Penrith, the much-awaited new condominium development in Queenstown, Singapore, is set to make waves in the city’s property scene. Jointly developed by GuocoLand, Hong Leong Holdings, and Hong Realty, this 99-year leasehold project is poised to deliver a lifestyle defined by modern luxury and convenience. The Penrith Showflat will officially open its doors for an exclusive VVIP Preview from October 3, 2025, allowing early registrants a first-hand look at this exciting development along Margaret Drive.
A Landmark in Queenstown’s Residential Transformation
Situated in the heart of District 3, Penrith enjoys an enviable location in the mature estate of Queenstown, one of Singapore’s most vibrant and heritage-rich neighborhoods. The development is a short 5-minute stroll to Queenstown MRT Station on the East-West Line, ensuring direct access to the Central Business District, Orchard Road, Jurong East, and other vital hubs. Drivers will also appreciate quick connectivity to major expressways such as the AYE and CTE, making daily travel seamless.
Beyond its accessibility, Penrith is surrounded by a well-rounded suite of amenities. Residents will find:
- Retail and Dining: Queensway Shopping Centre, IKEA Alexandra, and Anchorpoint Shopping Centre are nearby, offering everything from home essentials to fashion and dining.
- Food Havens: Alexandra Village Food Centre and Holland Village provide a variety of local and international cuisines.
- Educational Institutions: Families with children will benefit from proximity to reputable schools such as Queenstown Primary School, Crescent Girls’ School, and New Town Primary School.
- Recreation and Nature: Alexandra Canal Linear Park, HortPark, and nearby green corridors create abundant opportunities for outdoor activities and leisure.
This blend of urban vibrancy and residential calm makes Penrith a highly desirable address for families, professionals, and investors alike.
The Penrith Showflat Experience
The Penrith Showflat is more than just a preview, it’s an opportunity to step into the lifestyle envisioned by the developers. Located close to the project site at Margaret Drive, the showflat is carefully curated to highlight the design, finishes, and layout options available. Visitors will be able to explore:
- Flexible Unit Mix: From stylish 2-bedroom layouts ideal for young couples to expansive 4- and 5-bedroom configurations for multi-generational families.
- Smart Living Features: Integrated smart home systems offering seamless control of lighting, climate, and security.
- Premium Finishes: High-quality fittings, eco-conscious materials, and sleek interiors emphasizing both elegance and sustainability.
- Amenities on Display: Visual showcases of facilities including swimming pools, a gymnasium, yoga decks, landscaped gardens, and children’s play zones.
- Panoramic Views: Insights into the upper-level units that will capture the city skyline and surrounding greenery.
The showflat will be open daily by appointment only, from 10:00 AM to 7:00 PM on weekdays and 10:00 AM to 8:00 PM on weekends and public holidays. Prospective buyers are strongly encouraged to secure their slots early through the official registration process.
Benefits of Attending the VVIP Preview
Registering for the VVIP Preview on October 3, 2025, provides several advantages:
- Priority Choice of Units: Select from the best floor plans and views ahead of the public launch.
- Developer Direct Pricing: Access introductory prices with attractive early-bird discounts.
- Personalized Consultation: Receive comprehensive project details, including pricing, layouts, and financing options.
- Exclusive Incentives: Enjoy promotional perks and flexible purchase schemes offered only during the VVIP period.
With Queenstown’s limited pipeline of new residential launches, demand for Penrith is expected to be high, making early participation crucial.
Investment Outlook and Pricing
Penrith sits on a 102,497 sq ft GLS site, acquired for S$497 million in 2024, at roughly S$1,154 psf ppr. Analysts project launch prices to begin around S$2,600 to S$2,700 psf, in line with its premium location and strong developer reputation.
Its appeal is bolstered by ongoing transformations in the city, including the Greater Southern Waterfront masterplan and expansion of employment hubs like One-North. These initiatives are expected to enhance long-term rental demand and capital appreciation, positioning Penrith as a strong investment choice.
Developer Reputation
Backed by GuocoLand and Hong Leong Holdings, Penrith carries the hallmark of quality and reliability. Both developers are well-regarded for creating landmark residential and mixed-use projects across Singapore, combining innovative architecture with sustainable practices. Buyers can expect Penrith to deliver not only luxurious homes but also enduring value.
Conclusion
The Penrith Showflat VVIP Preview from October 3, 2025, is a milestone event for Singapore’s property market. Offering a unique combination of prime location, refined living spaces, and robust investment prospects, Penrith stands out as one of the most anticipated condominium launches in recent years.
Homebuyers and investors are urged to register early to secure their appointment and discover why Penrith at Margaret Drive is set to be a defining project in Queenstown’s residential evolution.
