
The Penrith Showflat is set to become one of the most anticipated property showcases in Singapore’s District 3, opening its doors for an exclusive VVIP Preview on 3rd October 2025. This event will unveil Penrith, an upcoming luxury condominium jointly developed by GuocoLand, Hong Leong Holdings, and Hong Realty. Located along Margaret Drive in the established Queenstown estate, the development promises a blend of contemporary living, unrivaled connectivity, and long-term investment potential.
With its coveted location, premium facilities, and forward-looking design, Penrith is poised to redefine modern city-fringe living for both homebuyers and property investors.
Prime Address at Margaret Drive
Penrith enjoys a strategic position in Queenstown, a district known for its rich heritage and well-rounded amenities. Its central location ensures residents are seamlessly connected to Singapore’s key urban nodes:
- Public Transport: A 5-minute walk to Queenstown MRT Station on the East-West Line connects residents directly to the CBD, Orchard Road, and Jurong East.
- Expressways: The Ayer Rajah Expressway (AYE) and Central Expressway (CTE) are just minutes away, providing quick routes across the island.
- Lifestyle Conveniences: Shopping centers like Queensway Shopping Centre, IKEA Alexandra, and Anchorpoint Mall are nearby, while Alexandra Village Food Centre and Holland Village offer a wide range of dining options.
- Schools & Education: Families benefit from proximity to reputable schools such as Queenstown Primary School, Crescent Girls’ School, and New Town Primary School, all within 2 km.
- Recreation & Green Spaces: Parks including HortPark and Alexandra Canal Linear Park provide scenic escapes for fitness enthusiasts and nature lovers.
This city-fringe location gives Penrith the unique advantage of being close to both work hubs and leisure destinations, while still maintaining the comfort of a tranquil residential enclave.
The Penrith Showflat: Previewing Modern Luxury
The Penrith Showflat will offer buyers an immersive experience into the development’s vision of urban sophistication. Located close to the project site on Margaret Drive, the showflat will highlight the condominium’s unit layouts, finishes, and innovative features.
Highlights of the Showflat Experience:
- Diverse Unit Mix: Prospective buyers can explore layouts ranging from 2-bedroom apartments ideal for professionals to larger 4- and 5-bedroom family homes.
- Smart Home Integration: Each unit is equipped with intelligent systems for lighting, climate control, and security.
- High-End Interiors: Expect premium finishes, eco-conscious materials, and a design approach focused on both elegance and functionality.
- Spectacular Views: Higher-floor units will showcase panoramic skyline vistas, a rare feature in this part of Queenstown.
- Comprehensive Facilities: A full suite of lifestyle amenities, including a 50m swimming pool, gymnasium, yoga pavilion, BBQ decks, children’s play zones, and landscaped gardens—will be previewed at the showflat.
The showflat will be open daily from 10:00 AM to 7:00 PM on weekdays and until 8:00 PM on weekends/public holidays. Visits are strictly by appointment, and early registration is highly encouraged due to high demand.
Why Attend the VVIP Preview?
The VVIP Preview offers buyers a competitive edge with benefits such as:
- First Access to Units – Priority selection of the most desirable layouts and views.
- Exclusive Developer Discounts – Early-bird pricing directly from the developers.
- In-Depth Guidance – One-on-one consultation with certified agents for unit selection, financing, and payment schemes.
- Special Incentives – Flexible purchase options and promotional perks for VVIP registrants.
With limited new launches in Queenstown, units at Penrith are expected to move quickly once the preview begins.
Investment Potential of Penrith
Penrith is not just a home, it’s a strong investment asset.
- The project sits on a Government Land Sales (GLS) site acquired in 2024 for S$497 million, translating to a land cost of about S$1,154 psf ppr.
- Analysts forecast launch prices to begin from S$2,600–S$2,700 psf, competitive for its city-fringe location and premium offerings.
- The upcoming Greater Southern Waterfront transformation and the One-North business hub nearby are expected to drive strong rental demand and capital appreciation.
These factors make Penrith a compelling choice for both owner-occupiers seeking long-term value and investors targeting growth potential.
Developer Excellence
The collaboration between GuocoLand and Hong Leong Holdings ensures that Penrith will deliver uncompromising quality.
- GuocoLand is behind iconic projects like Wallich Residence and Midtown Modern, renowned for luxury and innovation.
- Hong Leong Holdings, with decades of experience, has consistently delivered developments that combine thoughtful design with enduring value.
This joint expertise guarantees Penrith will meet the highest standards of design, sustainability, and functionality.
How to Register for the Penrith Showflat
To secure a slot for the VVIP Preview on October 3, 2025:
- Register Online via the official Penrith sales portal.
- Avoid Duplicate Registrations to ensure eligibility for developer pricing and smooth service.
- Prepare Documentation to discuss loan approvals, financing, and unit preferences with the sales team.
Upon successful registration, buyers will receive the latest floor plans, e-brochures, pricing details, and availability charts ahead of the preview.
Conclusion
The Penrith Showflat marks the beginning of a landmark residential development at Margaret Drive, Queenstown. With its prime location, lifestyle-focused amenities, sustainable features, and investment upside, Penrith is set to capture the attention of both homebuyers and investors.
Don’t miss this opportunity to preview one of 2025’s most exciting property launches. Register early for the VVIP Preview on 3rd October 2025, and be among the first to experience the future of modern luxury living in District 3.