overview
The details, clearly.
- Developer
- Margaret Rise Development Pte Ltd
- Address
- 70 and 72 Margaret Drive, Singapore
- District
- D03
- Tenure
- 99 years from 4 November 2024
- Site Area
- 9,522.30 sqm / about 102,497 sqft
- Plot Ratio
- 4.53 gross
- Blocks and Storeys
- 2 blocks of 40-storey apartments with rooftop garden, basement carpark, 2-storey MSCP, communal facilities and early childhood development centre
- Total Units
- 462 residential units
- Carpark
- Refer to source sales pack
- Expected TOP
- Anticipated handover 1 April 2029; vacant possession no later than 1 April 2031
- Launch date
- Not stated in available source files
- Architect
- ADDP Architects LLP
- Interior Designer
- AXIS.ID Pte Ltd
- Landscape Designer
- Coen Design International
- C&S Consultant
- KCL Consultants Pte Ltd
- M&E Consultant
- United Project Consultants Pte Ltd
- Main Contractor
- Lian Beng Construction (1988) Pte Ltd
location
A closer look at the neighbourhood.
Location and Connectivity
MRT
Queenstown MRT
Source brochure states about 330m / 4 minutes' walk.
Roads
PIE / AYE
Source brochure highlights Queenstown access to PIE and AYE.
Retail
Orchard Road / Alexandra / Queenstown
The source brochure positions Orchard Road about 5 minutes' drive away.
Parks
Southern Ridges / HortPark / Botanic Gardens
Green spaces are referenced in the source brochure.
Higher resolution: Open source site plan image →
9. SCHOOLS
Schools Nearby
| Primary / Nearby | Queenstown Primary School, New Town Primary School, Gan Eng Seng Primary School |
|---|---|
| Secondary / Tertiary | Alexandra Primary School |
| Distance note | School distance and priority admission should be re-checked against OneMap and current MOE rules before purchase. |
Lifestyle and Amenities
Daily Convenience
Arrival court, Garden alcove
Outdoors
Tennis court, Clubhouse
Dining
Swimming pool zone, Rooftop garden
Retail
Sky dining terrace, Yoga lawn
Community
Children's play zone, Early childhood development centre
Wellness
Refer to source sales pack for the full amenities schedule.
homes
Find your space.
Unit Mix and Sizes
| Type | Size | Units | % of Total |
|---|---|---|---|
| 2 Bedroom Type (2)a | 614 sqft | 76 units | 16.5% |
| 2 Bedroom Premium Type (2)b | 678 sqft | 78 units | 16.9% |
| 3 Bedroom Type (3)a/(3)b | 786-850 sqft | 117 units | 25.3% |
| 3 Bedroom Premium/Yard Type (3)c/(3)d | 936-1,066 sqft | 77 units | 16.7% |
| 4 Bedroom Type (4)a | 1,173 sqft | 76 units | 16.5% |
| 4 Bedroom Premium Type (4)b | 1,281 sqft | 38 units | 8.2% |
| Total | 614 sqft+ | 462 residential units | 100% |
Source note: Unit mix and sizes are taken from local source project files. Confirm final availability and strata areas against the developer sales pack.
6. INDICATIVE PRICING
Site Plan
Actual source site plan · subject to developer confirmation
Floor Plans (Selected)
Representative plans by unit type. Download the full PDF below for the complete source-derived floor plan pack.
2 Bedroom Type (2)a
2 Bedroom Premium Type (2)b
3 Bedroom Type (3)a
3 Bedroom Premium Type (3)c
4 Bedroom Type (4)a
4 Bedroom Premium Type (4)b
Full Floor Plans PDF
All available source floor plans for detailed stack shortlisting.
Elevation and Stack Chart
Elevation and stack chart · source-derived · subject to developer confirmation
facilities
Space beyond your front door.
Facilities
Arrival courtGarden alcoveTennis courtClubhouseSwimming pool zoneRooftop gardenSky dining terraceYoga lawnChildren's play zoneEarly childhood development centreArrival LobbyDrop-offSwimming PoolPool DeckFunction RoomResidents' LoungeGymnasiumChildren's PlayBBQ PavilionLandscape DeckGarden SeatingReading CornerOutdoor DiningFitness ZoneFamily SpacesManagement OfficeBicycle ParkingAccessible FacilitiesCarparkEV LotsSecurityMail RoomSide GateQuiet GardenSocial DeckWater Feature
15. GALLERY
Gallery
Sustainability and Specifications
BCA Green Mark Platinum Super Low Energy provisional certification, pneumatic waste conveyance and landscaped deck/roof facilities are stated in the source factsheet.
