Promenade Peak
166 units available
$2,849–$3,462 psf
72% sold
Gallery
Penrith in D03 — 8 developer images. Select any image to view it full size.
Artist impressions and marketing images are supplied by the developer and compiled by PropertyInsider.sg. They are indicative only, may show upgraded finishes or landscaping that is not part of the standard specification, and are not a representation of the completed development. Verify the specification against the developer’s sales documents.
Overview
Penrith is a 462-unit 99-year leasehold condominium in D03 (RCR, Central region), developed by Hong Leong Holdings / City Developments Limited (CDL), with TOP expected in 2031. The land was secured through a URA Government Land Sales tender in August 2024 at $1,154 psf ppr.
The site sits about 0.33 km in a straight line from Queenstown (EW19), roughly 5 minutes on foot. Matched developer-sale transactions put take-up at 98% — 454 of 462 units, at an average of $2,795 psf.
98% sold
454 of 462 units sold · 8 still available
This overview is generated from PropertyInsider.sg’s tracked record for this project — URA tender data, matched caveat transactions and public filings — not from developer marketing material. Figures as at 15 Aug 2026. Anything marked (est.) is our estimate and is explained where it appears.
Details
The full tracked record for Penrith, field by field. Every figure here is repeated in context further down the page, with its source and its caveats.
- Property type
- Condo
- Project status
- Selling
- Developer
- Hong Leong Holdings / City Developments Limited (CDL)
- District
- D03 · RCR · Central
- Tenure
- 99 years
- Total units
- 462
- Site area
- 9,522 sqmest.102,498 sqft · derived from GFA ÷ plot ratio
- Gross floor area
- 39,994 sqm
- Plot ratio
- 4.2
- Land cost
- $1,154 psf pprURA GLS tender, August 2024
- Estimated breakeven
- $2,026 psf pprest.
- Average psf (transacted)
- $2,795
- Units sold
- 98%454 of 462 · 8 available
- Entry price
- $1.44MSmallest layout, lowest transacted quantum
- Bedroom mix
- 2, 3, 4 bedroom
- Size range
- 614 - 1,281 sqft (57 - 119 sqm)
- Expected TOP
- 2031
- Nearest MRT
- Queenstown EW19 · 0.33 km · ~5 min walk
- HDB upgrader share
- 27.5%Of matched buyers with a prior HDB address
- Coordinates
- 1.29580, 103.80870
Compiled by PropertyInsider.sg from URA tender records, matched caveat transactions and public filings; last refreshed 15 Aug 2026. Values marked (est.) are our estimates — the launch-price method is set out in our pricing methodology.
Estimated launch pricing
Land attributes
Estimated breakeven
Estimates are anchored on the site's estimated breakeven rate and a measured developer margin band; developers make final pricing decisions. Indicative quantums apply the estimated psf range to typical unit sizes — not a price list.
Location and connectivity
Where Penrith sits on the map, with its district, market segment and nearest station on the rail network. The nearest MRT station is Queenstown (EW19), about 0.33 km away in a straight line, roughly 5 minutes on foot. The dashed rings on the map mark straight-line 1 km and 2 km radii from the site.
Penrith is located at 1.29580, 103.80870 in D03, Singapore. The interactive map loads when this section comes into view.
- District
- D03 · Central · RCR
- Nearest MRT
- Queenstown EW19 · 0.33 km · ~5 min walk
- Coordinates
- 1.29580, 103.80870
- Tenure
- 99 years
- Site status
- Selling
Open this location in Google Maps·Every tracked launch on one map·Primary schools map
The marker is an approximate site centroid compiled by PropertyInsider.sg, not a surveyed boundary. Station distances are straight-line, measured from the site centroid to the midpoint of a station’s published exits (LTA MRT/LRT exits dataset) — not the distance to the nearest exit, and not a walking route. Walking times are an estimate only and are omitted beyond 2 km. Base map tiles are © OneMap / Singapore Land Authority. Verify exact addresses, boundaries and journey times with the developer or on OneMap.
