Penrose condo would be the stunning new luxury development on Sims Drive in Singapore’s District 14, just a brief walk from the Aljunied MRT Station. The pair of Hong Leong and CDL are establishing the prime piece of property to compliment the Sims Urban Oasis, allowing residents to enjoy the very best in Singapore condo living.
Penrose Condo Singapore development sits on the land scale of 174,646 square feet, which can be developed into several 17- or 18-storey blocks that will house an overall of around 560 premium residential units.
The Penrose development finds itself inside the heart of Aljunied, just a 400 meter walk to the Aljunied MRT Station along with direct 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 some of the most anticipated condos in Singapore simply 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 variety of amenities ranging 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 home.
When they do leave the home, the area of Penrose means that they can have everything right outside their door. From your exciting hawkers markets of Geylang to Kinex Shopping Mall to Paya Lebar Square, you can find endless possibilities to shop, dine and enjoy life while not having to go far.
An additional benefit of purchasing a Penrose condo would be that the Urban Redevelopment Authority of Singapore has recently announced intends to rejuvenate the nearby Paya Lebar area. This means that more businesses, shops and restaurants will be coming to the location.
In addition the URA’s plans for Paya Lebar mean that residents of Penrose will have a new urban centre closeby, but it will certainly increase property values in the future.
Just 400 meters away from the Aljunied MRT Station, those residing 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 achieve all the parts of Singapore through the development.
One of the biggest selling points for your Penrose condo will be the easy access which is offers residents to Singapore’s major parkways. It is then easier and a lot more convenient that ever to drive into 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 increasingly simple for residents.
In addition there are numerous busses running along Aljunied Road and throughout Geylang, making sure the Penrose development provides accessibility regardless of where you should be.
There are several top quality schools and academic institutions close to Penrose, rendering it suitable for families in the region. With a high level of education from renowned facilities, parents in the region can be confident that these people have a great deal of options to select from for his or her children.
There are also 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 as being a ‘fringe city’ property implies that it can be purchased with a reasonable price, but still demand solid rental returns.
As the Penrose development offers both MRT and driving accessibility towards the CBD, it is really an attractive spot to live for those who tend not to want to spend the high rent on the unit in the city. Which means that those who own Penrose Condo Showroom can obtain a sizable monthly return of rental income comparable to the acquisition price.
Furthermore, the wants to transform District 14 right into a business and industrial hub means that there will be a rental need for those working in the region in coming years. As increasing numbers of companies move within Paya Lebar, the value Penrose properties as well as the rental income should rise steadily.