Penrose condo would be the stunning new luxury development on Sims Drive in Singapore’s District 14, just a quick 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 size of 174,646 square feet, which can be evolved into several 17- or 18-storey blocks which 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 direct access to both 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, implies 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 known for with the incredible location.
Developers CDL and Hong Leong will infuse the Penrose development with a number 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 offer an escape for residents, without needing to leave the property.
Whenever they do leave the house, the place of Penrose means that they may 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 recently announced intends to rejuvenate the nearby Paya Lebar area. Which means that more businesses, shops and restaurants is going to be coming to the region.
Not only do the URA’s plans for Paya Lebar mean that residents of Penrose may have a new urban centre closeby, however it will certainly increase property values down the road.
Just 400 meters away from the Aljunied MRT Station, those living in the Penrose condo have direct accessibility East West Line. Plus, at just destination out of the Paya Lebar Interchange, it is rather quick to achieve all the parts of Singapore from your development.
One of the biggest selling points for the Penrose condo is definitely the easy access that is certainly offers residents to Singapore’s major parkways. This will make it easier and more convenient that ever to operate to the city as quickly as possible.
Penrose finds itself just a short drive from your Kallang-Paya Lebar Expressway and Pan Island Expressway, making the trip into Singapore’s Central Business District increasingly simple for residents.
There are also numerous busses running along Aljunied Road and throughout Geylang, making sure the Penrose development provides accessibility regardless of where you have to be.
There are many top quality schools and academic institutions close to Penrose, which makes it ideal for families in the region. With a top level of education from renowned facilities, parents in the area can be confident that these people have a wealth of options to select from for their children.
Additionally, there are a number of community centres and sports-related activities both for children and adults near the Penrose condo development. The Geylang East Swimming Complex, the Singapore Basketball Centre and Paragon Sports Centre are common 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 bought at a reasonable price, yet still demand solid rental returns.
Because the Penrose development offers both MRT and driving accessibility to the CBD, it is really an attractive location to live for people who do not wish to spend the top rent over a unit within the city. This means that owners of Penrose Condo Showflat can get a sizable monthly return of rental income much like the investment price.
Furthermore, the plans to transform District 14 in to a business and industrial hub implies that there will be a rental need for those working in the area in coming years. As increasing numbers of companies move within Paya Lebar, the value Penrose properties and also the rental income should rise steadily.