The release of the latest GLS plot on Margaret Drive marks a significant event, as it is the first one to be made available in eight years. The previous plot, released in December 2016, saw a high demand and received 14 bids. MCL Land successfully secured the site for $238.4 million ($998 psf ppr) and launched the 309-unit Margaret Ville in June 2018, with an average price of $1,880 psf. This project was a success, with all units being sold and completed in 2021. As per URA caveats on August 1, Margaret Ville has recorded eight transactions this year, with an average price of $2,139 psf. The latest transaction was for a two-bedroom unit on the 33rd floor, measuring 829 sq ft and sold for $1.85 million ($2,232 psf) on June 21. The convenient location of Margaret Ville, with Penrith Queenstown MRT situated nearby, makes it an attractive choice for homebuyers.
Aside from its unbeatable location, Penrith Queenstown MRT is also surrounded by a plethora of amenities, making it a self-sufficient and vibrant neighborhood. Just across the road, residents can find the popular Anchorpoint Shopping Centre, which houses a wide range of retail and dining options. From supermarkets to fashion outlets, there is something for everyone at Anchorpoint.
For those who love the outdoors, Penrith Queenstown MRT is surrounded by numerous parks and green spaces. The nearby Queenstown Sports and Recreation Centre offers a plethora of sports facilities, including a swimming pool, badminton courts, and a gym. The expansive greenery of the iconic Mount Faber Park is also just a short drive away, providing a peaceful and scenic escape from the hustle and bustle of city life.
But it’s not just the practical conveniences that make Penrith Queenstown MRT an attractive choice. The estate is also steeped in rich history and boasts a strong sense of community. The Queenstown area was the first satellite town built by the Housing and Development Board (HDB) in the 1960s and has since become a well-established and mature estate. The estate has undergone many upgrades and improvements over the years, but its charm and character still remain.
In conclusion, Penrith Queenstown MRT is a prime location in the established Queenstown estate that offers unparalleled convenience, a strong sense of community, and a variety of amenities. With excellent transport options, a wide range of retail and dining choices, and a rich history, this estate truly has something for everyone. Whether you are a young professional, a family with young children, or a retiree looking for a peaceful and vibrant community, Penrith Queenstown MRT is the perfect place to call home.
Located in the heart of the bustling Queenstown estate, Penrith Queenstown MRT offers the ultimate convenience for residents and visitors alike. This prime location not only provides easy access to the city center and other parts of Singapore, but also boasts a wide range of amenities and recreational facilities within walking distance. Whether you are a young professional looking for a vibrant and dynamic neighborhood or a family seeking a comfortable and well-connected community, Penrith Queenstown MRT is the perfect place to call home.
Moreover, the upcoming Thomson-East Coast Line will also have a station at Queensway, just a short walk from Penrith Queenstown MRT. This new line will provide even more connectivity to various parts of Singapore and is set to be completed in 2021. With such excellent transport options, residents at Penrith Queenstown MRT can enjoy the convenience of seamless connectivity to all corners of the island.
In addition to its excellent location and array of amenities, Penrith Queenstown MRT also offers a diverse mix of housing options. From cozy HDB flats to luxurious private condos, there is something to suit every budget and lifestyle. The variety of options also means that residents of different backgrounds and generations can come together and enjoy the sense of community in this estate.
For families with young children, there are also several reputable schools in close proximity. These include Crescent Girls’ School, Queenstown Secondary School, and Queenstown Primary School, making Penrith Queenstown MRT an ideal choice for families looking to provide their children with quality education.
One of the major draws of Penrith Queenstown MRT is its close proximity to the Queenstown MRT station, which is just a stone’s throw away. This means getting around the island is a breeze, with the train connecting to major business districts such as Raffles Place and Tanjong Pagar in just a few stops. This is especially convenient for those who work in the city and want to avoid the hassle of rush hour traffic.
The vibrant Tanglin Halt Market, a renowned food spot in the vicinity, is currently undergoing redevelopment. Despite this, it has remained a beloved fixture in the community, renowned for its classic breakfast dishes and comforting meals. The recent government initiative to rejuvenate the area will introduce contemporary conveniences, including a new hawker centre and market, seamlessly integrated into a community hub. The planned revamp is set to elevate the allure of the locality, further enhancing the attractiveness of Penrith as a residence. This will enable residents to relish a diverse range of delectable food options in a modernized atmosphere while retaining the charming essence of the original food culture.
Additionally, Penrith is well-served by a network of major roads and expressways, such as the Ayer Rajah Expressway (AYE) and the Pan Island Expressway (PIE), making it easy for residents to travel by car or taxi. With its strategic location, Penrith offers unparalleled convenience and connectivity for its residents, making it the ideal choice for those seeking a well-connected and accessible neighbourhood. Rest assured, living in Penrith guarantees an effortless and convenient lifestyle, making it an enviable place to call home.