City Fringe Living: Why Penrith at Margaret Drive Offers the Best of Both Worlds

A Desirable Balance Between Convenience and Tranquility

In the ever-evolving Singapore property landscape, city fringe living is fast gaining popularity—and for good reason. Nestled along Margaret Drive in the prestigious District 3, Penrith is the newest residential launch that embodies this perfect balance. Here, residents enjoy quick access to the city core without sacrificing the peaceful ambiance of a matured estate.

Unlike the fast-paced lifestyle often associated with downtown areas, Penrith offers a more serene, family-friendly environment just a few MRT stops from the Central Business District (CBD). It’s the ideal compromise between accessibility and comfort—a hallmark of true city fringe living.

Prime Location with Unmatched Connectivity

One of Penrith’s strongest selling points is its strategic location. Located just a 3-minute sheltered walk to Queenstown MRT, residents enjoy seamless access to both the East-West Line and nearby bus services. Whether you're commuting to work in the CBD or heading out for a weekend in the East or West, connectivity is a breeze.

This kind of convenience is rare. Compared to other city fringe developments, Penrith stands out with its walkable access to public transport, reducing the need for car ownership and easing daily commutes. It’s a location that supports both work and leisure effortlessly.

Penrith is within walk distance to Queenstown MRT

Developed by GuocoLand and Hong Leong: A Mark of Quality

When it comes to property investment or homeownership, the developer’s track record plays a crucial role. Penrith is a proud collaboration between GuocoLand and Hong Leong, two of Singapore’s most respected developers.

GuocoLand is renowned for iconic projects such as Wallich Residence and Midtown Modern, while Hong Leong’s portfolio includes many award-winning developments across the island. Their commitment to architectural excellence, sustainable design, and premium lifestyle offerings gives Penrith added credibility and long-term value.

Buyers can rest assured that Penrith Condo will be built to the highest standards, with elegant layouts, smart features, and well-curated amenities that enhance both daily living and resale value.

Lifestyle Amenities at Your Doorstep

Living at Penrith means having everything you need within close reach. The development is surrounded by a rich tapestry of lifestyle amenities—from major shopping malls like Queensway Shopping Centre (5-minute walk), Anchorpoint (7-minute walk), and IKEA Alexandra (10-minute walk), to charming cafes, eateries, and boutique gyms.

Nature lovers will appreciate the proximity to Alexandra Canal Linear Park, offering cycling and jogging routes that connect to the Southern Ridges. For families with school-going children, reputable educational institutions such as Queenstown Primary, Crescent Girls' School, and ACS (International) are all located nearby.

These amenities make day-to-day living not just convenient, but truly enjoyable—offering an enriching lifestyle without ever needing to venture far.

ACS (International)

Strong Investment Potential in District 3

District 3 has long been favored by savvy property investors, and Penrith’s launch presents a fresh opportunity in this tightly held location. The limited land supply in Queenstown means new launches are rare, making this a prized entry point for investors seeking long-term capital appreciation.

Given its proximity to the city, strong rental demand is another compelling reason. Queenstown is popular among expats and professionals working in CBD, One-North, and even Buona Vista. Investors can expect healthy rental yields while owner-occupiers can anticipate long-term appreciation supported by nearby transformation areas like Greater Southern Waterfront and ongoing rejuvenation in Queenstown.

Ideal for HDB Upgraders and Young Families

Penrith is especially attractive for HDB upgraders who are looking for a central private home with an affordable entry price compared to core central region projects. The unit mix and efficient layouts cater well to families, while the connectivity and amenities enhance daily convenience.

Unlike some fringe areas that feel disconnected, Penrith offers a lived-in, community vibe. Whether you’re raising kids, working nearby, or simply craving more space and privacy than your current flat allows, this development fits right into your lifestyle goals.

A Glimpse into Future Growth

Penrith’s location along Margaret Drive is not just great for today—it holds promise for tomorrow. As Singapore continues its decentralisation efforts and upgrades infrastructure in city fringe zones, property in areas like Queenstown is poised to benefit. This forward-looking potential makes Penrith a rare gem for both homeowners and investors.

Moreover, the site is a Government Land Sales (GLS) plot, ensuring transparency and fair market entry. Backed by trusted developers, strong location fundamentals, and future transformation, Penrith is positioned for steady growth.

Experience the Best of Both Worlds with Penrith Condo

Penrith at Margaret Drive is more than just a city fringe address—it’s a gateway to convenience, connectivity, and long-term value. Whether you’re planning to upgrade your home, make a first private purchase, or secure a prime asset, this new launch ticks all the right boxes.

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