PENRITH
MARGARET DRIVE · District 03 · 99 yrs lease commencing from 2024
Median Price
S$2.3M
Price Range
S$1.4M - S$3.9M
Tenure
Leasehold
PENRITH Price Analysis
PENRITH is a leasehold development on MARGARET DRIVE in District 03 (Queenstown). According to URA transaction records, 449 private residential transactions have been recorded at this development, with a median price of S$2,319,000. Prices range from S$1.4M for the smallest units to S$3.9M for premium configurations.
The development offers units across 3 size categories. The most traded segment is 1-bed (50-70 sqm) at a median of S$1,778,000. Larger units (3-bed (100-130 sqm)) trade at S$3,446,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at PENRITH. High-floor units (36-40) command a median of S$2,483,500, while low-floor units (01-05) sell for S$2,111,500. That is a 18% premium for higher floors, worth S$372K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| 1-Bed (50-70 sqm) | S$1.8M | 60 sqm | 142 |
| 2-Bed (70-100 sqm) | S$2.4M | 82 sqm | 194 |
| 3-Bed (100-130 sqm) | S$3.4M | 112 sqm | 113 |
Current Listings
2-Bed sale
Zac Lim · PROPNEX REALTY PTE. LTD.
FAQ
What is the average price of PENRITH?
The median transaction price at PENRITH is S$2,319,000, based on 449 URA-recorded transactions. Prices range from S$1.4M to S$3.9M.
Does floor level affect prices at PENRITH?
Yes. High-floor units (36-40) sell for a median of S$2,483,500, while low-floor units (01-05) sell for S$2,111,500. That is a 18% premium for higher floors.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.