Penrose is a residential condominium development that is newly launched and it is located at Sims Drive, Singapore. As Penrose is situated in the central region, it is very close to the Central Business District, town and the New Growth Areas (Future Bidadari Estate, Paya Lebar Sub-Regional Centre, Kallang Riverside, Marina Bay) where many works at. For instance, Bugis and City Hall are only 3 and 4 stops away respectively, while Suntec City Towers is just roughly 10 minutes drive away.
Sims Vista Market and Food Centre is just one of the hawker centers that is situated near to Penrose Sims Drive with a vast selection of delicacies to your own consideration. penrose showflat Because of the strategic location of Geylang, plans have been put into motion to transform Geylang into an attractive residential destination of choice.
Additionally, together with the selling cost of Parc Esta in addition to other local developments that's currently selling at $1,600psf, the sale price should at $1,4xx psf situated closer to the town in contrast to other improvements would indicate that the sale price of Penrose is comparatively affordable.
With regards to amenities, residents of Penrose Singapore will likely be spoiled for options in the different enjoyment, buying and eating selection like the recently opened up Paya Lebar Quarter (PLQ), Tanjong Katong Complicated, Kinex yvtnmc, City Plaza, Kallang Influx Mall and Kallang Leisure Park a great deal more.
The 99 Years leasehold advancement on the 174,648 sqft land dimension is going to be developed to a prime city fringe development that include 570 units with many 17 or even 18 storeys which will contains of 560 Components of prime city fringe residential units which can be situated close to Aljunied MRT Station.
As an example, you just need to walk a few minutes from Penrose to reach the Aljunied MRT station, and consequently, only 1 MRT stop to reach the Paya Lebar MRT terminal that happens to be the interchange between the Circle Line and the East-West (Green Line).
City Developments is a leading international property and hotel conglomerate that has been established in Singapore since 1963, and is listed on the SGX. Given that the land was procured at $732 psf ppr , it's projected that the sale price for Penrose will probably be approximately $1,400 psf that's very low for a city fringe development.