Penrith
Penrith is a 99-year leasehold condominium in District 3 (Tiong Bahru, Queenstown), within Singapore's Rest of Central Region (RCR). Completed in 2025, the development comprises 462 units, on a lease that commenced in 2024. Sale and rental figures on this page are compiled from URA transaction records.
PENRITH
Over the 12 months to May 2026, Penrith recorded 452 resale transactions at a median $2,793 psf (median price $2,316,000). Source: URA caveat data, as of May 2026.
Penrith's median of $2,793 psf over the trailing 12 months places its pricing above roughly 89% of District 3 condos; resale liquidity has been active with 452 caveats lodged. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| May-26 | $1,788,000 | $2,914 psf | 614 sqft | 26 to 30 | 1BR |
| May-26 | $1,793,000 | $2,922 psf | 614 sqft | 31 to 35 | 1BR |
| Mar-26 | $3,935,000 | $3,072 psf | 1,281 sqft | 36 to 40 | 3BR |
| Jan-26 | $3,878,000 | $3,028 psf | 1,281 sqft | 31 to 35 | 3BR |
| Dec-25 | $3,922,000 | $3,062 psf | 1,281 sqft | 36 to 40 | 3BR |
| Nov-25 | $1,810,000 | $2,950 psf | 614 sqft | 36 to 40 | 1BR |
| Nov-25 | $1,966,000 | $2,899 psf | 678 sqft | 31 to 35 | 1BR |
| Nov-25 | $3,068,000 | $2,879 psf | 1,066 sqft | 21 to 25 | 3BR |
Can I afford Penrith?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $2,316,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.