The Penrith Showflat is set to open its doors for an exclusive VVIP Preview from 3rd October 2025, marking one of the most anticipated condominium launches in Singapore’s District 3. Situated along Margaret Drive in the vibrant Queenstown estate, Penrith is a landmark residential development by GuocoLand, Hong Leong Holdings, and Hong Realty. Designed as a blend of luxury, convenience, and functionality, Penrith offers an unmatched opportunity for homeowners and investors seeking prime city-fringe living.
Prime Location in Queenstown
Located in one of Singapore’s most sought-after neighborhoods, Penrith enjoys a strategic position that balances accessibility with tranquility.
Seamless Connectivity: Just a 4 to 5-minute walk from Queenstown MRT Station (East-West Line), residents will have direct routes to the CBD, Orchard Road, and Jurong East. For drivers, the AYE and CTE are within minutes, ensuring efficient travel across the island.
Lifestyle Conveniences: The area is rich with amenities such as IKEA Alexandra, Anchorpoint, and Queensway Shopping Centre, offering diverse retail and dining choices. Alexandra Village Food Centre is also nearby for local delights.
Education Hub: Within a 2-km radius are top schools like Queenstown Primary School, New Town Primary, and Crescent Girls’ School, making it highly appealing for families.
Green Spaces: Recreational parks such as HortPark and Alexandra Canal Linear Park provide peaceful retreats for outdoor enthusiasts.
With Queenstown’s reputation as a mature estate and its proximity to major transformation projects like the Greater Southern Waterfront, Penrith is perfectly positioned for long-term value growth.
What to Expect at the Penrith Showflat
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Penrith Showflat offers prospective buyers a comprehensive preview of the development’s luxury lifestyle and thoughtful design.
Diverse Layouts: Units range from efficient 2-bedroom apartments for singles and young couples to spacious 4- and 5-bedroom residences designed for multigenerational living.
Modern Interiors: Expect to see premium finishes, sustainable materials, and integrated smart-home features for lighting, security, and climate control.
Scenic Views: Higher-floor units will showcase panoramic views of the city skyline and lush greenery, highlighting Penrith’s prime location.
Resort-Style Facilities: Amenities include a lap pool, fully equipped gym, BBQ areas, a clubhouse, landscaped gardens, children’s play zones, and sky lounges.
The showflat will be open daily by appointment only, from 10:00 AM – 7:00 PM on weekdays and extended until 8:00 PM on weekends and public holidays. Early registration is strongly encouraged due to limited preview slots.
Benefits of Attending the VVIP Preview
Attendees at the VVIP Preview from 3rd October 2025, will enjoy exclusive advantages:
First Choice Selection: Priority access to the most desirable layouts and views.
Direct Developer Prices: Attractive introductory pricing and VVIP-only discounts.
Early-Bird Incentives: Special offers such as flexible payment options or additional rebates.
Full Project Insights: Personal consultations on pricing, floor plans, and financing options.
Given Queenstown’s limited new launches, units at Penrith are expected to see high demand, especially from HDB upgraders, young professionals, and investors.
Investment Value and Pricing Outlook
Penrith sits on a 102,497 sq ft Government Land Sales site, acquired at S$497 million in 2024, translating to around S$1,154 psf ppr. Analysts project launch prices to start from S$2,600 – S$2,700 psf, in line with its premium city-fringe address.
The combination of strong rental appeal, upcoming growth in the surrounding Queenstown-Buona Vista area, and the prestige of GuocoLand and Hong Leong Holdings make Penrith a solid long-term investment.
Developer Excellence
Backed by industry leaders GuocoLand and Hong Leong Holdings, the development reflects decades of experience in delivering premium residences. Past successes such as Midtown Modern, Wallich Residence, and Meyer Mansion highlight their ability to craft iconic projects that stand the test of time.
Register for the Penrith Showflat Preview
To secure an appointment for the Penrith Showflat VVIP Preview from 3rd October 2025:
1. Register early online through the official sales portal.
2. Avoid duplicate registrations to ensure exclusive access to pricing privileges.
3. Prepare documents for financial assessment and unit selection during the consultation.
Upon registration, buyers will receive e-brochures, floor plans, and timely updates on pricing and availability.
Conclusion
The Penrith Showflat at Margaret Drive is more than a preview, it’s an entry point into one of Singapore’s most exciting residential launches of 2025. With its strategic location, luxury features, and strong investment fundamentals, Penrith is set to become a landmark in Queenstown’s evolving skyline.