Penrith 97% Sold at Queenstown’s First Private Residential Launch Since 2018

Singapore, 18 October 2025 – As at 4pm today, 97% or 447 units of the 462-unit Penrith were snapped up at prices ranging from S$2,435 to $3,088 per square foot (psf). The project is jointly developed by Hong Leong Holdings Limited, Hong Realty and GuocoLand Limited. This marks the first private residential launch in Queenstown since 2018 and Hong Leong …
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Hong Leong Holdings Launches Penrith, the First Residential Development in Margaret Drive, Queenstown in Seven Years

Singapore, 1 October 2025 – Queenstown is set to welcome a new landmark with the launch of Penrith, a 462-unit residential development jointly developed by Hong Leong Holdings Limited, Hong Realty (Private) Limited, and GuocoLand Limited. Marking the first private residential launch in Queenstown since 2018, Penrith underscores the rarity of new homes in this legacy estate. It is also …
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