Penrith
Penrith is selling now. Units here have sold for a middle S$2,790 psf — S$1.44m to S$3.94m — and 7 of the 462 units are left. We do not rate it yet.
What units at Penrith actually sold for
455 units have been bought here since the launch in October 2025, at prices from S$1.44m for the smallest to S$3.94m for the largest. The middle price was S$2,790 per square foot. Higher floors cost more: the same 600–899 sq ft unit sold at a middle S$2,560 psf on floors 1–5 and S$2,950 psf on floors 36–40.
Prices by unit size and floor
As at Sep 2026
Swipe the table sideways to see every column.
| Unit size | All floors |
|---|---|
| Under 600 sq ft | fewer than 5 sales |
| 600–899 sq ftmedian 680 sq ft | S$2,760 psfS$2,350–S$3,050S$1.44m – S$2.51m265 sales |
| 900–1,199 sq ftmedian 1,070 sq ft | S$2,830 psfS$2,600–S$3,090S$2.44m – S$3.62m152 sales |
| 1,200–1,499 sq ftmedian 1,280 sq ft | S$2,870 psfS$2,650–S$3,070S$3.40m – S$3.94m38 sales |
| 1,500 sq ft and up | fewer than 5 sales |
Floors 1–5, 6–10, 11–15, 16–20, 21–25, 26–30, 31–35 and 36–40 each have their own column. Tell us the floor, the size and the price you were quoted, and we mark the cell it falls in.
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How fast it is selling, and how many are left
446 of the 462 units sold in the launch month, October 2025. Since then sales have run at a few a month — 462 in the last twelve — and 7 are left as at Aug 2026. The middle price in the months with five or more sales has stayed between S$2,790 and S$2,800 psf.
Balance units
7 of 462
As at Aug 2026
Units sold each month, and the month’s middle psf
launch month, bar cut to fit 5 or more sold: psf printed fewer than 5: count only
The other launches within 3 km
Within 3 km, Bloomsbury Residences (1.5 km) is a private condo selling at a middle S$2,560 psf. This is what each has actually sold for in the last twelve months, and how much is left.
Swipe the table sideways to see every column.
| Project | Distance | Middle new-sale price | Sold | Unsold |
|---|---|---|---|---|
| PenrithCondo · 99 years | this page | S$2,790 psf455 sales, 12 mo | 455 of 462 | 7 |
| Bloomsbury ResidencesCondo · 99 years | 1.5 km | S$2,560 psf118 sales, 12 mo | 319 of 358 | 39 |
| Hudson Place ResidencesCondo · 99 years | 1.5 km | S$2,480 psf206 sales, 12 mo | 221 of 327 | 106 |
| Upperhouse At Orchard BoulevardCondo · 99 years | 1.8 km | S$3,500 psf46 sales, 12 mo | 247 of 301 | 54 |
| Park NovaCondo · Freehold | 2.1 km | fewer than 5 sales | 54 of 54 | 0 |
| The Hill @One-NorthCondo · 99 years | 2.2 km | S$2,420 psf9 sales, 12 mo | 141 of 142 | 1 |
| Grange 1866Condo · Freehold | 2.3 km | S$3,270 psf6 sales, 12 mo | 59 of 60 | 1 |
| LyndenwoodsCondo · 99 years | 2.3 km | S$2,520 psf7 sales, 12 mo | 343 of 343 | 0 |
| Blossoms By The ParkCondo · 99 years | 2.4 km | S$2,400 psf11 sales, 12 mo | 275 of 275 | 0 |
Middle new-sale price is the median of the caveats on record for the last twelve months; a project with fewer than five prints none. Sold and unsold counts are from URA’s developer sales report for Aug 2026. Executive condos carry eligibility rules and sell at a discount to private condos, so compare them with that in mind.
Each with its own sold-for table and sales pace, side by side.
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The launch premium, and whether it held
We do not rate Penrith — there is no resale record to rate it against yet. What we can show is what buyers have actually paid here, and what happened to buyers at earlier launches. A new launch always asks more than the resale condos around it. The question a buyer cannot answer today is whether that gap closes, holds or widens by the time the keys are handed over. Two things we can show: the gap here, and what happened to it at the launches of 2021–22.
The gap today
S$2,790 psf
455 salesS$2,320 psf
245 resales in 9 condosThe nine condos: Queens Peak, Commonwealth Towers, Queens, Alexis, Stirling Residences, Margaret Ville, The Anchorage, Tanglin Regency, Tanglin Park. Part of the gap is age and remaining lease, not only the new-launch premium.
Did earlier launches hold their price?
Of 26 Singapore launches that sold in 2021–22 and have resold in the last twelve months, 23 now resell at or above their launch price; the mean change is +11%. 3 do not.
