Singapore’s property market is buzzing with excitement, and two standout developments—Penrith at Margaret Drive and Skye at Holland—are capturing the attention of homebuyers and investors alike. These new launch condominiums offer modern living with unmatched convenience in two of Singapore’s most sought-after neighborhoods. Let’s dive into what makes each of these properties a gem in the Lion City’s real estate landscape.
Penrith: Redefining Urban Luxury in Queenstown
Nestled in the vibrant heart of Queenstown, Penrith is a 99-year leasehold condominium that promises a lifestyle of sophistication and connectivity. Developed by the powerhouse trio of GuocoLand, Hong Leong Holdings, and Hong Realty, this project is set to transform Margaret Drive into a beacon of contemporary living. With an estimated completion date in 2029, Penrith is already generating buzz for its thoughtful design and prime location.
A Prime Address with Unmatched Connectivity
Located just a 5-minute walk from Queenstown MRT station on the East-West Line, Penrith offers seamless access to key hubs like Orchard Road, the Central Business District, and One-North. For drivers, major expressways such as the Ayer Rajah Expressway (AYE) and Pan-Island Expressway (PIE) are easily accessible, making commutes a breeze. The development’s strategic position in District 3 places it in a mature estate known for its blend of heritage charm and modern amenities.
Thoughtfully Designed Residences
Penrith spans a 102,497 sq ft plot and will feature 460 to 462 meticulously crafted units, ranging from one to five bedrooms. Each home is designed with the modern professional in mind, boasting luxurious fittings and advanced Smart Home technology. Residents can control appliances, lighting, and security remotely via a dedicated app, adding convenience and peace of mind. Upper-floor north-facing units offer sweeping, unblocked views, perfect for those who crave a touch of serenity amidst the urban buzz.
World-Class Amenities for Every Lifestyle
Penrith’s facilities are curated to cater to diverse needs. From multiple swimming pools and a state-of-the-art gymnasium to BBQ pits, clubhouses, and a serene reading lounge, residents can enjoy both relaxation and recreation. Families will appreciate the kid-friendly spaces, including a children’s playground, kiddy pool, and playroom, all built with safety in mind. Lush greenery and outdoor seating areas provide tranquil spots to unwind, making Penrith a true urban oasis.
A Vibrant Neighborhood
Queenstown is a well-established residential estate with a wealth of amenities. The iconic Margaret Drive Hawker Centre and Margaret Market are within walking distance, offering local delights and fresh produce. Nearby shopping destinations like Anchorpoint, IKEA Alexandra, and Queensway Shopping Centre cater to retail therapy enthusiasts. Families benefit from proximity to top schools such as Queenstown Primary, Alexandra Primary, and Crescent Girls’ School, ensuring educational excellence.
For nature lovers, the Alexandra Canal Linear Park and the Green Corridor offer scenic trails for jogging, cycling, or leisurely strolls. Penrith’s location strikes a perfect balance between urban vibrancy and natural tranquility, making it ideal for professionals, families, and investors.
Investment Potential
With a land acquisition cost of $497 million ($1,154 psf ppr), Penrith is positioned as an attractive option for HDB upgraders and investors seeking value in a city-fringe location. Queenstown’s ongoing rejuvenation and proximity to the Greater Southern Waterfront enhance its long-term capital appreciation and rental demand. Early registrants for the VVIP preview, set to begin on October 3, 2025, can secure priority booking and exclusive developer discounts.
Skye at Holland: Elevated Living in Holland Village
In the chic and lively enclave of Holland Village, Skye at Holland emerges as a 99-year leasehold condominium that blends urban sophistication with a laid-back charm. Developed by a reputable team, this upcoming project is poised to offer residents a lifestyle that’s both cosmopolitan and relaxed. While specific details like unit counts and completion dates are yet to be fully released, Skye at Holland is already generating anticipation for its prime location and modern appeal.
A Hub of Connectivity and Convenience
Skye at Holland is strategically located near Holland Village MRT station on the Circle Line, providing quick access to key areas like Buona Vista, Botanic Gardens, and the city center. Major roads like Holland Road and Bukit Timah Road ensure easy connectivity for drivers. District 10’s reputation as an upscale residential area adds to the allure, offering a blend of exclusivity and accessibility.
Modern Residences for Discerning Buyers
While exact unit configurations are still under wraps, Skye at Holland is expected to feature a range of residences designed for modern urbanites. Anticipated amenities include high-end fittings, smart home integrations, and layouts that maximize space and natural light. The development aims to cater to professionals, small families, and investors looking for a prestigious address in a vibrant neighborhood.
Lifestyle at Its Finest
Holland Village is synonymous with lifestyle, and Skye at Holland places residents at the heart of it all. Known for its eclectic mix of cafes, restaurants, and bars, the area offers everything from artisanal coffee at Chip Bee Gardens to international cuisine along Holland Avenue. Shopping options abound, with Holland Village Shopping Centre and nearby Bukit Timah Plaza catering to daily needs and luxury splurges.
Families will find top-tier schools nearby, including Hwa Chong Institution, Nanyang Primary School, and Anglo-Chinese School (International). For recreation, the Singapore Botanic Gardens, a UNESCO World Heritage Site, is just a short drive away, offering a green escape from the urban hustle. The area’s vibrant community and proximity to business hubs like One-North make it a magnet for professionals and expatriates.
A Sound Investment Choice
Holland Village’s enduring popularity and limited supply of new developments make Skye at Holland a compelling investment. The area’s high rental demand, driven by its proximity to educational institutions and business parks, ensures strong yields. As details like pricing and showflat openings emerge, early registration will be key to securing a unit in this highly anticipated project.
Why These Condominiums Stand Out
Penrith and Skye at Holland each offer a unique slice of Singapore’s property market, catering to those who value location, quality, and lifestyle. Penrith shines with its city-fringe affordability and family-friendly amenities in Queenstown, while Skye at Holland captivates with its trendy, upscale vibe in Holland Village. Both developments are backed by trusted developers, ensuring quality craftsmanship and long-term value.
For those eager to explore these opportunities, registering for VVIP previews is a smart move. Penrith’s showflat is set to open on October 3, 2025, offering early access to floor plans and pricing. Skye at Holland’s details are forthcoming, so staying updated through the official website will ensure you don’t miss out.
Secure Your Future Home Today
Whether you’re drawn to the vibrant community of Queenstown or the cosmopolitan charm of Holland Village, Penrith and Skye at Holland offer unparalleled opportunities to own a piece of Singapore’s future. Visit the-penrith.com.sg and skyeat-holland.com.sg to register for updates, explore brochures, and secure your spot at these exclusive launches. Don’t wait—your dream home in one of Singapore’s most desirable districts is just a step away.
