Penrose condo are the stunning new luxury development on Sims Drive in Singapore’s District 14, just a short walk from the Aljunied MRT Station. The pair of Hong Leong and CDL are establishing the prime piece of real estate property to compliment the Sims Urban Oasis, allowing residents to enjoy the very best in Singapore condo living.
Penrose Condo development sits over a land size of 174,646 square feet, which can be progressed into several 17- or 18-storey blocks which will house an overall of approximately 560 premium residential units.
The Penrose development finds itself within the heart of Aljunied, just a 400 meter walk towards the Aljunied MRT Station and with immediate access to both the Kallang-Paya Lebar Expressway as well as the Pan Island Expressway.
This accessibility, along with its proximity for some of Singapore’s best shopping and entertainment centres, signifies that those residing in the Penrose condos can experience everything Singapore has to offer!
The Penrose condos are among the most anticipated condos in Singapore because they will combine world class design that its developers are recognized for with the incredible location.
Developers CDL and Hong Leong will infuse the Penrose development with a number of amenities starting from Smart Home Technology to your stunning outdoor pool. A five-star fitness centre, BBQ pits and relaxing outdoor gardens will all produce an escape for residents, without needing to leave the house.
Whenever they do leave the property, the place of Penrose means that they may have everything right outside their door. From the exciting hawkers markets of Geylang to Kinex Shopping Mall to Paya Lebar Square, there are endless opportunities to shop, dine and appreciate life without having to go far.
Another advantage of purchasing a Penrose condo is that the Urban Redevelopment Authority of Singapore has recently announced intends to rejuvenate the nearby Paya Lebar area. Which means that more businesses, shops and restaurants will be coming to the area.
In addition the URA’s plans for Paya Lebar mean that residents of Penrose will have a whole new urban centre closeby, but it will surely increase property values in the future.
Just 400 meters away from the Aljunied MRT Station, those located in the Penrose condo have direct accessibility East West Line. Plus, at just one-stop from the Paya Lebar Interchange, it is rather quick to achieve all the parts of Singapore from the development.
One of the biggest selling points for that Penrose condo is the easy access that is certainly offers residents to Singapore’s major parkways. This makes it easier and much more convenient that ever to drive in to the city as fast as possible.
Penrose finds itself just a quick drive from the Kallang-Paya Lebar Expressway and Pan Island Expressway, making the trip into Singapore’s Central Business District easier than ever for residents.
In addition there are several busses that run along Aljunied Road and throughout Geylang, making sure the Penrose development provides accessibility no matter where you have to be.
There are several top quality schools and academic institutions close to Penrose, rendering it ideal for families in the region. Having a top level of education from renowned facilities, parents in the region can be confident that there is a great deal of options to select from for their children.
Additionally, there are a number of community centres and sports-related activities for both adults and children close to the Penrose condo development. The Geylang East Swimming Complex, the Singapore Basketball Centre and Paragon Sports Centre are great choices to get children active.
The Penrose condo development offers intriguing investment possibilities, as fryodp project becoming a ‘fringe city’ property means that it can be found with a reasonable price, but still demand solid rental returns.
As the Penrose development offers both MRT and driving accessibility for the CBD, it is really an attractive place to live for individuals who usually do not desire to spend the high rent on the unit in the city. Which means that those who own Penrose Showflat can obtain a sizable monthly return of rental income much like the investment price.
Furthermore, the plans to transform District 14 into a business and industrial hub implies that there will be a rental interest in those working in the area in coming years. As increasing numbers of companies move within Paya Lebar, the worth Penrose properties and also the rental income should rise steadily.