- Source discipline - only available source details are shown.
- Specifications - confirm final appliances, finishes and provisions in the developer sales pack.
- Mobility - MRT, road and neighbourhood access should be checked against current site conditions before purchase.
pricing
Understand the numbers.
These are previously published references, not a live price list. Confirm current pricing and availability before relying on them.
Indicative Pricing
2 Bedroom Type (2)a from
Not stated
2 Bedroom Premium Type (2)b from
Not stated
3 Bedroom Type (3)a/(3)b from
Not stated
3 Bedroom Premium/Yard Type (3)c/(3)d from
Not stated
4 Bedroom Type (4)a from
Not stated
4 Bedroom Premium Type (4)b from
Not stated
Pricing note: The local source files reviewed for this run do not include a released official price list; pricing is treated as not stated in available source files.
7. WHY BUYERS ARE WATCHING
documents
The source details.
Project Factsheet
A shareable 2-page PDF snapshot of everything on this page - bring it to viewings, forward it to family.
20. DOWNLOAD PACK
Download the Full Sales Pack
PDF · 2 pages
Penrith Factsheet
2-page LovelyHomes project factsheet - share with family, bring to viewings.
Download FactsheetPDF · floor plans
Full Floor Plans
Representative and full source-derived floor plans for shortlisting stacks.
Download Floor PlansSource · site plan
Site Plan
Actual source site plan image used on this project page.
Download Site PlanDeveloper and Consultant Team
Margaret Rise Development Pte Ltd
Penrith source materials identify the developer and consultant team below. Buyers should confirm final contractual parties in the official sales documents.
| Architect | ADDP Architects LLP |
| Interior Designer | AXIS.ID Pte Ltd |
| Landscape Designer | Coen Design International |
| C&S Consultant | KCL Consultants Pte Ltd |
| M&E Consultant | United Project Consultants Pte Ltd |
| Main Contractor | Lian Beng Construction (1988) Pte Ltd |
Project Timeline
Lease starts
4 November 2024
BP approval
29 August 2025
Anticipated handover
1 April 2029
Vacant possession deadline
1 April 2031
Legal completion deadline
1 April 2034
Page content last updated 11 Sep 2026. Document dates and pricing references may be earlier. A page update does not confirm every project fact.
questions
Your questions, answered.
Where is Penrith located?
70 and 72 Margaret Drive, Singapore
Who is the developer?
Margaret Rise Development Pte Ltd
When is Penrith expected to be completed?
Anticipated handover 1 April 2029; vacant possession no later than 1 April 2031
What unit types are available?
2 Bedroom Type (2)a (614 sqft); 2 Bedroom Premium Type (2)b (678 sqft); 3 Bedroom Type (3)a/(3)b (786-850 sqft); 3 Bedroom Premium/Yard Type (3)c/(3)d (936-1,066 sqft); 4 Bedroom Type (4)a (1,173 sqft); 4 Bedroom Premium Type (4)b (1,281 sqft)
What are indicative prices at Penrith?
The local source files reviewed for this run do not include a released official price list; pricing is treated as not stated in available source files.
How is the connectivity?
Source brochure states about 330m / 4 minutes' walk.
What facilities are included?
Arrival court, Garden alcove, Tennis court, Clubhouse, Swimming pool zone, Rooftop garden, Sky dining terrace, Yoga lawn, Children's play zone, Early childhood development centre, Arrival Lobby, Drop-off
Is it freehold or leasehold?
99 years from 4 November 2024
Which schools are nearby?
Queenstown Primary School, New Town Primary School, Gan Eng Seng Primary School, Alexandra Primary School
What makes Penrith different?
Queenstown MRT is stated at about 4 minutes' walk in the source brochure. Source factsheet states 462 homes in two 40-storey blocks. BCA Green Mark Platinum Super Low Energy provisional certification is listed.
