Penrose is a residential condominium development that is newly launched and it is located at Sims Drive, Singapore. Penrose is a brand new condominium development located along Sims Drive, District 14. Developed jointly by Singapore's home grown developers City Development(CDL) and Hong Leong Group, the Penrose Condo precinct is part of URA master plan to rejuvenate the Geylang area.
Given its location on the city fringe and proximity to Aljunied MRT station, this is deemed on the low side for the area. The new Aljunied The penrose Condo comprises a total of 570 units comprising of units ranging from 1 to 5 bedroom layouts, including a childcare centre within.
As one of Singapore's largest companies by market capitalisation, its income-stable and geographically-diversified portfolio comprises residences, offices, hotels, serviced apartments, integrated developments and shopping malls, totalling over 18 million square feet of floor area globally.
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.
Furthermore, thinking about the selling price of Parc Esta along with other improvements in the area already selling at $1,600psf, it means that the selling price of Penrose that is put at $1,400 psf is actually cost and affordable cost, considering it is a location that's even closer to the city center compared to other improvements.
The 99 Years leasehold advancement on the 174,648 sqft land size is going to be developed into a prime city fringe development that consist of 570 units with many 17 or even 18 storeys that will contains of 560 Components of prime city fringe residential units which is situated near to Aljunied MRT Station.
Geylang Bahru Market and Food Centre and Old Airport Road Food Centre are one of the famed hawker centres in Singapore that offers a plethora of delicious and must-try food options. They have established the Hong Leong Foundation which finances different civic programs but in Singapore and at the international stage.
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