Latest Unit Sold: #11-03 On 11-March-2021 | See What Units Are Left
- Latest Updates
- 20-04-2021: Book an Appointment to view the Penrose Showflat and get limited time only Developer Discounts!
- 30-01-2021: Last few 2-bedroom + study units left! Read more about this residential development.
- 29-09-2020: Penrose has sold more than 60% on just the first 3 days of opening launch! Grab the remaining choice units via the Balance Units Chart
- 21-08-2020: See the latest 1 to 4 bedroom unit sizes in the Penrose Floor Plan
- 17-08-2020: Details of the Penrose Site Plan is ready for preview.
- 21-07-2020: The Penrose Gallery is ready. Check out the latest artist perspectives!
- 07-06-2020: Want to know where the food and shopping spots near to this condominium are? See the nearby amenities for more info.
- 23-05-2020: Read more on the developers behind the development of Penrose.
- 21-04-2020: Check your loan eligibility by calculating Max Loan Eligibility Calculator (TDSR) in this website.
- 17-04-2020: Penrose Location Map have been updated.
- 05-03-2020: Want to find out more on the plans URA has for Aljunied? Read the Geylang – Marine Parade URA Master Plan
Penrose is developed by NovaSims Development Pte. Ltd, a joint collaboration between Hong Leong Holdings Limited and City Developments Limited (CDL). CDL was named recently as one of the world’s most sustainable corporations.
With many successful residential projects in its track record, and the philosophy of “Conserving As We Construct”, CDL will be surprising residents once again with its innovative design for this development.
Penrose is next to 2 international institutions, James Cook University and Nexus International School. Within a short drive is also popular primary schools, like Geylang Methodist School, Canossa Catholic Primary School and Kong Hwa School.
Located just 15 minutes drive to the city, the development is quickly accessible to the KPE and PIE. You can find all the amenities in the Penrose location map.
Guests who booked an appointment here will not be charged any commission and shall receive Direct Developer Discounts. Kindly do take note that all purchases of units at the Penrose Showflat are on a first-come-first-served basis.
Penrose is a new housing development located within Aljunied and at the fringe of Kallang. This new approved residential flat development along Sims Drive occupies 174,469 square feet and comprises of 566 residential units, spaciously spread out among five 18-Storey blocks with views overlooking the Kallang basin. Penrose is designed by intertwining people, nature and architecture, while keeping a focus on family bonding. The thoughtful developers of Penrose created a Sky Dining Pavilion on the top floor of Block 30, so residents can enjoying cooking dinner under the night sky for family and friends in an alfresco setting. They also included a childcare center within the compound so busy parents can leave their children in good hands with the safety of their residence. To minimise noise and dust from the busy traffic, the residential units facing the Pan-Island Expressway is set back 30 meters, with the Kid’s Adventure Park sandwiched in the two. These same units only start from level 5 up, with the multi-storey carpark occupying the first 4 floors, and they have special 12mm thick windows to further mute out the noise.
Penrose is a popular project with many Singaporeans, having sold the majority of the units on the launch day. Aspiring property owners can read in depth about this condo here – Penrose: Endless Awe. You can download and view the Penrose Floor Plan
Penrose condo is across the street from Sims Vista Market and Food Centre, and about 5 minutes drive to Old Airport Road Food Centre. For those looking at lifestyle options in an air-conditioned environment, they can take a 5 minutes drive to Singpost Centre, Paya Lebar Quarter and Paya Lebar Square, where key amenities like banks, post office, supermarkets are located. These malls also boast of cinemas, a wide range of restaurants and cafes, and retail therapy for those who need a good break. These 3 buildings also form the key employment hub of the eastern city fringe area, together with the Macpherson industrial zone to the north of Penrose.
The proud owners of this new housing development get to enjoy lots of outdoor recreational activities at the Kallang Sports Hub nearby. Sports enthusiasts can enjoy activities like basketball, badminton, beach volley ball, and even lawn bowling at this integrated sports complex. Concerts are regularly held at the Kallang Indoor Stadium nearby, and for those looking for a more relaxed evening can take a walk along the Kallang River.
