Penrose condo would be the stunning new luxury development on Sims Drive in Singapore’s District 14, just a quick walk away from the Aljunied MRT Station. The pair of Hong Leong and CDL are developing the prime piece of real estate property to compliment the Sims Urban Oasis, allowing residents to enjoy the most effective in Singapore condo living.
Penrose Condo development sits over a land dimensions of 174,646 square feet, which can be progressed into several 17- or 18-storey blocks that will house a total 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, combined with its proximity to some of Singapore’s best shopping and entertainment centres, signifies that those located in the Penrose condos can experience everything Singapore is offering!
The Penrose condos are among the most anticipated condos in Singapore because they will combine world class design that its developers are known for with the incredible location.
Developers CDL and Hong Leong will infuse the Penrose development with many different amenities starting from Smart Home Technology to some stunning outdoor pool. A five-star fitness centre, BBQ pits and relaxing outdoor gardens will all offer an escape for residents, without needing to leave the home.
Once they do leave the property, the place of Penrose means that they may 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 appreciate life while not having to go far.
Another advantage of buying a Penrose condo is that the Urban Redevelopment Authority of Singapore recently announced plans to rejuvenate the nearby Paya Lebar area. Because of this more businesses, shops and restaurants will likely be coming to the area.
In addition the URA’s plans for Paya Lebar mean that residents of Penrose could have a new urban centre closeby, nevertheless it will surely increase property values later on.
Just 400 meters from the Aljunied MRT Station, those located in the Penrose condo have direct accessibility East West Line. Plus, at only one-stop out of the Paya Lebar Interchange, it is rather quick to arrive at all parts of Singapore from the development.
One of the primary selling points for that Penrose condo is the easy accessibility that is certainly offers residents to Singapore’s major parkways. It is then easier and more convenient that ever to operate into the city as fast 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 increasingly simple for residents.
There are also a number of busses running along Aljunied Road and throughout Geylang, ensuring that the Penrose development provides accessibility regardless of where you have to be.
There are several high quality schools and educational institutions close to Penrose, rendering it suitable for families in the area. 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 select from for children.
There are also several community centres and sports-related activities for children and adults nearby 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 as being a ‘fringe city’ property signifies that it can be bought in a reasonable price, but still demand solid rental returns.
Because the Penrose development offers both MRT and driving accessibility to the CBD, it is really an attractive place to live for individuals who tend not to wish to spend the top rent on the unit inside the city. Which means that those who own Penrose Showflat can obtain a sizable monthly return of rental income similar to the purchase price.
Furthermore, the intends to transform District 14 right into a business and industrial hub implies that there will be a rental need for those working in the area in future years. As increasing numbers of companies move within Paya Lebar, the worth Penrose properties and the rental income should rise steadily.