Penrose is a residential condominium development that is newly launched and it is located at Sims Drive, Singapore. As an example, you just need to walk a few minutes from Penrose to reach the Aljunied MRT station, and consequently, only 1 MRT stop to reach the Paya Lebar MRT terminal that happens to be the interchange between the Circle Line and the East-West (Green Line).
Some of the attributes of Penrose Condo include its connectivity - by the Kallang-Paya Lebar Expressway and the Pan Island Expressway, a short 15-minute drive to the Central Business District penrose new launch and Orchard Road Shopping Belt and a short travelling distance to Paya Lebar MRT Interchange Station and Paya Lebar Central, located just one stop from the Aljunied MRT station.
In addition, for those looking at an investment point of view, there are international schools including James Cook University and the newly built Nexus International School to cater to the growing number of expatriates in this part of District 14. For local residents, reputable schools such as Kong Hwa primary school is just within walking distance from Penrose.
Residents have the convenient access to major expressways such as the Pan Island Expressway (PIE), the Kallang-Paya Lebar Expressway (KPE), East Coast Parkway (ECP) and Nicoll Highway, making it a breeze to reach areas such as Marina Bay, the Central Business District, Singapore Sports Hub and Changi Airport.
The 99 Years leasehold advancement on the 174,648 sqft land dimension is going to be developed to a prime city fringe development that include 570 units with a few 17 or even 18 storeys which will contains of 560 units of prime city fringe residential units which can be situated close to Aljunied MRT Station.
Penrose Condo is an upcoming residential development that is located in Aljunied planning area, Central Region of Singapore. However, the initial brochures for the development indicate that there will be a variety of residential units that cater to everybody from single professionals to larger families.
Some more with the Geylang rezone from Lorong 4 to 22, the future residents likely will spill over to other Lorong and also to sims drive. The newest Paya Lebar Central will include a 12-hectare bunch of offices, retail, F&B, e-commerce and public areas; Geylang Serai is going to be rejuvenated with a new civic center that will provide community amenities, arts areas and occasions.
To her credit, Hong Leong Holdings have developed over 100 residential estates in some of the best areas in the country. For Penrose owners who prefer to take buses, there are many buses located along Aljunied Road as well as Sims Avenue that takes you to other parts of Singapore including Orchard, Raffles Place, Geylang and Paya Lebar.
Paya Lebar Central and Paya Lebar MRT Interchange station is just one stop away from Aljunied Train Station running on the East-West Line. Penrose place at Sims Drive is situated near to many foreign schools in addition to local based academic associations which makes the development a great pick if space from colleges is your primary consideration.
Via Sims Drive and Aljunied Road, the Penrose site is about 450 metres, or 6 to 7 minutes walk from Aljunied MRT station. Residents of Penrose may also realize that the place is close to Paya Lebar Quarter that boast a fantastic choice of amenities in the shopping center.
Due to the strategic location of Geylang, plans are put into motion to transform Geylang to an attractive residential destination of choice. The land cost SGD732 psf per plot ratio (psf ppr) and it is a six to seven minutes' walk to Aljunied MRT station. Penrose Condo residents can also rejoice that the location of the development is also near to many recreational parks and sports centres that is located just a few minutes from Sims Drive.
The neighbourhood is connected to other parts of Singapore by the Pan Island Expressway and the Kallang-Paya Lebar Expressway. Depending on the cost of the property at $732 per square foot, we estimate that the purchase price of Penrose condominium units will be roughly $1400 per square foot.