Independent Singapore Property Research
Selling

Penrith

Penrith is selling now in D03 (RCR, Central region). Everything below is compiled from matched transactions, URA tender data and public sources.

Developer Hong Leong Holdings / City Developments Limited (CDL)Tenure 99 yearsTOP 2031Nearest MRT Queenstown · 0.32km
StatusSelling
DistrictD03 · RCR
Total units462
Sold98%
Price$2,755–$2,858 psf
Entry price$1.44M
Data updated16 Jul 2026

Sales at a glance

Sales momentum is the most direct read on demand: the share of units taken up since launch, from matched developer-sale transactions.

98% sold
452 of 462 units sold · 10 still available
Project typeCondo
Bedroom mix2,3,4
Size range614 - 1,281 sqft (57 - 119 sqm)
Plot ratio4.2
Land cost$1,154 psf ppr · URA GLS 2024
HDB upgraders27.5%
Units available10
Avg psf (sold)$2,801

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.

TypeAvg priceAvg psf Transacted rangeSize rangeUnits sold
2 Bedroom$1.79M$2,755$1.44M – $2.06M614 – 678 sqft144 sold
3 Bedroom$2.47M$2,790$1.98M – $3.22M786 – 1,066 sqft194 sold
4 Bedroom$3.46M$2,858$3.08M – $3.94M1,173 – 1,281 sqft114 sold

Figures from matched transactions as at 16 Jul 2026. Averages vary by floor, stack, facing and size — ranges matter more than any single number.

How D03 resales have performed

Capital appreciation context for Penrith: what profitable sellers of completed condos in the same district realised between Jan 2018 and Apr 2026, and where resale psf has trended.

Read this first: the resale dataset below records profitable matched exits only (Jan 2018 – Apr 2026). Medians describe what profitable sellers made — never the probability of making a gain. Unprofitable exits are not included.
Median annualised return
3.3% p.a.
profitable exits in district D03
Profitable exits
1,903
13 projects in D03
Median holding period
6.6y
buy to profitable sell
Median realised gain
$290k
gross, before transaction costs
RCR segment median
3.7% p.a.
11,069 exits island-wide

Quarterly median exit psf of profitable resales, Jan 2018 – Apr 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 a meaningful base of profitable exits — the closest historical read on what this location has delivered.

ProjectTOPExits Median ann. returnMedian holdMedian gain2026 psf
Stirling Residences20223505.1% p.a.4.9y$283k$2,445
Queens20001174.7% p.a.13.1y$690k$1,886
The Metropolitan Condominium20091164.4% p.a.11.4y$705k$2,051
Margaret Ville2021813.8% p.a.5.3y$309k$2,225
Principal Garden20182263.6% p.a.6.3y$257k$2,335
Tanglin View20011083.2% p.a.11.1y$549k$1,886
Highline Residences2018972.9% p.a.6.9y$340k$2,531
Commonwealth Towers20172152.6% p.a.7.0y$177k$2,303
Avenue South Residence20221342.6% p.a.4.6y$178k$2,254
River Place19991102.2% p.a.11.8y$346k$1,796

Projects in the same district with at least 20 profitable exits, ranked by median annualised return. Realised outcomes of past projects are context, not a prediction for this launch. Full dataset: resale exit dashboard.

Compare with nearby launches

Other tracked launches and GLS sites in D03 or the same segment and region.

Zyon Grand

Selling
D03RCR706 units
$2,932–$3,907 psf
90% sold

Artisan 8

Selling
D20RCR34 units
$2,104–$2,583 psf
59% sold

Aurea

Selling
D07RCR188 units
$2,828–$3,691 psf
36% sold
D04RCR302 units
$2,182–$2,238 psf
39% sold

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.

Queenstown Primary School≤1km0.09 km (est.)High demand · 2025 P1
2A 0.28×2B 0.00×2C 1.10× • ballot PR <1km2C(S)
New Town Primary School1–2km1.07 km (est.)Vacancies available · 2025 P1
2A 0.02×2B 0.02×2C 0.12×2C(S) 0.26×
Gan Eng Seng Primary School1–2km1.31 km (est.)Vacancies available · 2025 P1
2A 0.11×2B 0.00×2C 0.15×2C(S) 0.08×
Alexandra Primary School1–2km1.77 km (est.)High demand · 2025 P1
2A 0.88×2B 0.22×2C 1.09× • ballot SC 1–2km2C(S)

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. 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 2025 P1 exercise and can change year to year. Full map and methodology: primary schools near new launches.

Talk this project through with an advisor

The analysis on this page tells you what the data says. If you want to work through what it means for your own situation — budget, ABSD position, timing an HDB sale, or how this project compares with alternatives — you can request a one-to-one consultation.

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