What is nearby
The places that actually shape how this address lives day to day — stations, schools, food, shops, green space, healthcare and the nearest employment nodes — with a straight-line distance and an estimated walk and drive for each. Use the buttons below to hide a category on the map above and in this table at the same time.
| Place | Straight line | On foot | By car |
|---|---|---|---|
| Queenstown Primary SchoolP1 vacancies available | 0.09 km | 1 min | — |
| Queenstown MRTEW19 · East West Line | 0.33 km | 5 min | — |
| Dawson PlaceShopping mall | 0.44 km | 7 min | — |
| Margaret Drive Hawker CentreHawker centre · 38 cooked-food stalls | 0.48 km | 7 min | — |
| Queenstown Secondary SchoolSecondary | 0.56 km | 8 min | — |
| Mei Chin Road MarketHawker centre · 47 cooked-food stalls | 0.71 km | 11 min | — |
| Queenstown Sport CentreActiveSG sport centre | 0.71 km | 11 min | — |
| Melbourne International SchoolInternational school | 0.77 km | 12 min | — |
| Kindle Kids International SchoolInternational school | 0.85 km | 13 min | 2 min |
| Queensway Secondary SchoolSecondary | 0.87 km | 13 min | 3 min |
| AnchorpointShopping mall | 0.89 km | 13 min | 3 min |
| Queenstown PolyclinicPublic polyclinic · National University Polyclinics | 0.90 km | 14 min | 3 min |
| Queenstown CCCommunity club | 0.90 km | 14 min | 3 min |
| Leng Kee CCCommunity club | 0.92 km | 14 min | 3 min |
| ABC Brickworks Market/Food CentreHawker centre · 96 cooked-food stalls | 0.99 km | 15 min | 3 min |
| Alexandra CentralShopping mall | 1.01 km | 15 min | 3 min |
| Crescent Girls' SchoolSecondary · Girls | 1.02 km | 15 min | 3 min |
| New Town Primary SchoolP1 vacancies available | 1.07 km | 16 min | 3 min |
| Queensway Shopping CentreShopping mall | 1.09 km | 16 min | 3 min |
| Redhill MRTEW18 · East West Line | 1.17 km | 18 min | 3 min |
| Alexandra HospitalPublic acute or specialist hospital | 1.31 km | 20 min | 4 min |
| Gan Eng Seng Primary SchoolP1 vacancies available | 1.31 km | 20 min | 4 min |
| Commonwealth MRTEW20 · East West Line | 1.36 km | 20 min | 4 min |
| Sbg Lc Zone 1 (Tnc)Park · 41 ha | 1.76 km | 26 min | 5 min |
| Alexandra Primary SchoolVery high P1 demand | 1.77 km | 26 min | 5 min |
| Telok Blangah Hill ParkPark · 36 ha | 1.91 km | 29 min | 6 min |
| S P Jain School of Global Management SingaporeOverseas business school | 1.94 km | 29 min | 6 min |
| Sbg Lc Zone 3 (Nog/Pv)Park · 11 ha | 1.99 km | 30 min | 6 min |
| NTU@one-northAutonomous university | 2.27 km | — | 7 min |
| one-northBusiness and innovation park | 2–5 km | — | 10–20 min |
| Mapletree Business CityBusiness and innovation park | 2–5 km | — | 10–20 min |
| Tanjong PagarCentral business district | 2–5 km | — | 10–20 min |
No categories selected. Pick one above, or .
32 places shown Every distance here is a straight line between two points, not a walking or driving route, and each place is a single representative coordinate — a park or a business district is one point, not its nearest entrance. Treat them as a ranking of what is close, not as journey times. Verify anything you are relying on with OneMap. Primary-school bands carry their own MOE caveat in the schools section below.
Distances are straight lines from an approximate site centroid compiled by PropertyInsider.sg, not walking or driving routes, and each place is a single representative coordinate. Walking times are an estimate only, at an 80 m/min pace with a 1.2× allowance for street routing, and are omitted beyond 2 km. Verify anything you are relying on with OneMap.
