Homy

Property Project Intelligence

PENRITH

MARGARET DRIVE
District 3TOP 202999 yrs lease commencing from 2024462 UnitsRCR
350 mQUEENSTOWN MRT STATION
$2.31MMedian transacted price
456Transactions in latest 12 months
781–1,000 sqftMost popular unit size

PENRITH Market Snapshot

▼ -54.6%
From 12-Month High
Peak: Mar 2026Based on latest 12 months
▲ +11.8%
From 12-Month Low
Low: Jul 2026Based on latest 12 months
▲ +25.7%
Vs District Median PSF
Above District 3 medianBased on latest 12 months
▲ +56.9%
Vs RCR Median PSF
Above RCR medianBased on latest 12 months
98.7%
12M Turnover Rate
456 sales / 462 units
Latest 12-month sales
456
Up to latest imported transaction
Median transacted price
$2.31M
Latest 12 months
Median PSF
$2,794
Latest 12 months
Typical recorded price range
$1.8M – $3.26M
20th to 80th percentile
Latest transacted price
$1.79M
614 sqft · 1 Sep 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: September 2026Last updated: 14 Sep 2026

PENRITH Location & Nearby Amenities

Explore PENRITH and nearby amenities. Distances shown are straight-line estimates from the property.

PENRITH 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

PENRITH 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$2,794456 project sales
District 3 Median PSF$2,223Median across district projects with recorded sales
Difference vs District+25.7%Above district median
Transactions Within 1 km273Recorded 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$1,812 – $2,798 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.

11 projects
ProjectDistanceTOP / AgeUnits12M SalesPSF (M)
QUEENS PEAK291 m20206 yrs old73632$2,227
COMMONWEALTH TOWERS299 m201016 yrs old84539$2,296
QUEENS466 m7$1,926
STIRLING RESIDENCES582 m104$2,394
MARGARET VILLE759 m20215 yrs old30917$2,307
THE ANCHORAGE780 m199729 yrs old7$2,000
JERVOIS MEADOWS892 m0
ALEXIS911 m201214 yrs old29316$1,819
TANGLIN REGENCY928 m8$1,718
THE METROPOLITAN CONDOMINIUM992 m38215$2,013
ECHELON995 m201610 yrs old50828$2,220

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)
2026-083$1.01M$940K$1.05M$2,128
2026-074$993.8K$945K$1.05M$2,199
2026-065$1.03M$965K$1.08M$2,271
2026-052$1.01M$945K$1.08M$2,216
2026-047$962.3K$768K$1.05M$2,216
2026-037$924.3K$780K$1.09M$2,118
2026-022$1.03M$1.02M$1.03M$2,216
2026-014$942.8K$788K$1.04M$2,172
2025-125$981.6K$925K$1.05M$2,207
2025-114$977.8K$915K$1.08M$2,165
2025-103$916.7K$780K$1M$2,182
<500 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
COMMONWEALTH TOWERSCondo84516$984.2K$2,163
QUEENS PEAKCondo73612$995.3K$2,207
STIRLING RESIDENCESApt7$1.05M$2,383
ALEXISApt2936$782.7K$1,977
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)
2026-089$1.59M$1.24M$1.9M$2,367
2026-0711$1.56M$1.09M$1.8M$2,322
2026-0612$1.49M$980K$1.83M$2,294
2026-058$1.46M$1.16M$1.95M$2,376
2026-0416$1.54M$1.07M$1.74M$2,291
2026-039$1.42M$978K$1.63M$2,240
2026-026$1.48M$1.15M$1.72M$2,304
2026-0111$1.48M$960K$1.78M$2,188
2025-1211$1.45M$1.18M$1.69M$2,308
2025-1111$1.48M$1.14M$1.78M$2,301
2025-107$1.45M$930K$1.7M$2,201
500–780 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
STIRLING RESIDENCESApt66$1.47M$2,368
COMMONWEALTH TOWERSCondo84514$1.69M$2,343
ECHELONCondo50811$1.64M$2,239
ALEXISApt2936$1M$1,766
QUEENS PEAKCondo7366$1.58M$2,191
MARGARET VILLEApt3095$1.48M$2,169
TANGLIN REGENCYCondo2$1.35M$1,921
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)
2026-081$1.05M$1.05M$1.05M$1,219
2026-0710$1.89M$1.4M$2.4M$2,186
2026-064$1.94M$1.58M$2.35M$2,199
2026-054$2.38M$2.14M$2.71M$2,560
2026-049$1.92M$1.26M$2.4M$2,207
2026-035$2.13M$1.74M$2.34M$2,405
2026-023$1.89M$1.82M$1.99M$2,218
2026-012$2.19M$2.02M$2.36M$2,540
2025-123$2.02M$1.9M$2.25M$2,352
2025-116$1.87M$1.39M$2.41M$2,138
2025-1010$1.97M$1.4M$2.43M$2,214
781–1,000 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
STIRLING RESIDENCESApt19$2.19M$2,477
MARGARET VILLEApt3099$2.14M$2,388
QUEENS PEAKCondo7368$1.97M$2,278
COMMONWEALTH TOWERSCondo8455$2.05M$2,372
ECHELONCondo5085$1.95M$2,259
TANGLIN REGENCYCondo5$1.47M$1,628
ALEXISApt2933$1.24M$1,440
THE METROPOLITAN CONDOMINIUMCondo3822$1.47M$1,812
QUEENSCondo1$1.58M$1,731

