Penrith

Condo
 • 
70 Margaret Dr, Singapore 149926
D03 Queenstown / Tiong Bahru
2
 beds
1
 baths
614
 sqft
Built in 
2031 Q2
For sale
$1,853,000
/mo

About the property

PENRITH

A Rare Freehold Gem in the Heart of District 3

Introducing Penrith, an exclusive residential address in prestigious District 3, where city convenience, timeless elegance, and exceptional investment potential converge. Situated within one of Singapore’s most sought-after city-fringe locations, Penrith presents a rare opportunity to own a luxurious home just minutes from the Central Business District.

Strategically positioned near the vibrant Alexandra and Queenstown precincts, Penrith offers residents unparalleled connectivity and lifestyle convenience. The development enjoys easy access to Redhill MRT Station, Tiong Bahru MRT Station, and Havelock MRT Station, providing seamless connections to Orchard Road, Marina Bay, the CBD, and the rest of Singapore. Major expressways including the CTE and AYE further enhance accessibility.

Families will appreciate the excellent educational options nearby. Renowned primary schools within the vicinity include Alexandra Primary School, Zhangde Primary School, Gan Eng Seng Primary School, and Queenstown Primary School, making Penrith an ideal home for families seeking both convenience and quality education.

Residents are surrounded by an abundance of lifestyle and retail amenities. Popular shopping destinations such as Tiong Bahru Plaza, Anchorpoint Shopping Centre, Queensway Shopping Centre, IKEA Alexandra, and Alexandra Central Mall are just minutes away. The nearby Tiong Bahru estate also offers a vibrant mix of cafés, restaurants, artisanal bakeries, and lifestyle destinations.

From an investment perspective, Penrith enjoys the advantages of a prime city-fringe location with strong rental demand from professionals working in the CBD, One-North, HarbourFront, and the Greater Southern Waterfront. The ongoing transformation of the southern corridor and the redevelopment plans surrounding the Greater Southern Waterfront further strengthen the long-term growth potential of the area.

The scarcity of new residential developments in District 3 makes Penrith particularly attractive to both homeowners and investors. Combining a prestigious address, excellent connectivity, reputable schools, and comprehensive amenities, Penrith is well-positioned for future capital appreciation and sustainable rental demand.

Opportunities to own a home in District 3 are increasingly limited. Penrith offers buyers the rare chance to secure a valuable asset in one of Singapore’s most established and desirable residential enclaves.

Contact us today for the latest pricing, available unit selections, floor plans, investment analysis, and exclusive private viewing appointments.

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