QUEENSTOWN / MARGARET DRIVE
Penrith
A contemporary residential development combining elevated garden spaces, family-oriented amenities and urban convenience.
Development Information
01 / DETAILS
Address
70–72 Margaret Dr, S 149926/7
District / Region
D10 · Central
Property Type
Condo
Tenure
99 Years (4 Nov 2024)
Residential Units
462
Blocks / Storeys
2 Blocks · 40 Storeys
Land Area
102,497 sqft
Anticipated Handover
1 Apr 2029
Vacant Possession By
1 Apr 2031
Legal Completion
1 Apr 2034
Developer
Margaret Rise Development Pte Ltd
(GuocoLand · Hong Leong Holdings · Hong Realty)
Architect
ADDP Architects
Main Contractor
Lian Beng Construction (1988)
Queenstown MRT
Queenstown (EW19) · ~750m
Development Highlights
02 / HIGHLIGHTS
01 / LAND
Government Land Sale
GLS Aug 2024 · Land bid $497M ($1,154 PSF PPR).
02 / SUSTAINABILITY
Green Mark Platinum SLE
Provisional Green Mark Platinum Super Low Energy recognition.
03 / LANDSCAPE
Rooftop Sky Gardens
Elevated landscaped spaces complementing the residential towers.
Facilities & Lifestyle
03 / LIFESTYLE500sqm Childcare Centre
Tennis Court
Click the site plan to enlarge.
Location & Connectivity
04 / LOCATION
Queenstown Residential Precinct
Margaret Drive Neighbourhood Amenities
Commonwealth Town Centre
Alexandra Retail & Lifestyle Precinct
Schools
05 / EDUCATION70 Margaret Drive
WITHIN 1KM
New Town Primary School
Queenstown Primary School
WITHIN 1–2KM
Alexandra Primary School
Gan Eng Seng Primary School
72 Margaret Drive
WITHIN 1KM
New Town Primary School
Queenstown Primary School
WITHIN 1–2KM
Alexandra Primary School
Blangah Rise Primary School
Gan Eng Seng Primary School
CURRENT LISTINGS
Prices & Floor Plans
Penrith
Price List Updated: 23 September 2026
·
Availability Last Checked: 24 October 2026
| NO | LEVEL | ROOM | BATH | SQF | LIST PRICE | NETT PRICE | SAVINGS | % | PSF | SPOTLIGHT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1* | 32 | 2 | 1 | 614 | $1,853,000.00 | $1,788,000.00 | $65,000.00 | 3.51% | $2,912.05 | ↓PRICE+PSF 2BR |
| 2 | 35 | 2 | 1 | 614 | $1,874,000.00 | $1,792,000.00 | $82,000.00 | 4.38% | $2,918.57 | ↑3FLR@+$4K($1.33K/FLR)* |
| 3 | 36 | 2 | 1 | 614 | $1,881,000.00 | $1,794,000.00 | $87,000.00 | 4.63% | $2,921.82 | ↑4FLR@+$6K($1.5K/FLR)* |
| 4 | 37 | 2 | 1 | 614 | $1,888,000.00 | $1,796,000.00 | $92,000.00 | 4.87% | $2,925.08 | ★BEST BUY·↑5FLR@+$8K($1.6K/FLR)* |
Click the LEVEL number to view the corresponding floor plan.
Prices, availability, promotions and other information are subject to change without prior notice. Please contact Rozieanna G. (R061897J) for the latest developer-confirmed pricing and availability.
DISCLAIMER
Information is provided for general reference only and is subject to change. Prices, availability, measurements, PSF, savings, school/MRT proximity and other particulars should be independently verified. “Spotlight”, “Best Buy” and other commentary are general analyses, not investment, financial or professional advice. Users should conduct their own due diligence and seek appropriate professional advice before making any decision. Please contact Rozieanna G. (R061897J) for the latest developer-confirmed pricing and availability. Full Disclaimer applies.