Bedroom types and unit prices
Matched developer-sale transactions by bedroom type: average price, average psf, transacted price range, size range and units sold. Entry prices usually reflect lower floors or less ideal facings.
| Type | Avg price | Avg psf | Transacted range | Size range | Units sold | Available |
|---|---|---|---|---|---|---|
| 2 Bedroom | $1.78M | $2,753 | $1.44M – $2.06M | 614 – 678 sqft | 146 sold | 8 left614 sqft |
| 3 Bedroom | $2.47M | $2,790 | $1.98M – $3.22M | 786 – 1,066 sqft | 194 sold | Sold out |
| 4 Bedroom | $3.46M | $2,858 | $3.08M – $3.94M | 1,173 – 1,281 sqft | 114 sold | Sold out |
Prices, sizes and unit counts are compiled unit by unit from the Tower View extraction dated 30 Jul 2026. Sold figures cover transacted units only; the available column counts unsold units of the same type. Averages vary by floor, stack and facing — ranges matter more than any single number.
Site map
The published site plan for Penrith — block placement, facing, and where the facilities sit relative to each stack. Select a plan to view it full size.
Site plans are developer marketing material compiled by PropertyInsider.sg. Block positions, unit counts, facing and facility placement are indicative and can change between the marketing plan and the approved building plan. Confirm against the developer’s sales documents and the approved plans before relying on a stack, facing or distance.
Tower view — what is still available
Every unit in Penrith, floor by floor and stack by stack: which are sold, which are still available, and what the sold ones transacted at. 8 of 462 units were unsold at the last extraction.
Total units4622 towers tracked unit by unit
Sold45498% of the development
Still available8Unsold at last check
Latest transaction30 Jul 2026Most recent caveat in the grid
Stack010203040506
Storey40
Storey39
Storey38
Storey37
Storey36
Storey35
Storey34
Storey33
Storey32
Storey31
Storey30
Storey29
Storey28
Storey27
Storey26
Storey25
Storey24
Storey23
Storey22
Storey21
Storey20
Storey19
Storey18
Storey17
Storey16
Storey15
Storey14
Storey13
Storey12
Storey11
Storey10
Storey9
Storey8
Storey7
Storey6
Storey5
Storey4
Storey3
Storey2
Available unitsSold unitsNo unit at this positionFloors read top-down, stacks left to right — the grid is the elevation.
Sold price:under $2,671 psfaround $2,755–$2,835 psfover $2,928 psfAvailable units stay unshaded — they have no transacted price.
Select any unit for its size, layout and — where it has sold — the transacted price and date. Availability reflects the most recent extraction and can change without notice; confirm with the developer before acting on it.
| Tower | Stack | Layout | Units | Sold | Available | Median psf |
|---|---|---|---|---|---|---|
| Tower 70 | 01 | 2BR | 39 | 39 | — | $2,802 |
| Tower 70 | 02 | 3BR | 39 | 39 | — | $2,807 |
| Tower 70 | 03 | 4BR | 38 | 38 | — | $2,869 |
| Tower 70 | 04 | 2BR | 38 | 30 | 8 | $2,806 |
| Tower 70 | 05 | 4BR | 38 | 38 | — | $2,883.5 |
| Tower 70 | 06 | 3BR | 39 | 39 | — | $2,823 |
| Tower 72 | 07 | 2BR | 39 | 39 | — | $2,712 |
| Tower 72 | 08 | 3BR | 39 | 39 | — | $2,738 |
| Tower 72 | 09 | 3BR | 38 | 38 | — | $2,818 |
| Tower 72 | 10 | 2BR | 38 | 38 | — | $2,693 |
| Tower 72 | 11 | 4BR | 38 | 38 | — | $2,832.5 |
| Tower 72 | 12 | 3BR | 39 | 39 | — | $2,751 |
Unit-level data compiled by PropertyInsider.sg from an EdgeProp Tower View extraction dated 30 Jul 2026. Availability is a snapshot, not a live feed — units can be sold or released between updates, and developers hold back stock. Verify anything you intend to act on with the developer. Compare pricing across projects on the prices by bedroom table.
