Penrose condo would be 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 property to compliment the Sims Urban Oasis, allowing residents to experience the most effective 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 will house an overall of around 560 premium residential units.
The Penrose development finds itself inside the heart of Aljunied, just a 400 meter walk towards the Aljunied MRT Station along with direct access to both 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, signifies that those located in the Penrose condos can experience everything Singapore has to offer!
The Penrose condos are among the most anticipated condos in Singapore simply because they will combine world class design that its developers are noted for with an incredible location.
Developers CDL and Hong Leong will infuse the Penrose development with many different amenities ranging from Smart Home Technology to your stunning outdoor pool. A five-star fitness centre, BBQ pits and relaxing outdoor gardens will all provide an escape for residents, without having to leave the house.
Once they do leave the property, the area 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, you will find endless chances to shop, dine and revel in life without needing to go far.
Another benefit of buying a Penrose condo is the fact that Urban Redevelopment Authority of Singapore recently announced wants to rejuvenate the nearby Paya Lebar area. Because of this more businesses, shops and restaurants will be coming to the region.
In addition the URA’s plans for Paya Lebar mean that residents of Penrose may have a whole new urban centre closeby, however it will certainly 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 away from the Paya Lebar Interchange, it is extremely quick to arrive at all parts of Singapore through the development.
One of the biggest selling points for the Penrose condo is the quick access that is certainly offers residents to Singapore’s major parkways. This will make it easier and a lot more convenient that ever to operate into the city as soon as possible.
Penrose finds itself just a brief 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 several busses that run along Aljunied Road and throughout Geylang, ensuring that the Penrose development provides accessibility no matter where you should be.
There are many good quality schools and educational institutions close to Penrose, rendering it suitable for families in the region. With a top level of education from renowned facilities, parents in the area can be confident that there is a great deal of options to choose from for his or her children.
Additionally, there are numerous community centres and sports-related activities for children and adults close to the Penrose condo development. The Geylang East Swimming Complex, the Singapore Basketball Centre and Paragon Sports Centre are all 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 purchased in a reasonable price, but still demand solid rental returns.
Because the Penrose development offers both MRT and driving accessibility for the CBD, it is really an attractive location to live for people who usually do not wish to spend the high rent on a unit within the city. Which means that owners of Penrose Condo Showflat can get a sizable monthly return of rental income comparable to the purchase price.
Furthermore, the wants to transform District 14 right into a business and industrial hub means that you will see a rental demand for those working in the area in future years. As more companies move within Paya Lebar, the worth Penrose properties and the rental income should rise steadily.