Penrose condo are 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 real estate to compliment the Sims Urban Oasis, allowing residents to enjoy the most effective in Singapore condo living.
Penrose Condo development sits on a land size of 174,646 square feet, which can be progressed into several 17- or 18-storey blocks that will house a 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 and with direct access to both the Kallang-Paya Lebar Expressway as well as the Pan Island Expressway.
This accessibility, along with its proximity to a few of Singapore’s best shopping and entertainment centres, means that those living in the Penrose condos can experience everything Singapore provides!
The Penrose condos are some of the most anticipated condos in Singapore 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 number of amenities ranging from Smart Home Technology to a stunning outdoor pool. A five-star fitness centre, BBQ pits and relaxing outdoor gardens will all offer an escape for residents, while not having to leave the house.
Once they do leave the house, the place of Penrose means that they can have everything right outside their door. Through the exciting hawkers markets of Geylang to Kinex Shopping Mall to Paya Lebar Square, there are endless opportunities to shop, dine and appreciate life without needing to go far.
An additional benefit of buying a Penrose condo is the fact that 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 area.
Not only do the URA’s plans for Paya Lebar mean that residents of Penrose could have a brand new urban centre closeby, but it will really increase property values later on.
Just 400 meters away from the Aljunied MRT Station, those residing in the Penrose condo have direct accessibility East West Line. Plus, at only destination from the Paya Lebar Interchange, it is rather quick to achieve all parts of Singapore from your development.
One of the primary selling points for your Penrose condo is definitely the quick access that is offers residents to Singapore’s major parkways. This makes it easier and 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 incredibly easy for residents.
In addition there are several busses running along Aljunied Road and throughout Geylang, making certain the Penrose development provides accessibility regardless of where you should be.
There are many good quality schools and academic institutions close to Penrose, rendering it perfect for families in the area. Using a high level of education from renowned facilities, parents in the area can be reassured that these people have a wealth of options to select from for their children.
In addition there are a number of community centres and sports-related activities for both 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 signifies that it can be found in a reasonable price, yet still demand solid rental returns.
As the Penrose development offers both MRT and driving accessibility to the CBD, it is an attractive spot to live for those who usually do not wish to spend the high rent on a unit inside the city. This means that owners of Penrose Condo Showflat can get a sizable monthly return of rental income comparable to the acquisition price.
Furthermore, the plans to transform District 14 into a business and industrial hub means that there will be a rental demand for those working in the region in coming years. As more companies move within Paya Lebar, the benefit Penrose properties and the rental income should rise steadily.