Penrose is also near the famous Marine Parade beaches, which provide another option to outdoor activity lovers.
Penrose access to the Pan-Island Expressway (PIE) is about 2 minutes and the Kallang-Paya Lebar Expressway (KPE) is about 4 minutes, making it convenient for residents to traverse to every part of Singapore by car. The drive to the Central Business District is approximately 15 minutes. Travelling along the main Aljunied Road nearby, residents can easily reach the Macpherson industrial estate, Woodleigh, and Mountbatten in 10 minutes. The close proximity of the Aljunied MRT station along the East-West line, and being only 1 MRT stop to Paya Lebar MRT which also serves the Circle line, makes travelling to the city via train as quick and convenient as driving a car. The buses which stop in front of the Penrose goes to Dhoby Ghaut, Marine Parade and Ubi.
James Cook University and Nexus International School, 2 well-known international education institutions are both a short walk from Penrose, and they attract numerous foreign students to reside in this region. On top of that, the well-known Geylang Methodist School, which provide both Primary and Secondary education, is just beside the Aljunied MRT. Other local schools like Macpherson Primary School, Canossa Convent Primary School and Kong Hwa School are within a short drive from Penrose. Parents who are looking to move into an area with good schools will be spoilt for choice at the Penrose.
While many thought that the Kallang Basin area has already completed its facelift, Sports Singapore announced in Aug 2019 that the transformation of the area is only midway. The project, termed “Kallang Alive”, consists of five other complimentary buildings to the existing Singapore Sports Hub, namely the Singapore Tennis Centre, Kallang Football Hub, Alive Gateway and Loop, Benaan Kapal Green, and the redevelopment of the Kallang Theatre with its adjoining areas into an integrated entertainment, sport, and lifestyle centre. Residents of Penrose will get to enjoy the new Jalan Benaan Kapal waterfront, where an active community park space will be coming up. The waterfront can have park connectors, riverside lookout points, and a multi-generational ‘enabling gym’ for all those residing the vicinity to enjoy.
The better known Paya Lebar transformation is also midway, having cleared part of the old low-rise industrial factories north of Singpost Center. A large part of the restored land is earmarked for commercial purposes, which can be integrated offices, malls, and homes.
With changes in the region, what are investors are saying about the potential of Penrose? Read about them in the Penrose review!
Penrose is 76.15% sold as of 15th March 2021, with the 1 bedroom and 1 bedroom + study units sold on the launch day. This is due to the competitive prices from $15xx per square feet, and its close proximity to the Core Central Region.
All the 2 bedroom configurations are SOLD OUT as well, and the total number of 3 bedroom classic units still available is 17.
Among the remaining 3 bedroom classic units, the 3(d) layout units under stack 33 are the most popular, which are corner units facing the 50m swimming pool and the Tree House Pavilion, and prices start from $1.572m. The next most popular are the 3(c) layout units under stack 30, which is also a corner unit at block 30m, but facing the driveway to the multi-storey carpark. These units start from $1.563m. These 2 layouts are a mirror image of each other, with all the bedrooms facing inward.
For more analysis of popular layouts and stacks for 3 bedroom premium and 4 bedroom units, come visit us at the Penrose Showflat today!
PENROSE IN THE NEWS
Penrose condo was 60.3% sold on its launch day at 5pm, Sunday (Sept 27 2020). A total of 341 units out of 566 in this Sims Drive residence had been taken up, mentioned the Hong Leong Group in a media release. The 99-year leasehold Penrose condominium units were priced from $788,000 for a one-bedroom unit, $943,000 for a two-bedroom apartment, $1.33 million for a three-bedroom unit and $2.11 million for a four-bedroom apartment. The developer Hong Leong added that almost 85% of the purchasers at the launch were Singaporeans, with foreigners and permanent residents forming the remaining numbers. This is partially because of interest from HDB upgraders which not only came from around Penrose location, but also across the island city. That was how popular this condo is because of the competitive Penrose price.
It seems the good timing and sensitive pricing were the key factors behind the good response to the Penrose sales launch.
For more information on what are still available, do make an appointment with us to see the Penrose Showflat today!
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