In District 3, Avenue South Residence sold new at S$2,300 psf and resells at S$2,180, down 5% on 45 resales.
All 26 launches, then and now, with the market index beside them →
The same table narrowed to the Rest of Central Region launches of 2021–22, with their own mean change.
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What it costs all-in
The price is not the bill. Buyer’s stamp duty is paid within 14 days of the option, additional buyer’s stamp duty depends on who you are, and an uncompleted unit is paid for in stages as it is built. Pick a unit size and a buyer profile; the figures start from what that size has actually sold for here.
What resale costs around here today
Nearby resale prices (guide)
S$2,250 psf
That is the middle price per square foot across the 6 condos within 800 m of Penrith that we rate AND that have traded recently enough to carry a median — each figure that project’s own. A new project usually asks more than the resale stock around it, so read this as the floor under the asking price, not as a forecast of it.
27 units in the eight condos within 1 km are asking below what similar-sized units in their own building have sold for. Ten of them are at Queens Peak, six at Margaret Ville, four at Stirling Residences, three at Commonwealth Towers, two at Alexis and two at Tanglin Park. Show me the 27
The rated buildings nearby
The 6 condos we rate closest to Penrith. The A–E chip grades the building on its own transacted record — it is not a reading of this project. 1 of them are numbered on the map; the rest sit beyond its edge.
© contributors | Singapore Land AuthorityWho is building it, and when it will be ready
- Developer
- Margaret Rise Development Pte Ltd
- Expected TOP
- 2029, as published by URA
- Address
- Margaret Drive, Singapore 149927
- Units
- 462 apartments
- Tenure
- 99 years from 2024
- District
- 3 · Tiong Bahru / Alexandra · RCR
Sources: URA’s Private Residential Property Pipeline and Developer Sales datasets, through URA’s Data Service. Nearby resale figures are our own, from caveats lodged with the Urban Redevelopment Authority.
PriceVero is an independent information page. We are not the developer, the marketing agent or HDB, and we do not sell or market this project. The facts here come from public sources named on this page and were last checked on 16-09-2026; launch dates, prices and unit counts can change, so confirm with the developer or HDB before relying on them. Nearby resale figures are medians from public transaction records, not a valuation of this project.
Getting there
- Nearest MRT
- Queenstown · 320 m in a straight line · about 5 min walk (estimated)
We have not measured the walking route; the estimate is a straight line.
Is this price low, in line, or high? Name any condo or apartment and the price you are weighing. We check it against what units in that project have actually sold for — the walk to the station, the schools and the remaining lease included.
Free — sign in and the rating is on the screen. The size comes from the project’s own transacted record, so a typo cannot hand you a confident wrong answer. Want the longer form, with floor, size and the stamp duty? Open the price check. Holding a listing link instead? Paste it here. Not a valuation — a reading of a price against the evidence.
Frequently asked
What does Penrith cost?
Units at Penrith have sold for between S$1.44m and S$3.94m, at a middle S$2,790 per square foot, across 455 sales on record from Oct 2025 to Sep 2026. A 600–899 sq ft unit has cost about S$1.88m. The table above shows each unit size.
How many units are left at Penrith?
7 of 462 units are left — the balance units — as at Aug 2026. 455 have sold, 446 of them in the launch month, October 2025. The developer's sales report is published monthly, so this figure moves.
When is Penrith expected to be completed (TOP)?
URA publishes an expected TOP of 2029 for Penrith. That is URA's own year, not an estimate of ours — we never work out a completion date. The project launched in October 2025.
Who is the developer of Penrith?
URA lists the developer as Margaret Rise Development Pte Ltd. We are not the developer or the marketing agent, and we do not sell or market this project — these facts come from public records.
When did Penrith launch, and at what price?
Penrith launched in October 2025. 446 of its 462 units sold that month. Its launch price works out at a middle S$2,790 per square foot across every sale on record since.
Is Penrith a good buy?
We do not rate Penrith — there is no resale record here yet. What we can show is what buyers have paid, and what happened at earlier launches: of 26 launches of 2021–22, 23 now resell at or above their launch price.
How does Penrith compare with other new launches nearby?
Within 3 km: Bloomsbury Residences, a private condo 1.5 km away, has sold at a middle S$2,560 psf; Hudson Place Residences, a private condo 1.5 km away, has sold at a middle S$2,480 psf.
What does this page not have?
We do not publish floor plans, site plans, brochures or showflat appointments for Penrith — those come from the developer's appointed agents. What we publish is the record: what each unit size has sold for, and how many units are left.
How far is Penrith from an MRT station?
The nearest station is Queenstown MRT, about 320 m from Penrith in a straight line. We have not measured the walking route, so we estimate it at a 5-minute walk; the real one can only be longer.
Contains information from the Urban Redevelopment Authority (URA), made available under the Singapore Open Data Licence.