

1,501–2,000 sqft Nearby Transaction Volume

1,501–2,000 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-071$2.93M$2.93M$2.93M$1,827
2026-062$3.25M$3.15M$3.35M$2,157
2026-051$3.32M$3.32M$3.32M$2,203
2026-041$3.66M$3.66M$3.66M$2,000
2026-021$3.48M$3.48M$3.48M$2,309
2026-011$3.38M$3.38M$3.38M$2,151
2025-092$3.27M$3.08M$3.46M$2,170
2025-083$3.31M$3.28M$3.37M$1,969
1,501–2,000 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
THE ANCHORAGECondo5$3.23M$2,033
QUEENS PEAKCondo7363$3.43M$2,276
ECHELONCondo5082$3.33M$2,119
THE METROPOLITAN CONDOMINIUMCondo3822$3.32M$1,911

2,001–3,000 sqft Nearby Average Price Trend

2,001–3,000 sqft Nearby Transaction Volume

2,001–3,000 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2025-101$4.1M$4.1M$4.1M$1,963
2,001–3,000 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
THE ANCHORAGECondo1$4.1M$1,963

>3,000 sqft Nearby Average Price Trend

>3,000 sqft Nearby Transaction Volume

>3,000 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2025-111$15.08M$15.08M$15.08M$2,925
2025-101$12M$12M$12M$2,145
>3,000 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
SHEPHERD'S HILL ESTATEDetached House2$13.54M$2,535
i

Market Interpretation

PENRITH recorded 452 transactions during the latest 12 months, providing a more useful recent basis for comparison.

Its median PSF is approximately 25.4% above the District 3 project median, indicating a premium relative to the wider district market.

Within 1 km, 12 nearby condominiums were identified; 10 recorded at least one sale during the same period. These projects provide additional context where the subject development has limited recent activity.

This is a rules-based interpretation of recorded transactions and nearby project data, not a formal valuation.

Project Details

Developer
Guocoland & Hong Leong Group
Property type
Condominium
District
District 3 - Queenstown / Tiong Bahru / Redhill
Market segment
Rest of Central Region
Tenure
99 yrs lease commencing from 2024
TOP
2029
Total units
462

About PENRITH

PENRITH is a condominium in Singapore District 3, completed in 2029 with 99 yrs lease commencing from 2024. It recorded 452 transactions during the latest 12-month period in the database, with a median transacted price of $2.32M and a median of $2,794 psf. The most frequently transacted size range is 781–1,000 sqft, representing 34.5% of transactions with recorded floor area. QUEENSTOWN MRT STATION is approximately 350 m away by straight-line distance. 1 primary school is located within a 1 km straight-line radius.

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Disclaimer: The information, charts and statistics on this page are derived from publicly available Urban Redevelopment Authority (URA) transaction records and are provided for general informational purposes only. While every reasonable effort is made to keep the information accurate and up to date, all data, calculations, trends and market insights are estimates and should not be relied upon as the sole basis for financial, investment, legal, valuation or property decisions. Users should independently verify the information and seek professional advice where appropriate.

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