Penrose condo would be the stunning new luxury development on Sims Drive in Singapore’s District 14, just a short 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 over a land size of 174,646 square feet, which can be evolved into several 17- or 18-storey blocks that can house a total of around 560 premium residential units.
The Penrose development finds itself in the heart of Aljunied, just a 400 meter walk towards the Aljunied MRT Station and with direct access to both the Kallang-Paya Lebar Expressway and the Pan Island Expressway.
This accessibility, coupled with its proximity for some of Singapore’s best shopping and entertainment centres, means that those located in the Penrose condos can experience everything Singapore is offering!
The Penrose condos are some of the most anticipated condos in Singapore since they will combine top notch design that its developers are known for with an incredible location.
Developers CDL and Hong Leong will infuse the Penrose development with a variety of amenities ranging from Smart Home Technology to your 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 property.
Whenever they do leave the house, the area 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 chances to shop, dine and enjoy life without having to go far.
Another advantage of purchasing a Penrose condo would be that the Urban Redevelopment Authority of Singapore has recently announced wants to rejuvenate the nearby Paya Lebar area. Which means that more businesses, shops and restaurants is going to be arriving at the location.
Furthermore the URA’s plans for Paya Lebar mean that residents of Penrose may have a whole new urban centre closeby, but it will really increase property values down the road.
Just 400 meters from the Aljunied MRT Station, those living in the Penrose condo have direct access to the East West Line. Plus, at only one-stop out of the Paya Lebar Interchange, it is extremely quick to achieve all the parts of Singapore from the development.
One of the primary selling points for your Penrose condo is definitely the easy access that is certainly offers residents to Singapore’s major parkways. This will make it easier and a lot more convenient that ever to get into the city as fast as possible.
Penrose finds itself just a short drive through 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 numerous busses running along Aljunied Road and throughout Geylang, ensuring that the Penrose development provides accessibility regardless of where you need to be.
There are numerous top quality schools and educational institutions close to Penrose, making it perfect for families in the region. Having a high level of education from renowned facilities, parents in the area can be assured that these people have a lot of options to pick from for his or her children.
There are also several community centres and sports-related activities for both adults and children close to the Penrose condo development. The Geylang East Swimming Complex, the Singapore Basketball Centre and Paragon Sports Centre are great choices to get children active.
The Penrose condo development offers intriguing investment possibilities, as fryodp project being a ‘fringe city’ property implies that it can be found in a reasonable price, yet still demand solid rental returns.
Because the Penrose development offers both MRT and driving accessibility towards the CBD, it is really an attractive place to live for individuals who usually do not wish to spend our prime rent on the unit in the city. This means that owners of Penrose Condo Showroom can receive a sizable monthly return of rental income much like the purchase price.
Furthermore, the plans to transform District 14 in to a business and industrial hub implies that you will see a rental interest in those working in the region in future years. As increasing numbers of companies move within Paya Lebar, the benefit Penrose properties and the rental income should rise steadily.