Latest transactions
The ten most recent recorded sales at Penrith — the closest read on what buyers are paying right now, and on which layouts are still moving.
| Date | Unit | Type | Size | Price | Price psf |
|---|---|---|---|---|---|
| 30 Jul 2026 | #39-10 | 2BR | 614 sqft | $1.6M | $2,608 |
| 30 Jul 2026 | #38-10 | 2BR | 614 sqft | $1.6M | $2,608 |
| 22 May 2026 | #31-04 | 2BR | 614 sqft | $1.79M | $2,922 |
| 1 May 2026 | #30-04 | 2BR | 614 sqft | $1.79M | $2,914 |
| 25 Mar 2026 | #39-03 | 4BR | 1,281 sqft | $3.94M | $3,072 |
| 20 Jan 2026 | #34-03 | 4BR | 1,281 sqft | $3.88M | $3,028 |
| 19 Dec 2025 | #38-03 | 4BR | 1,281 sqft | $3.92M | $3,062 |
| 26 Nov 2025 | #37-10 | 2BR | 614 sqft | $1.81M | $2,950 |
| 24 Nov 2025 | #33-07 | 2BR | 678 sqft | $1.97M | $2,899 |
| 21 Nov 2025 | #08-09 | 3BR | 1,066 sqft | $2.9M | $2,718 |
Most recent transaction 30 Jul 2026. Caveats are lodged with a lag, so the newest sales at a project may not appear for several weeks. Source: EdgeProp Tower View, compiled by PropertyInsider.sg.
How D03 resales have performed
Capital appreciation context for Penrith: what sellers of completed condos in the same district actually realised on 6,652 matched buy-and-sell pairs (March 1995 to August 2026), including the 10.1% that sold at a loss.
Read this first: these are completed matched exits, profitable and unprofitable, over March 1995 to August 2026. A median describes what the middle seller realised — never the probability that any particular purchase will do the same. Note also that an owner sitting on a paper loss can decline to sell, so the true loss rate across all purchases is higher than the 10.1% recorded on completed sales here.
Median annualised return
3.5% p.a.
all exits in district D03, winners and losers
Share that made money
89.9%
5,983 of 6,652 matched exits
Median gain when it worked
$348k
gross, before transaction costs
Median loss when it did not
-$130k
669 exits sold at or below cost
Median holding period
7.2y
purchase to sale
RCR segment median
3.8% p.a.
45,914 exits island-wide, 90.1% profitable
Quarterly median exit psf of all matched resales, profitable and not, March 1995 to August 2026. Quarters with fewer than 5 exits carry no point; lines bridge to the next qualifying quarter. Dashed line marks Penrith’s current average developer-sale psf — a new-launch price against a resale trend, so compare direction, not levels. Source: URA caveat data, matched pairs.
What past projects here returned
Completed condos in D03 with at least 20 matched exits — the closest historical read on what this location has delivered. Ranked by median annualised return across every exit, not only the profitable ones.
6.0% p.a.middle of the 10 mapped, all exits3.5–11.8%slowest to fastest of the 10$499kmiddle project’s median gain, gross$1,854 psftheir middle average resale psf$2,795 psfthis launch, average transacted
Map of the 10 projects ranked below. Each pin is labelled with that project’s median annualised return.
