Penrose condo are the stunning new luxury development on Sims Drive in Singapore’s District 14, just a quick walk 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 experience the best in Singapore condo living.
Penrose Condo development sits on a land scale of 174,646 square feet, which can be progressed into several 17- or 18-storey blocks that can house a total of approximately 560 premium residential units.
The Penrose development finds itself inside the heart of Aljunied, just a 400 meter walk for the Aljunied MRT Station and with direct access to the Kallang-Paya Lebar Expressway and also the Pan Island Expressway.
This accessibility, combined with its proximity to a few of Singapore’s best shopping and entertainment centres, implies that those residing in the Penrose condos can experience everything Singapore is offering!
The Penrose condos are some of the most anticipated condos in Singapore simply because they will combine first class design that its developers are recognized 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 produce an escape for residents, without needing to leave the home.
Once they do leave the house, the area of Penrose means that they may have everything right outside their door. From your exciting hawkers markets of Geylang to Kinex Shopping Mall to Paya Lebar Square, you can find endless opportunities to shop, dine and revel in life without having to go far.
An additional benefit of buying a Penrose condo is that the Urban Redevelopment Authority of Singapore has recently announced wants to rejuvenate the nearby Paya Lebar area. This means that more businesses, shops and restaurants will be visiting the area.
Furthermore the URA’s plans for Paya Lebar mean that residents of Penrose could have a brand new urban centre closeby, nevertheless it will certainly increase property values later on.
Just 400 meters out of the Aljunied MRT Station, those residing 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 parts of Singapore through the development.
One of the biggest selling points for that Penrose condo is definitely the quick access which is offers residents to Singapore’s major parkways. This will make it easier and more convenient that ever to operate to the city as soon as possible.
Penrose finds itself just a quick drive through the Kallang-Paya Lebar Expressway and Pan Island Expressway, making the trip into Singapore’s Central Business District increasingly simple for residents.
In addition there are a number of busses that run along Aljunied Road and throughout Geylang, making certain the Penrose development provides accessibility no matter where you have to be.
There are several good quality schools and educational institutions close to Penrose, which makes it ideal for families in the community. Having a top level of education from renowned facilities, parents in the area can be assured that they have a great deal of options to choose from for their children.
There are also several community centres and sports-related activities both 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 becoming a ‘fringe city’ property means that it can be purchased at a reasonable price, yet still demand solid rental returns.
As the Penrose development offers both MRT and driving accessibility towards the CBD, it is really an attractive spot to live for those who tend not to want to spend the top rent on a unit inside the city. This means that those who own Penrose Showflat can obtain a sizable monthly return of rental income comparable to the investment price.
Furthermore, the plans to transform District 14 in to a business and industrial hub means that you will see a rental interest in those working in the area in coming years. As more companies move within Paya Lebar, the worth Penrose properties and also the rental income should rise steadily.