Penrose condo are the stunning new luxury development on Sims Drive in Singapore’s District 14, just a brief walk from the Aljunied MRT Station. The pair of Hong Leong and CDL are developing the prime piece of real estate to compliment the Sims Urban Oasis, allowing residents to enjoy the best in Singapore condo living.
Penrose Condo Singapore development sits over a land dimensions of 174,646 square feet, which can be progressed into several 17- or 18-storey blocks that can house an overall of around 560 premium residential units.
The Penrose development finds itself inside the heart of Aljunied, just a 400 meter walk to the Aljunied MRT Station along with direct access to the Kallang-Paya Lebar Expressway as well as the Pan Island Expressway.
This accessibility, coupled with its proximity to some of Singapore’s best shopping and entertainment centres, means that those residing in the Penrose condos can experience everything Singapore provides!
The Penrose condos are among the most anticipated condos in Singapore simply because they will combine first class design that its developers are noted for with an incredible location.
Developers CDL and Hong Leong will infuse the Penrose development with a number of amenities which range from Smart Home Technology to a stunning outdoor pool. A five-star fitness centre, BBQ pits and relaxing outdoor gardens will all produce an escape for residents, without needing to leave the property.
When they do leave the property, the place of Penrose means that they can have everything right outside their door. From your exciting hawkers markets of Geylang to Kinex Shopping Mall to Paya Lebar Square, there are endless chances to shop, dine and revel in life without having to go far.
Another benefit of purchasing a Penrose condo would be that the Urban Redevelopment Authority of Singapore recently announced intends to rejuvenate the nearby Paya Lebar area. This means that more businesses, shops and restaurants will likely be visiting the area.
Furthermore the URA’s plans for Paya Lebar mean that residents of Penrose may have a whole new urban centre closeby, nevertheless it will surely increase property values down the road.
Just 400 meters out of the Aljunied MRT Station, those located in the Penrose condo have direct access to the East West Line. Plus, at only destination out of the Paya Lebar Interchange, it is very quick to arrive at all the parts of Singapore from the development.
One of the primary selling points for your Penrose condo is the easy access that is certainly offers residents to Singapore’s major parkways. This will make 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.
Additionally, there are several busses running along Aljunied Road and throughout Geylang, ensuring that the Penrose development provides accessibility no matter where you have to be.
There are many good quality schools and educational institutions close to Penrose, making it ideal for families in the region. With a top 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 their children.
There are also numerous community centres and sports-related activities for both adults and children nearby the Penrose condo development. The Geylang East Swimming Complex, the Singapore Basketball Centre and Paragon Sports Centre are great options to get children active.
The Penrose condo development offers intriguing investment possibilities, as fryodp project becoming a ‘fringe city’ property means that it can be found at a reasonable price, but still demand solid rental returns.
As the Penrose development offers both MRT and driving accessibility for the CBD, it is really an attractive spot to live for individuals who do not wish to spend the high rent on the unit within the city. Which means that those who own Penrose Condo Showroom can get a sizable monthly return of rental income similar to the investment price.
Furthermore, the plans to transform District 14 right into a business and industrial hub signifies that you will see a rental need for those working in the region in coming years. As more companies move within Paya Lebar, the value Penrose properties and also the rental income should rise steadily.