The Penrose Condo at Sims Drive Review
The Penrose Selling Points
Is The Penrose worth the investment?
We’ve outlined some of its top selling points below:
🚉 About 5 minutes of walk to Aljunied MRT station
🏫 In close proximity to primary, secondary, and international schools
⚽ A short drive to Kallang Sports Hub
🚉 A few stops to City Hall station
🛒 Near malls, shopping squares, and restaurants
🏠 A project of renowned developers Hong Leong and CDL
🏊 Complete with 50m lap pool, children’s’ playground, and alfresco dining
The Penrose Condo
This is a project made by developers Hong Leong & CDL who are known to combine top-notch condo designs and building it in accessible locations all over Singapore.
This luxury residential development right along Sims Drive, District 14 will be launched as part of the Singapore Urban Master Plan.
Located right at the heart of Geylang, The Penrose is the perfect place for leisure and business.
Residents will be able to come home after a long day and tune off all the distractions from the metropolis, and in the morning, they won’t have to travel far to get to their workplace–setting the perfect environment for optimal rest and ease.
Conveniently located, the future residents of this new project will simply be a stone’s throw away a mere 400m away from the nearest station.
With Pan Island Expressway and the Kallang-Paya Lebar Expressway, the Central Business District and Orchard Road Shopping Belt will only be a short 15-minute drive away from this picturesque structure as well.
And, for their household and entertainment needs, they can easily head over to Paya Lebar which is located only a station away.
Needless to say, this new project is a coveted place for owners who want the experience of shopping and dining within reach.
The Sim Villa will sit at an area of 174,648 sq. ft. property and will be broken down into 17 or possibly 18 blocks.
Soon, this will be home to 560 families and condo owners for a 99-year leasehold site.
This is the ultimate residential respite for those who want a combination of luxury and world-class design in an accessible location!
The The Penrose Launch date will be this year in 2020 with many real estate buyers anticipating its official opening.
Keep on reading this The Penrose Review to learn more about this interesting new development.
|Project Name||The Penrose|
|Developer||Hong Leong & CDL|
|Developer Sales Hotline||65 6100 6150|
|Est Indicative Selling Price|
|Type Of Development||Condominium|
|Address||56 Sims Dr, Singapore 380056|
|Postal District||D14 Eunos / Geylang / Paya Lebar|
|Tenure||99 years leasehold|
|Land Area||174.648 sq ft|
|Max Gross Floor Area|
|Gross Plot Ratio||3.0|
|No. Of Towers|
|No. Of Units||560|
|Bedroom Allocation||1-4 bedrooms|
|Description||The Penrose condo is a 560 units of 1-4 bedrooms 99 years leasehold project, located at 56 Sims Dr, developed by Hong Leong & CDL and expected to TOP in 2024|
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Singapore Street Directory Location
Google Map Location
Google Street View
The guiding motive behind this The Penrose new launch is to offer a prime piece of real estate that will allow its residences to enjoy the best experience of Singapore.
The Penrose Location map
You can easily find The Penrose along Sims Drive at District 14.
This is right in the heart of Aljunied estate.
With just a short 8 minute stroll, its residences will arrive at Aljuneid MRT which is just 400m away from the condo.
In the surrounding areas, the residents will always have a plethora of options in dining, shopping, and entertainment.
Two major expressways, namely Pan Island Expressway and the Kallang-Paya Lebar Expressway, are just nearby as well.
The Changi Airport and Orchard Road Shopping Belt are but a few minutes drive as well.
Just by the location alone, The Penrose is truly an urban residential owner’s dream come true.
About Developer’s Background
The developers in charge of building and launching this new The Penrose are the Hong Leong Holdings (HLH) Limited and City Developments Limited (CDL).
Hong Leong Holdings is one of Singapore’s highly esteemed developers, with over 40 years of experience in their belt.
Boasting an extensive portfolio–complete with over 100 residential and 8 commercial projects–Hong Leong Holdings Limited is truly at the top of their business.
They have secured their business not only in Singapore but all around the Asia-Pacific, Europe, and North America too.
Ever since its conception in 1941, Hong Leong Holdings continues to be a major player in property investment and development.
For this The Penrose Project, Hong Leong Holdings partners with City Developments Limited.
This Singapore-based real estate company has dealings with businesses from all over the globe.
They have made a name for themselves in their 50+ years in the real estate development business.
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Specifically, it will be located just 5 minutes away from Aljunied MRT with direct access to the East-West Line.
Of course, it will be near shopping and dining areas too such as Paya Lebar Square, Paya Lebar Quarter, and Onekm Mall.
City Hall and Orchard Road will be accessible by a short car-ride or by bus from the The Penrose site too.
For outdoor activities, the East Coast Park is but a quick 10-minutes maximum drive as well.
The Penrose near to one km mall
The Penrose near aljunied mrt
The Penrose near City Plaza
The Penrose near Cold Storage One KM
The Penrose near paya lebar quarter mall
The Penrose near Paya Lebar Square
The Penrose near Singpost Centre
Floor plan Download
You’ll be glad to know that you can invest in this property for a reasonable price and will be able to have it rented out quite easily.
Its accessibility alone will make it an ace for those who are on the hunt for a condo to rent.
kallang riverside master plan ura
Not to mention, you would still be able to make solid returns without jacking up the rent prices too high–it’s the perfect real estate investment if you play your cards right.
After all, based on the current rates in the market in consideration to other Sims Urban Oasis projects, you’ll be looking at about $4000 minimum of rental rate for a 3-bedroom apartment.
This property is not just for leisure and fun, but it’s perfect for families with children as well!
Reputable schools are quite close to The Penrose.
There is Macpherson Primary School, Geylang Methodist School, Cedar Primary School, Geylang Methodist Secondary School, Kong Hwa School, Nexus International School, and others.
However, it will be sure to have recreational facilities and even a 50m lap pool.
Lounge in this poolside bliss or simply enjoy an afternoon walk in the manicured lawns that blanket the surrounding areas of this beautiful property.
You can also spend time with your little ones at the playground or near the kids’ pool–it’s all up to you.
You might also enjoy a romantic evening by dining alfresco with your other half to enjoy the peace and quiet in the neighborhood.
As for now, these are the facilities listed, and there might just be more as the development progresses.
The Penrose grand plaze
The Penrose pool view
The Penrose top view
The Penrose grill
Site map/floor plan
However, in anticipation of its The Penrose top date launch, the The Penrose Condo price is estimated to be at a minimum of $1400 – $1600 for a The Penrose Psf.
The Penrose Review
Set in a background of luxury and top-condo living, it’s no wonder this real estate launch is coveted by homebuyers and investors alike.
Thanks to its strategic location and world-class design, you can invest in this new Singapore property as an income-generating venture.
After all, its units (although the specific sizes are yet to be released) can yield good returns while still remaining to be affordable for investors like you.
It’s also anticipated for the capital to continue to appreciate as the launch dates draw near.
This is a Singapore real estate dream that practically just sells itself.
The amenities, the location, and the possibility of investment–all these make The Penrose a refreshing introduction into the Singapore real estate market.
Although the The Penrose Floor plan is yet to be released, you can schedule for a The Penrose Showflat viewing as early as now.
Register for Showflat visit
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