PropHerald

PENRITH

MARGARET DRIVE

Private development · D3 in the October 2026 private residential report

At a glance

Units

462

Developer

Margaret Rise Development Pte. Ltd.

Tenure

99-yr leasehold from 2024

Median psf (12 mo)

S$2,916

Location

Transactions

20 sales in the last 12 months

MonthTypeLevelArea m² PriceS$ psfSale type
Oct 2026Apartment36-40 57S$1,800,000 2934New sale
Oct 2026Apartment36-40 57S$1,796,000 2927New sale
Sep 2026Apartment36-40 57S$1,798,000 2931New sale
Sep 2026Apartment31-35 57S$1,790,000 2917New sale
Aug 2026Apartment31-35 57S$1,798,000 2931New sale
Jul 2026Apartment36-40 57S$1,600,000 2608New sale
Jul 2026Apartment36-40 57S$1,600,000 2608New sale
May 2026Apartment31-35 57S$1,793,000 2922New sale
May 2026Apartment26-30 57S$1,788,000 2914New sale
Mar 2026Apartment36-40 119S$3,935,000 3072New sale
Jan 2026Apartment31-35 119S$3,878,000 3028New sale
Dec 2025Apartment36-40 119S$3,922,000 3062New sale
Nov 2025Apartment36-40 57S$1,810,000 2950New sale
Nov 2025Apartment31-35 63S$1,966,000 2899New sale
Nov 2025Apartment06-10 99S$2,896,000 2718New sale
Nov 2025Apartment26-30 63S$1,898,000 2799New sale
Nov 2025Apartment16-20 119S$3,594,000 2806New sale
Nov 2025Apartment21-25 99S$3,068,000 2879New sale
Nov 2025Apartment16-20 79S$2,328,000 2738New sale
Nov 2025Apartment16-20 63S$1,839,000 2712New sale

Price trend

S$2,700S$2,850S$3,00020252026— median— average S$ psf2025 · S$2,794 average psf · 448 sales2026 · S$2,890 average psf · 11 sales2025 · S$2,792 median psf · 448 sales2026 · S$2,927 median psf · 11 salesS$2,927

This project trades ≈ 24% above the District 03 12-month median (S$ psf).

Median S$ psf is up ≈ 4% on the previous 12 months.

Last 12 months by type

Property typeSales Median priceMedian S$ psf
Apartment20 S$1,824,5002916

Median price by year

YearSalesMedian price
202611S$1,796,000
2025448S$2,316,000