Penrith Developer
Penrith Developer
Penrith is jointly developed by Hong Leong Holdings Limited and GuocoLand Limited, two of Singapore’s most established and trusted property developers. Both bring decades of proven expertise in delivering quality homes, integrated mixed-use landmarks, and award-winning residential communities. Together, they assure future residents a harmonious blend of heritage, innovation, and design excellence.
Hong Leong Holdings Limited
Founded in 1968, Hong Leong Holdings Limited is the property development and investment arm of the Hong Leong Group Singapore, one of Asia’s most prominent conglomerates. Over the past five decades, HLHL has played a significant role in shaping Singapore’s residential landscape, with close to 100 completed residential developments ranging from mid-market homes to luxury residences, as well as eight commercial properties in prime locations. The company is renowned for its design excellence, construction quality, and reliability, with award-winning projects such as The Meyerise, Commonwealth Towers, and Penrose, many of which have received BCA Green Mark Gold or GoldPlus certifications for their sustainability features. HLHL’s portfolio also includes iconic developments like One Shenton, The Tate Residences, and St. Regis Residences, each standing as a testament to its ability to create homes that combine luxury with liveability.
GuocoLand Limited
GuocoLand Limited, listed on the Singapore Exchange since 1978, is an award-winning real estate group with a presence across Singapore, China, and Malaysia. Headquartered in Singapore, the company is known for its expertise in property development, investment, and management, as well as for its ability to deliver large-scale integrated developments that redefine urban living. Its flagship project, Guoco Tower, is currently the tallest building in Singapore and combines Grade-A office spaces, luxury residences, a five-star hotel, and premium retail offerings in one seamlessly integrated address. Other notable residential projects include Wallich Residence, Meyer Mansion, Martin Modern, Midtown Bay, and Lentor Modern, each earning acclaim for architectural distinction, functional layouts, and premium finishes. To date, GuocoLand has developed more than 36 residential projects in Singapore alone, yielding over 11,000 apartments, and has received numerous accolades such as the FIABCI World Prix d’Excellence, BCA Green Mark Awards, and the BCI Asia Awards.
Both Hong Leong Holdings Limited and GuocoLand have demonstrated strong leadership in sustainable development. GuocoLand, in particular, has secured several billion dollars in green financing to support environmentally responsible projects, including its largest-ever green loan of S$1.14 billion. This commitment to sustainability mirrors Hong Leong’s own dedication to eco-friendly building practices, with many of its developments meeting or exceeding Singapore’s green building standards. Together, the two developers combine financial strength, innovative vision, and proven experience to ensure that Penrith will not only meet the highest standards of design and quality but also stand as a benchmark for sustainable, connected living in District 3.
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Viewing is strictly by appointment. For enquiries please call +65 6676 9891.