What is the moat analysis for Penrith at Queenstown

Here is a summary of Penrith:
Street Name: MARGARET DRIVE
District/Planning Area: D3 / Queenstown
Property Type: Apartment
Developer: Margaret Rise Development Pte Ltd
Tenure: 99 yrs from 04/11/2024
Completion: 2029
Est. Land Size: 9,522 sqm
Number of Units: 462 units
Bedroom Types: 2BR, 3BR, 4BR
Buyer Profile by Residential Status: Singaporean 91.3%, PR 8.3%, Foreigner 0.4%, Company 0.0%
Average sale price*: $2,794 psf
*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction