Penrose

Last Updated: 7th July 2020

Latest Unit Sold:  on 01 Jan 2020 | See the Balance Units Chart

penrose-developer

Penrose Developer

Penrose is a 60:40 joint venture between award winning builders, Hong Leong Holdings and City Developments Limited. Penrose is a high-rise condo consisting of approximately 560 units. Coupled with relatively spacious layouts and sleek double glass windows, the units give off liberating vibes with an astounding view of the adjacent neighbourhood yet being environmentally friendly. Engineered with smart tech in every unit, Penrose aspires to be innovative and forward-looking thus creating excellent lifestyles and conducive work environment for its residents. The launch is anticipated to take off at attractive entry prices as its land bid price was $732 psf ppr.

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Penrose Location Map

Penrose is located at Sims Drive, 6 minutes’ walk to Aljunied MRT station. The city fringe condo is situated at District 14 and is presently experiencing a major transformation by URA with new addition of offices, retail vendors, supermarkets, banks and F&B eateries. Penrose is also 1 stop from Paya Lebar MRT station, the intersection between East West Line and Circle Line. It is 10 minutes’ drive to Orchard Road and CBD accessible via KPE and PIE. Penrose location map shows its close proximity to Singapore Sports Hub, Old Airport Road Food Centre and renowned schools such as Geylang Methodist School and Kong Hwa School.

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Penrose Show Flat

Kindly book an appointment here or call us at +65 6100 8688 before making your way down to view Penrose ShowFlat as we may be closed at certain days/time due to private events or routine maintenance. ShowFlat may not be at the actual project site. Online registrants who have booked an appointment here will be able to receive Direct Developer Price and no commission is payable. Please be informed that units for sale at Penrose are on first come first serve basis. Reservation of unit is subjected to developer’s approval and pricing are subjected to changes without prior notice.

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penrose-price-list

Penrose is a 99-years leasehold condominium by the highly reputable City Developments Limited and Hong Leong Holdings. Buyers sourcing for comparatively spacious layouts will be given choices of 1 to 4 bedroom unit mix depending on their needs. As Penrose is strategically positioned at the growth area of Bidadari, Paya Lebar Central and Kallang, investors can connect their homes to a massive pool of potential tenants. Residents will be spoilt for choice of shopping and entertainment options due to its city fringe location. Amenities such as Fairprice Geylang, MacPherson Community Club, Geylang East Public Library, Golden Village-Paya Lebar and Haig Road Market & Food Centre are just round the corner. Penrose will be the next exciting home for home seekers who desire for a fine standard of living that is attentively designed with feasible layouts and fitted with superior fittings and branded appliances. For more comprehensive research on this project launch, you may review Penrose Floor Plan & Penrose E-Brochure here. Penrose Price List to be announced closer to VVIP Preview Launch.

penrose floor plan

Hong Leong Group bids $383.5 mil for Sims Drive site

The 99-year leasehold private residential land has land size of 174,648 square feet and could potentially reap 570 residential units with a plot ratio of 3.0, 17 to 18 storeys tall. The 60:40 joint venture between Hong Leong Holdings’ Intrepid Investments and City Developments Ltd offered the highest bid of $383.5 million ($732 psf per plot ratio) for this GLS. Colliers estimated its launching price to be $1,400 psf as the land is subjected to a minimum size of 85 sq m.

> Read More: Hong Leong Group bids $383.5M for Sims Drive site

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