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)
2026-084$2.13M$1.44M$2.8M$2,004
2026-073$2.2M$2.08M$2.3M$2,178
2026-063$2.62M$2.34M$2.95M$2,527
2026-053$2.17M$2M$2.33M$1,946
2026-042$2.73M$2.6M$2.86M$2,588
2026-031$2.87M$2.87M$2.87M$2,719
2026-026$2.47M$2M$2.86M$2,328
2026-013$2.39M$2.14M$2.73M$2,236
2025-123$2.59M$2.38M$2.7M$2,353
2025-111$2.6M$2.6M$2.6M$2,196
2025-103$2.55M$2.28M$2.8M$2,336
1,001–1,200 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
STIRLING RESIDENCESApt10$2.77M$2,627
QUEENSCondo6$2.24M$1,894
COMMONWEALTH TOWERSCondo8454$2.65M$2,511
THE METROPOLITAN CONDOMINIUMCondo3824$2.09M$1,972
ECHELONCondo5083$2.24M$2,234
QUEENS PEAKCondo7363$2.33M$2,325
ALEXISApt2931$1.44M$1,365
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)
2026-081$3M$3M$3M$2,144
2026-072$3.09M$2.86M$3.32M$2,172
2026-061$3.02M$3.02M$3.02M$2,048
2026-052$3.44M$3.3M$3.58M$2,557
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
1,201–1,500 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
THE METROPOLITAN CONDOMINIUMCondo3827$2.85M$2,043
ECHELONCondo5083$3.1M$2,100
STIRLING RESIDENCESApt2$3.44M$2,557
THE ANCHORAGECondo2$2.68M$2,006
MARGARET VILLEApt3091$2.9M$1,981
TANGLIN REGENCYCondo1$2.22M$1,719

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)
2026-081$3.46M$3.46M$3.46M$1,997
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
1,501–2,000 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
THE ANCHORAGECondo4$3.27M$2,030
QUEENS PEAKCondo7362$3.42M$2,266
ECHELONCondo5081$3.38M$2,151
THE METROPOLITAN CONDOMINIUMCondo3821$3.46M$1,997

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
i

Market Interpretation

PENRITH recorded 456 transactions during the latest 12 months, providing a more useful recent basis for comparison.

Its median PSF is approximately 25.7% above the District 3 project median, indicating a premium relative to the wider district market.

Within 1 km, 11 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.

PENRITH 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 456 transactions during the latest 12-month period in the database, with a median transacted price of $2.31M and a median of $2,794 psf. The most frequently transacted size range is 781–1,000 sqft, representing 34.2% 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, statistics, distances and other data shown on this page are derived from publicly available sources, including Urban Redevelopment Authority (URA) transaction records, and are provided for general informational purposes only. While reasonable efforts are made to keep the information accurate and up to date, the data may contain errors, omissions, delays or inaccuracies. All figures, calculations, trends, market insights and distance measurements are estimates only and should not be relied upon for contractual, legal, financial, investment, valuation, planning or other official purposes. Distance information is approximate and should not be used for actual access, eligibility, proximity, planning or assessment purposes. Users should independently verify all information with the relevant authorities, official records or other appropriate sources before making any decision or entering into any agreement.

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