Penrose condo would be the stunning new luxury development on Sims Drive in Singapore’s District 14, just a short walk away 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 very best in Singapore condo living.
Penrose Condo development sits over a land dimensions of 174,646 square feet, which can be developed into several 17- or 18-storey blocks which will house a total of around 560 premium residential units.
The Penrose development finds itself inside the heart of Aljunied, just a 400 meter walk for the Aljunied MRT Station and with immediate access to the Kallang-Paya Lebar Expressway and also the Pan Island Expressway.
This accessibility, combined with its proximity to some of Singapore’s best shopping and entertainment centres, signifies that those living in the Penrose condos can experience everything Singapore has to offer!
The Penrose condos are some of the most anticipated condos in Singapore because they will combine world class design that its developers are known for with the incredible location.
Developers CDL and Hong Leong will infuse the Penrose development with a number of amenities which range from Smart Home Technology to some stunning outdoor pool. A five-star fitness centre, BBQ pits and relaxing outdoor gardens will all offer an escape for residents, while not having to leave the house.
Whenever they do leave the property, the location of Penrose means that they may 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 opportunities to shop, dine and revel in life without needing to go far.
Another benefit of purchasing a Penrose condo would be that the Urban Redevelopment Authority of Singapore recently announced intends to rejuvenate the nearby Paya Lebar area. This means that more businesses, shops and restaurants is going to be arriving at the location.
In addition the URA’s plans for Paya Lebar mean that residents of Penrose may have a new urban centre closeby, but it will certainly 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 just destination out of the Paya Lebar Interchange, it is very quick to achieve all parts of Singapore from your development.
One of the biggest selling points for your Penrose condo is the quick access that is offers residents to Singapore’s major parkways. This will make it easier and much more convenient that ever to operate to the city as fast as possible.
Penrose finds itself just a short drive from the Kallang-Paya Lebar Expressway and Pan Island Expressway, making the trip into Singapore’s Central Business District incredibly easy for residents.
Additionally, there are numerous busses running along Aljunied Road and throughout Geylang, ensuring that the Penrose development provides accessibility regardless of where you should be.
There are many good quality schools and academic institutions close to Penrose, rendering it suitable for families in the region. Having a top level of education from renowned facilities, parents in the area can be assured that these people have a great deal of options to choose from for his or her children.
In addition there are several community centres and sports-related activities for children and adults near the Penrose condo development. The Geylang East Swimming Complex, the Singapore Basketball Centre and Paragon Sports Centre are all great choices to get children active.
The Penrose condo development offers intriguing investment possibilities, as fryodp project as being a ‘fringe city’ property means that it can be bought in a reasonable price, but still demand solid rental returns.
As the Penrose development offers both MRT and driving accessibility to the CBD, it is really an attractive spot to live for people who usually do not wish to spend the top rent on a unit within the city. This means that those who own Penrose Condo Showroom can get a sizable monthly return of rental income much like the investment price.
Furthermore, the plans to transform District 14 right into a business and industrial hub means that you will see a rental demand for those working in the area in coming years. As more companies move within Paya Lebar, the benefit Penrose properties and the rental income should rise steadily.