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 developing the prime piece of property to compliment the Sims Urban Oasis, allowing residents to enjoy the most effective in Singapore condo living.
Penrose Condo Singapore development sits on a land scale of 174,646 square feet, which can be progressed into several 17- or 18-storey blocks that will house an overall total of approximately 560 premium residential units.
The Penrose development finds itself within the heart of Aljunied, just a 400 meter walk for the Aljunied MRT Station along with direct access to both the Kallang-Paya Lebar Expressway as well as the Pan Island Expressway.
This accessibility, coupled with its proximity to a few of Singapore’s best shopping and entertainment centres, signifies that those located in the Penrose condos can experience everything Singapore is offering!
The Penrose condos are one of the most anticipated condos in Singapore simply because they will combine first class design that its developers are recognized for with the incredible location.
Developers CDL and Hong Leong will infuse the Penrose development with a variety 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 provide an escape for residents, without needing to leave the property.
Whenever they do leave the property, the location of Penrose means that they can have everything right outside their door. From the exciting hawkers markets of Geylang to Kinex Shopping Mall to Paya Lebar Square, you can find endless opportunities to shop, dine and revel in life without needing to go far.
An additional benefit of buying a Penrose condo is the fact that Urban Redevelopment Authority of Singapore has announced intends to rejuvenate the nearby Paya Lebar area. This means that more businesses, shops and restaurants is going to be coming to the region.
Furthermore the URA’s plans for Paya Lebar mean that residents of Penrose will have a whole new urban centre closeby, nevertheless it will really increase property values in the future.
Just 400 meters from the Aljunied MRT Station, those living in the Penrose condo have direct access to the East West Line. Plus, at only one-stop from the Paya Lebar Interchange, it is very quick to reach all the parts of Singapore from your development.
One of the greatest selling points for your Penrose condo is definitely the easy accessibility that is offers residents to Singapore’s major parkways. It is then easier and a lot more convenient that ever to get to the city as soon 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, ensuring that the Penrose development provides accessibility regardless of where you need to be.
There are numerous good quality schools and academic institutions close to Penrose, rendering it ideal for families in the area. With a higher level of education from renowned facilities, parents in the area can be assured that they have a wealth of options to choose from for his or her children.
Additionally, there are numerous community centres and sports-related activities both for adults and children nearby 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 becoming a ‘fringe city’ property implies that it can be purchased in a reasonable price, but still demand solid rental returns.
Since the Penrose development offers both MRT and driving accessibility for the CBD, it is really an attractive spot to live for those who usually do not wish to spend our prime rent on the unit within the city. This means that those who own Penrose Showflat can obtain a sizable monthly return of rental income similar to the investment price.
Furthermore, the wants to transform District 14 right into a business and industrial hub means that you will see a rental demand for those working in the region in coming years. As increasing numbers of companies move within Paya Lebar, the benefit Penrose properties and the rental income should rise steadily.