DISTRICT 03 · MARGARET DRIVE
Your Gateway to Prime District 3 Living
462 homes in 2 iconic towers — Queenstown MRT, IKEA, and prime Margaret Drive living await in District 3.
2 to 4 Bedrooms
Queenstown MRT
IKEA, Queensway/ Anchorpoint
Queenstown Primary School
PROJECT OVERVIEW
“A prime District 3 development with 462 homes in 2 iconic towers.”
Nestled in the vibrant Queenstown area, Penrith at Margaret Drive Condo is a new residential development designed to cater to urban professionals and families alike. Strategically located along Margaret Drive, this new launch offers unparalleled convenience, modern living spaces, and a tranquil environment amidst the bustling city.
As part of the highly sought-after District 3, residents will enjoy seamless connectivity to the Central Business District (CBD), Marina Bay Financial Centre, and other prominent areas in Singapore. With its proximity to Queenstown MRT station and excellent access to various amenities, Margaret Drive Condo is poised to become a top choice for homeowners and investors.
Set against the scenic backdrop of Queenstown and adjacent to lush greenery, Penrith at Margaret Drive offers a peaceful lifestyle amid nature. It remains close to major transport nodes, employment hubs, and lifestyle amenities, creating a quality living experience for urban professionals and families seeking the best of both worlds in a prime location.
SERENE URBAN LIVING
Designed for modern living in District 3
A sophisticated lifestyle within Queenstown’s vibrant community, keeping residents connected to business, education and nature amenities.
KEY DEVELOPMENT INFO
The fact sheet
70, 72 Margaret Drive
Address (D03)
462
Units in 2 Towers (40 Storeys)
99 yrs
Tenure from 4 Nov 2024
Apr 2031
Vacant Possession
9,522.30 sqm
Site area
376 (81%)
Carpark lots
LOCATION & CONNECTIVITY
Heart of Queenstown’s vibrant neighbourhood
Penrith at Margaret Drive is surrounded by an array of amenities, enhancing the convenience and lifestyle it offers. The development is a short stroll from Queenstown MRT (EW19) station, providing direct access to key business and entertainment hubs. For drivers, the nearby Ayer Rajah Expressway (AYE), Central Expressway (CTE), and West Coast Highway ensure seamless island-wide connectivity.
Easy access
| Queenstown MRT (EW19) | 326m |
| Bus Services | 21, 122, 51, 111, 145, 186, 195, 970, NR5 |
Shopping & groceries
| Sheng Shiong Supermarket | 130m |
| Margaret Market | 700m |
| Anchorpoint Shopping Centre | 1.2 km |
| IKEA Alexandra | 1.5 km |
Education & schools
| Queenstown Primary School | within 1 km |
| New Town Primary School | |
| Gan Eng Seng Primary School | |
| Fairfield Methodist Primary |
360 Degree View
WHY IT STANDS APART
Seven reasons buyers are looking here
01
Prime District 03
A prestigious District 3 address, ensuring lasting investment value.
02
Queenstown MRT (EW19)
Walking distance to Queenstown MRT station for easy CBD commuting.
03
Close to Natural Parks
Proximity to Alexandra Canal Linear Park and the Rail Corridor.
04
By Reputed Developers
Developed by Intrepid Investments, Hong Realty and GuocoLand with proven excellence.
05
Queenstown Primary School (within 1KM)
A key advantage for families seeking enrolment in one of Singapore’s popular primary schools.
06
Proximity to CBD & Marina Bay
Seamless connectivity to Central Business District and Marina Bay Financial Centre.
07
Retail & Dining Options
Residents enjoy easy access to IKEA Alexandra, Anchorpoint Shopping Centre, and Holland Village for shopping and dining.
GALLERY
The facade, the lagoon pool, the sky sanctuary
The building’s modern facade features clean lines and high-quality finishes. Interiors are thoughtfully crafted with spacious layouts and premium fittings, while large windows offer stunning views of greenery and cityscape.
SITE & FLOOR PLANS
See how every space comes together
Architecturally, Penrith at Margaret Drive features 2 towers rising up to 40 storeys, blending contemporary design with functional layouts.
The site plan maximizes aesthetics and functionality, featuring lush landscaping, a swimming pool, children’s play zone, tennis court, and 40th-storey roof gardens.
Scale Model 360° View
Explore thoughtfully designed layouts
| Configuration | Stacks | Units | Unit Size (Sqft) |
| 2BR C | 04 & 10 | 76 | 614 |
| 2BR P | 01 & 07 | 78 | 678 |
| 3BR C | 06 & 12 | 78 | 786 |
| 3BR C | 08 | 39 | 850 |
| 3BR P | 02 | 39 | 936 |
| 3BR P | 09 | 38 | 1,066 |
| 4BR | 05 & 11 | 76 | 1,173 |
| 4BR P | 03 | 38 | 1,281 |
| Total | 462 |
Estimated Maintenance Fee: 2BR/3BR: $425, 4BR: $496
| 2BR C | 614 sqft |
| 2BR P | 678 sqft |
| 3BR C | 786 sqft |
| 3BR C | 850 sqft |
| 3BR P | 936 sqft |
| 3BR P | 1,066 sqft |
| 4BR | 1,173 sqft |
| 4BR P | 1,281 sqft |
PRICING & EXCLUSIVE OFFERS
Direct developer pricing, no commission
| 2BR · 614 sqft | fr $1,788,000 – $1,800,000 · Last 5 |
*Price is indicative and subject to changes.
Download resources
Get the e-brochure
Complete project details, floor plans, site plan, unit mix and pricing — all in one official PDF.
THE DEVELOPER
Built by GuocoLand, Hong Realty and Intrepid Investments
Penrith at Margaret Drive is developed by Intrepid Investments Pte. Ltd., Hong Realty (Private) Limited and GuocoLand (Singapore) Pte. Ltd., a consortium of renowned developers with a proven track record of excellence in Singapore’s property market. The project is architecturally designed by ADDP.
Penrith at Margaret Drive · 70-72 Margaret Drive, Singapore
Consortium
Intrepid Investments, Hong Realty and GuocoLand come together for this landmark project.
Design
Architecturally designed by ADDP with contemporary aesthetics and functional layouts.
Today
Penrith at Margaret Drive sets a new benchmark for urban living in Queenstown’s District 3.
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