Pin colour:10% a year or more6–10% a year3.2–6% (at or above the island median)This launch
| Project | TOP | Exits | Profitable | Median ann. return | Median hold | Median gain | Avg psf |
|---|---|---|---|---|---|---|---|
| Alexis | 2012 | 300 | 100.0% | 11.8% p.a. | 4.0y | $279k | $1,326 |
| Meraprime | 2006 | 206 | 100.0% | 10.2% p.a. | 5.9y | $701k | $2,300 |
| Twin Regency | 2007 | 214 | 98.6% | 9.7% p.a. | 4.1y | $620k | $2,425 |
| The Regency at Tiong Bahru | 2010 | 157 | 100.0% | 8.6% p.a. | 3.7y | $540k | $1,187 |
| The Metropolitan Condominium | 2009 | 490 | 97.6% | 7.4% p.a. | 4.1y | $506k | $1,068 |
| Stirling Residences | 2022 | 432 | 99.8% | 4.6% p.a. | 5.0y | $282k | $1,850 |
| Queens | 2002 | 752 | 93.6% | 4.5% p.a. | 9.5y | $550k | $2,010 |
| Artra | 2020 | 93 | 100.0% | 4.1% p.a. | 5.6y | $493k | $1,871 |
| Margaret Ville | 2021 | 85 | 100.0% | 3.8% p.a. | 5.4y | $312k | $1,858 |
| Queens Peak | 2020 | 243 | 98.8% | 3.5% p.a. | 6.0y | $250k | $1,788 |
Projects in the same district with at least 20 matched exits, ranked by median annualised return across every exit — profitable and not. Median gain is gross, before stamp duties, legal and agent fees, mortgage interest and renovation. Realised outcomes of past projects are context, not a prediction for this launch. Full dataset: resale exit dashboard.
Land cost versus comparable sites
What the developer paid for this site, ranked against the sites most like it — same market segment and planning region where we have enough of them, widening only if we do not. Land is the largest single input into a launch price and it is fixed two to three years before the show flat opens. Every tracked site sits on the land cost tracker.
Primary schools within 1km and 2km
MOE primary schools within a straight-line 1km and 2km of this project, with each school's P1 demand tier and phase-by-phase oversubscription ratios from the last completed registration exercise. An address inside a school's 1km band ranks highest whenever that school ballots. Explore every school on the primary schools map.
Map of Penrith and the 4 primary school(s) inside its straight-line 1km and 2km rings. It loads when this section scrolls into view; every school is listed below with its distance.
Primary school1km ring2km ring
Alexandra Primary School1–2km1.77 km (est.)≈ 26 min walk
2A 1.05× • ballot PR <1km2B 0.35×2C 1.56× • ballot SC <1km2C(S) —
Phase chips show applicants per place: 1.00× or under every applicant placed, 1.01–1.50× oversubscribed, above 1.50× heavily oversubscribed. Distances are straight-line estimates computed from project and school coordinates and shown to 2 decimal places — they are not the official home-school distance. Walking times use the same model as the nearby-places table above: 80 m/min with a 1.2× allowance for street routing, omitted beyond 2 km. For P1 registration, verify the exact 1km/2km status with the OneMap School Query tool, which applies MOE’s official measurement. No guarantee of accuracy; school demand tiers reflect the 2026 P1 exercise and can change year to year. The tier is read from Phase 2C alone — the round for children with no family link to the school, and the only one where home distance decides who gets in. Very high demand means the 2C ballot cut into citizens within 1km AND at least 1.5 applicants turned up per place. Full map and methodology: NaN
Compare with nearby launches
Other tracked launches and GLS sites in D03 or the same segment and region.
Tan Boon Liat Building
Upcoming
Est. launch price$2,680–$3,030 psf
Zyon Grand
70 units available
$2,935–$3,907 psf
90% sold
Artisan 8
13 units available
$2,105–$2,582 psf
62% sold
Aurea
117 units available
$2,804–$3,691 psf
38% sold
Berlayar Drive GLS
GLS Site
Est. launch price$3,100–$3,510 psf
0% sold
In depth
Mortgage calculator
What a loan of this size costs a month, before you talk to a bank. Change any figure — the instalment, the loan amount and the interest bill all recalculate as you type.
S$
%
% p.a.
years
Total loan amount—
Estimated instalment
—
per month
- Principal, first month—
- Interest, first month—
- Interest over the full term—
The split shown is the first month’s instalment, not an average: early payments are mostly interest and late ones mostly principal, while the monthly figure itself stays level. This is the loan only — it excludes stamp duty, legal fees, maintenance and property tax, and a home bought under construction draws the loan down in stages rather than all at once. What a bank will actually lend you depends on the LTV limit, TDSR and, for HDB flats and developer-sold ECs, MSR. Work those out on the affordability calculator, stamp duty calculator and progressive payment calculator. Estimates only, not financial advice.
