Penrose Condo

Penrose Condo is a new launch residential condominium development, located at Sims Drive, Singapore. Developed by a joint venture of two of Singapore’s biggest and most renowned develeopers, Hong Leong Holdings and City Development Limited, Penrose Condominium is poised to be an Iconic Condo, providing exceptional value and quality to residents.

Penrose Development comprises of 566 luxurious residential units in 5 blocks of 18-Storey Towers, complete with full condominium facilities for residents to enjoy. These Facilities include the 50m Lap Pool, Gymnasium, Tennis Court, Grand Clubhouse, Games Room, and the Sky Pavilion area, where exciting fireworks can be viewed during special occasions.

There is a wide selection of floorplan layouts to select. From 1 Bedroom to 4 Bedroom Units, there is a unique home layout for every need and preference. Penrose Project is attractively priced. With the expertise and experience of Singapore’s biggest developer, Penrose’s prime location, premium fittings and finishings used, residents can expect top quality homes that are value for money.

With a winning bid of $383,529,936 ($732 psf ppr), the land bid offers a cautious outlook, unlike the frenzy bidding for other land plots in other areas. This reasonable land price bid will benefit the purchasers of Penrose Condominium, by purchasing an ideal home at a fair value.

With the gentrification of Aljunied and Geylang into an affluent and upscale residential enclave, long term capital appreciation is expected. Rental demand will also be healthy, owing to Penrose’s convenient location near Aljunied MRT and easy access to city area.