Hong Leong Holdings, alongside Hong Realty and GuocoLand, is set to launch Penrith, a 462-unit residential development in Queenstown, Singapore. This marks the first private residential project in the area since 2018. Public previews will begin on 3 October, with sales starting on 18 October. Prices for units start at $1.095m (S$1.495m).
Located on Margaret Drive, Penrith offers a prime city-fringe location with easy access to Queenstown MRT and key amenities. The development features two 40-storey towers with units ranging from two to four bedrooms. Inspired by the historic market town of Cumbria, England, Penrith incorporates English influences in its design, blending heritage architecture with modern living.
Betsy Chng, Head of Sales and Marketing at Hong Leong Holdings, highlighted Queenstown’s appeal, citing its central location and vibrant community. “We are optimistic that Penrith will see healthy demand,” she stated.
Penrith’s strategic location ensures excellent connectivity and proximity to educational institutions and shopping centres. The development is part of the Urban Redevelopment Authority’s Master Plan, promising continued renewal and growth potential in the area. The sales gallery will be open for preview until 15 October, offering potential buyers a glimpse into this unique blend of tradition and modernity.
