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 enjoy the most effective in Singapore condo living.
Penrose Condo development sits over 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 inside the heart of Aljunied, just a 400 meter walk to the Aljunied MRT Station with immediate access to the Kallang-Paya Lebar Expressway and also the Pan Island Expressway.
This accessibility, combined with its proximity to a few of Singapore’s best shopping and entertainment centres, means that those residing in the Penrose condos can experience everything Singapore provides!
The Penrose condos are some of the most anticipated condos in Singapore simply because 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 which range 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.
When they do leave the property, the location of Penrose means that they will 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 appreciate life without having to go far.
An additional benefit of getting a Penrose condo is that the Urban Redevelopment Authority of Singapore has announced intends to rejuvenate the nearby Paya Lebar area. This means that more businesses, shops and restaurants will be arriving at the region.
In addition the URA’s plans for Paya Lebar mean that residents of Penrose could have a brand new urban centre closeby, however it will really increase property values down the road.
Just 400 meters from the Aljunied MRT Station, those located in the Penrose condo have direct access to the East West Line. Plus, at only one stop away from the Paya Lebar Interchange, it is very quick to achieve all parts of Singapore from your development.
One of the primary selling points for your Penrose condo is definitely the easy accessibility that is offers residents to Singapore’s major parkways. This will make it easier and a lot more convenient that ever to drive to the city as fast as possible.
Penrose finds itself just a brief drive through the Kallang-Paya Lebar Expressway and Pan Island Expressway, making the trip into Singapore’s Central Business District increasingly simple for residents.
In addition there are a number of busses running along Aljunied Road and throughout Geylang, making sure the Penrose development provides accessibility regardless of where you need to be.
There are numerous high quality schools and academic institutions close to Penrose, rendering it suitable for families in the community. Using a top level of education from renowned facilities, parents in the region can be assured that they have a lot of options to select from for his or her children.
There are also several community centres and sports-related activities both for adults and children near 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 signifies that it can be bought 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 tend not to wish to spend the high rent on the unit inside the city. This means that people who own Penrose Showroom can receive a sizable monthly return of rental income similar to the investment price.
Furthermore, the plans to transform District 14 right into a business and industrial hub signifies that you will see a rental interest in those working in the region in coming years. As increasing numbers of companies move within Paya Lebar, the worth Penrose properties and the rental income should rise steadily.