Penrith rent and sale price
D03 / Queenstown, Tiong Bahru
Address 72 Margaret Drive Penrith (U/C) Singapore 149927
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Apartment 452 transactions 99-year leasehold from 2024 Latest records Jun 2026
Similar projects nearby
Project read
Quick summary about Penrith
Penrith is a 99-year leasehold apartment in D03 / Queenstown, Tiong Bahru. The page currently tracks 0 rentals and 452 sales.
- No project-specific rent data is loaded yet, so use nearby projects and district rental comps before judging rent.
- Typical sale price is $2,316,000, with median sale PSF at $2,794 psf and total recorded sale value of $1.1B.
- Rent trend is not available yet. Sale PSF is up 8.0% over the last 3 months.
Penrith Market Position
How this project compares with the wider D03 market before you read the detailed tables.
Rent vs D03 Building
Rent comparison still building
Project rent or district rent is still too thin for a clean rent-vs-district comparison.
Sale PSF vs D03 +17.4%
Sale PSF above district median
Penrith's median sale PSF is $2,794 psf versus the D03 median of $2,379 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support Building
Yield comparison still building
Gross yield needs both rent and sale evidence, so this signal will improve when both sides have deeper project records.
Rent stability Limited data
Stability still building
There are not enough recent monthly records to judge rent stability cleanly.
Market activity 452
Volume still building
452 transactions were recorded in the latest 6-month view.
Tenure lens 99-year leasehold
Leasehold comparison needed
99-year leasehold from 2024 matters most on sale price. Compare Penrith against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Penrith Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent No rent data
Is the asking rent fair?
There is no project rent anchor yet. Use similar nearby projects and D district rents first.
Median sale PSF $2,794 psf
Is the purchase price fair?
$2,250,000 to $2,390,000 and $2,710 to $2,880 psf are the first sale checks before adjusting for floor, size, view and condition.
Unit-size anchor Not available
Are similar units renting for more?
Bedroom and floor-area splits are not available yet, so nearby project pages matter more.
Rent stability Limited data
Is rent stable here?
Stability still building. There are not enough recent monthly records to judge rent stability cleanly.
Transaction volume 452
Is activity rising?
Volume still building. 452 transactions were recorded in the latest 6-month view.
Run Penrith numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield Add rent Test gross and net yield against typical rent. Buy vs rent $2.3M Compare ownership cost against renting. Mortgage $2.3M Estimate monthly payment from the sale price. Stamp duty $2,794 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Penrith Project Facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 2024
Property type Apartment
Sales 452 new sale transactions
Total sold value $1.1B
Penrith Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 0 Not available
Sale transactions 452 Oct 2025 to May 2026
Rent trend Not available No rent benchmark
Sale PSF trend 8.0% Last 3 months
Penrith Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
QUEENSTOWN MRT STATION (EW19) 0.32 km away
REDHILL MRT STATION (EW18) 1.12 km away
COMMONWEALTH MRT STATION (EW20) 1.38 km away
Schools nearby
QUEENSTOWN PRIMARY SCHOOL 0.13 km away
QUEENSTOWN SECONDARY SCHOOL 0.56 km away
ASCENCIA INTERNATIONAL SCHOOL 0.71 km away
AVONDALE GRAMMAR SCHOOL (PRIMARY & MIDDLE YEARS CAMPUS) 0.71 km away
Amenities
FORUM THE SHOPPING MALL Mall / retail · 2.5 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 3.51 km away
ALEXANDRA-QUEENSWAY PARK CONNECTOR Park / green link · 1 km away
MARGARET DRIVE HAWKER CENTRE Food centre · 0.48 km away
Penrith Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent No rent benchmark No rental trend yet
Latest median sale PSF $2,918 psf 452 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 0 - 2 $2,918 psf $1,790,500
Mar 2026 0 - 1 $3,072 psf $3,935,000
Jan 2026 0 - 1 $3,028 psf $3,878,000
Dec 2025 0 - 1 $3,062 psf $3,922,000
Nov 2025 0 - 8 $2,803 psf $2,147,000
Oct 2025 0 - 439 $2,791 psf $2,313,000
Projects Similar to Penrith
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2018 Riviere 2.9 km away 795 transactions
- Median rent
- $7,000
- Median sale PSF
- $2,857 psf
- Median rent
- $4,400
- Median sale PSF
- $2,601 psf
- Median rent
- -
- Median sale PSF
- $2,942 psf
- Median rent
- $4,300
- Median sale PSF
- $2,631 psf
- Median rent
- -
- Median sale PSF
- $3,050 psf
- Median rent
- $4,500
- Median sale PSF
- $2,303 psf
Penrith Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
No bedroom rental split is available for this project yet.
Penrith Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
No floor-area rental split is available for this project yet.
Penrith Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $2,111,500 $2,602 psf 48
06 to 10 $2,165,500 $2,674 psf 60
11 to 15 $2,210,500 $2,734 psf 60
16 to 20 $2,241,500 $2,770 psf 60
21 to 25 $2,291,000 $2,833 psf 60
26 to 30 $2,339,000 $2,886 psf 60
31 to 35 $2,438,500 $2,948 psf 56
36 to 40 $2,483,500 $3,007 psf 48
Penrith Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
No rental rows are available.
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent check
If you are renting
Penrith does not currently have project-specific rent data loaded. Treat this page as a sale and location reference, then compare rent against similar nearby projects and the wider D03 rental market.
Median rent No rent data
Rentals 0
Rent signal Missing
- Do not anchor rent to a blank project median.
- Use bedroom count, floor area and nearby project pages before accepting an asking rent.
Offer check
If you are buying
Recent sales at Penrith point to a typical sale price of $2,316,000 and $2,794 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $2,316,000
Median PSF $2,794 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 2024 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Penrith has 452 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $1.1B
Latest record May 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D03 to compare Penrith against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Penrith FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Penrith?
Penrith does not currently have project-specific rent data loaded, so rent should be checked against nearby project and district rental comps.
What is the typical sale price at Penrith?
The median sale price for Penrith is $2,316,000, based on 452 sales on this page.
What is the median sale PSF at Penrith?
The median sale price per square foot for Penrith is $2,794 psf. The average sale PSF is $2,796 psf.
Is Penrith freehold or leasehold?
Penrith is listed as 99-year leasehold from 2024. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Penrith located?
Penrith is located at 72 Margaret Drive Penrith (U/C) Singapore 149927 in D03 / Queenstown, Tiong Bahru.
How current is the Penrith transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.