Penrose is a residential condominium development that is newly launched and it is located at Sims Drive, Singapore. The 99 Years leasehold development on the 174,648 sqft land size will be developed into a prime city fringe development that consist of 570 units with several 17 or 18 storeys that will comprises of 560 Units of prime city fringe residential units that is located near to Aljunied MRT Station.
Suited for family stay, Penrose is easily accessible to the Central Business District within short driving distance, or just 4 train stations down to City Hall. penrose launch date being located at Sims Drive means it is just short drive to Hawker Centres as well as eateries.
Given that plans have been conclude to start residential developments in Geylang, luxurious developments like Penrose are included together with other deluxe condos to make the best use of the close proximity of the site to Singapore’s centre of sports.
If people here want to drive to Central Business District then they will be pleasantly surprised as the Penrose situated Sims Drive is just a short drive away from the Pan Island Expressway (popularly known as PIE) which will take them directly to the orchard area of the Central Business District.
Furthermore, thinking about the selling price of Parc Esta along with other improvements in the area already selling at $1,600psf, it means that the selling price of Penrose that is put at $1,400 psf is actually cost and affordable cost, considering it is a location that’s even closer to the city center compared to other improvements.
Residents who tend to drive to the Central Business District will be presently surprised that Penrose location at Sims Drive is a short drive away to Pan Island Expressway (PIE) that takes you directly to Orchard area or the Central Business District.
Penrose Condo being located at Sims Drive signifies it’s just short drive to Hawker Centres as well as eateries. The Penrose condo development offers intriguing investment possibilities, as the project being a ‘fringe city’ property means that it can be purchased at a reasonable price, yet still demand solid rental returns.