Penrose condo would be the stunning new luxury development on Sims Drive in Singapore’s District 14, just a brief walk from the Aljunied MRT Station. The pair of Hong Leong and CDL are developing the prime piece of real estate to compliment the Sims Urban Oasis, allowing residents to experience the best in Singapore condo living.
Penrose Condo Singapore development sits over a land scale of 174,646 square feet, which can be developed into several 17- or 18-storey blocks which will house an overall total of around 560 premium residential units.
The Penrose development finds itself inside the heart of Aljunied, just a 400 meter walk to the Aljunied MRT Station with immediate access to the Kallang-Paya Lebar Expressway and also the Pan Island Expressway.
This accessibility, combined with its proximity for some of Singapore’s best shopping and entertainment centres, implies that those residing in the Penrose condos can experience everything Singapore has to offer!
The Penrose condos are one of the most anticipated condos in Singapore simply because they will combine top notch design that its developers are noted for with an incredible location.
Developers CDL and Hong Leong will infuse the Penrose development with many different amenities starting from Smart Home Technology to a stunning outdoor pool. A five-star fitness centre, BBQ pits and relaxing outdoor gardens will all offer an escape for residents, without needing to leave the property.
Once they do leave the house, the location of Penrose means that they will have everything right outside their door. From your exciting hawkers markets of Geylang to Kinex Shopping Mall to Paya Lebar Square, you will find endless possibilities to shop, dine and appreciate life without needing to go far.
An additional benefit of buying a Penrose condo would be that the Urban Redevelopment Authority of Singapore recently announced plans to rejuvenate the nearby Paya Lebar area. This means that more businesses, shops and restaurants will likely be visiting the area.
Furthermore the URA’s plans for Paya Lebar mean that residents of Penrose could have a new urban centre closeby, but it will surely increase property values later on.
Just 400 meters away from the Aljunied MRT Station, those living in the Penrose condo have direct access to the East West Line. Plus, at only one-stop out of the Paya Lebar Interchange, it is very quick to reach all parts of Singapore through the development.
One of the primary selling points for the Penrose condo is definitely the easy access that is certainly offers residents to Singapore’s major parkways. It is then easier and more convenient that ever to drive into the city as soon as possible.
Penrose finds itself just a brief drive from your Kallang-Paya Lebar Expressway and Pan Island Expressway, making the trip into Singapore’s Central Business District easier than ever for residents.
Additionally, there are numerous busses running along Aljunied Road and throughout Geylang, ensuring that the Penrose development provides accessibility no matter where you should be.
There are many top quality schools and academic institutions close to Penrose, rendering it suitable for families in the area. Having a top level of education from renowned facilities, parents in the area can be reassured that they have a great deal of options to select from for their children.
In addition there are a number of community centres and sports-related activities for both adults and children near the Penrose condo development. The Geylang East Swimming Complex, the Singapore Basketball Centre and Paragon Sports Centre are great options to get children active.
The Penrose condo development offers intriguing investment possibilities, as fryodp project as being a ‘fringe city’ property implies that it can be bought at a reasonable price, yet still demand solid rental returns.
As the Penrose development offers both MRT and driving accessibility for the CBD, it is really an attractive spot to live for individuals who do not desire to spend the top rent on a unit in the city. Because of this people who own Penrose Condo Showflat can get a sizable monthly return of rental income similar to the purchase price.
Furthermore, the intends to transform District 14 in to a business and industrial hub means that you will have a rental interest in those working in the area in future years. As increasing numbers of companies move within Paya Lebar, the benefit Penrose properties as well as the rental income should rise steadily.