Penrose condo are the stunning new luxury development on Sims Drive in Singapore’s District 14, just a brief walk away from the Aljunied MRT Station. The pair of Hong Leong and CDL are developing the prime piece of property to compliment the Sims Urban Oasis, allowing residents to enjoy the best in Singapore condo living.
Penrose Condo development sits on the land dimensions of 174,646 square feet, which can be evolved into several 17- or 18-storey blocks that will house an overall total of around 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 Kallang-Paya Lebar Expressway and also the Pan Island Expressway.
This accessibility, along with its proximity to a few 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 one of the most anticipated condos in Singapore since they will combine world class design that its developers are noted for with an incredible location.
Developers CDL and Hong Leong will infuse the Penrose development with a variety of amenities starting from Smart Home Technology to some stunning outdoor pool. A five-star fitness centre, BBQ pits and relaxing outdoor gardens will all produce an escape for residents, without having to leave the house.
Once they do leave the property, the area 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, there are endless opportunities to shop, dine and enjoy life without having to go far.
Another advantage of purchasing a Penrose condo is that the Urban Redevelopment Authority of Singapore has recently announced wants to rejuvenate the nearby Paya Lebar area. This means that more businesses, shops and restaurants will likely be arriving at the region.
Furthermore the URA’s plans for Paya Lebar mean that residents of Penrose may have a whole new urban centre closeby, however it will certainly increase property values later on.
Just 400 meters from the Aljunied MRT Station, those located in the Penrose condo have direct access to the East West Line. Plus, at just one-stop away from the Paya Lebar Interchange, it is rather quick to reach all parts of Singapore from your development.
One of the biggest selling points for that Penrose condo will be the quick access that is certainly offers residents to Singapore’s major parkways. It is then easier and a lot more convenient that ever to drive into the city as quickly 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 easier than ever 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 numerous good quality schools and educational institutions close to Penrose, which makes it ideal for families in the area. With a higher level of education from renowned facilities, parents in the region can be assured that these people have a great deal of options to choose from for his or her children.
Additionally, there are numerous community centres and sports-related activities for children and adults close to the Penrose condo development. The Geylang East Swimming Complex, the Singapore Basketball Centre and Paragon Sports Centre are common 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 found with a reasonable price, yet still demand solid rental returns.
Since the Penrose development offers both MRT and driving accessibility towards the CBD, it is an attractive place to live for individuals who do not want to spend our prime rent over a unit within the city. This means that those who own Penrose Condo Showflat can obtain a sizable monthly return of rental income comparable to the purchase price.
Furthermore, the wants to transform District 14 in to a business and industrial hub signifies that you will see a rental demand for those working in the region 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.