







SHOWFLAT PREVIEW – BOOK YOUR SLOT NOW! Call/Whatsapp 8101 XXXX ! Penrith @ Margaret Drive brings a rare new launch to Queenstown after eight years, combining city-fringe convenience with lasting value. Prime Connectivity • 5-minute walk to Queenstown MRT • Easy access to major expressways • Close to lifestyle hubs: IKEA, Anchorpoint, Queenstown Shopping Centre, Mei Ling Market Nature & Wellness • Steps to Alexandra Canal Linear Park, linking to HortPark and the Rail Corridor • Scenic trails for running, cycling, and mindful walks Reputable Schools Nearby Queenstown Primary, New Town Primary, Queensway Secondary, Crescent Girls’ School Refined Living • One- to four-bedroom residences with generous layouts, natural light, and panoramic city or garden views • Thoughtful design marrying elegance, comfort, and heritage charm Strong Investment Potential • First new condominium in Queenstown in almost a decade • Limited future land supply ensures long-term value • Close to key employment hubs—CBD, one-north, Mapletree Business City, Alexandra Technopark—appealing to professionals and expatriates Experience a sanctuary where connectivity, nature, and sophistication meet. Secure your appointment today, more information, please contact Sophia 8101 XXXX. PRELIMINARY INFO: Developer(s): Hong Leong Holdings & GuocoLand Site Area: 102,497 SQFT (Approx) District: 03 Address: Margaret Drive Total Units: 462 Unit Types: From 2 to 4BR Tower: 2 Tower Blocks Height: 40 Storeys Child Care: 500 SQM (Approx) ESTIMATE UNIT SIZES ▪️2B1B - 614 SQFT (2 Stacks) ▪️2B2B - 678 SQFT (2 Stacks) ▪️3BR - 786 SQFT / 850 SQFT / 936 SQFT / 1066 SQFT (5 Stacks) ▪️4BR - 1173 SQFT / 1281 SQFT (3 Stacks)
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3010738A
Automated Valuation based on 1167 URA transactions · 16 outliers removed (IQR)
Fair Value
S$1.60M
S$2,037 psf
Asking Price
S$1.98M
S$2,519 psf
vs Market
+23.6%
Confidence
High
1167 comps
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
1167 comparable transactions
S$2,037
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.000
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$2,037
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.