Penrose condo are the stunning new luxury development on Sims Drive in Singapore’s District 14, just a brief walk from the Aljunied MRT Station. The pair of Hong Leong and CDL are establishing the prime piece of real estate property to compliment the Sims Urban Oasis, allowing residents to enjoy the most effective in Singapore condo living.
Penrose Condo Singapore development sits on the land dimensions of 174,646 square feet, which can be developed into several 17- or 18-storey blocks that can house an overall of approximately 560 premium residential units.
The Penrose development finds itself within the heart of Aljunied, just a 400 meter walk to the Aljunied MRT Station and with direct access to both the Kallang-Paya Lebar Expressway and the Pan Island Expressway.
This accessibility, combined with its proximity for some of Singapore’s best shopping and entertainment centres, signifies that those living in the Penrose condos can experience everything Singapore is offering!
The Penrose condos are some of the most anticipated condos in Singapore because they will combine top notch design that its developers are known for with the incredible location.
Developers CDL and Hong Leong will infuse the Penrose development with a variety of amenities starting from Smart Home Technology to a stunning outdoor pool. A five-star fitness centre, BBQ pits and relaxing outdoor gardens will all offer an escape for residents, while not having to leave the house.
When they do leave the home, the place of Penrose means that they can have everything right outside their door. Through the exciting hawkers markets of Geylang to Kinex Shopping Mall to Paya Lebar Square, you can find endless chances to shop, dine and appreciate life without having to go far.
An additional benefit of buying a Penrose condo would be that the Urban Redevelopment Authority of Singapore has recently announced intends to rejuvenate the nearby Paya Lebar area. Because of this more businesses, shops and restaurants is going to be visiting the region.
In addition the URA’s plans for Paya Lebar mean that residents of Penrose may have a new urban centre closeby, nevertheless it will surely increase property values later on.
Just 400 meters out of the Aljunied MRT Station, those living in the Penrose condo have direct access to the East West Line. Plus, at just destination away from the Paya Lebar Interchange, it is very quick to reach all the parts of Singapore from the development.
One of the greatest selling points for your Penrose condo is the quick access which is offers residents to Singapore’s major parkways. This makes it easier and more convenient that ever to operate to the city as soon as possible.
Penrose finds itself just a short drive through the Kallang-Paya Lebar Expressway and Pan Island Expressway, making the trip into Singapore’s Central Business District increasingly simple for residents.
There are also a number of busses running along Aljunied Road and throughout Geylang, making certain the Penrose development provides accessibility regardless of where you have to be.
There are numerous high quality schools and educational institutions close to Penrose, making it perfect for families in the community. With a higher level of education from renowned facilities, parents in the region can be assured that they have a great deal of options to choose from for his or her children.
Additionally, there are several community centres and sports-related activities for both adults and children nearby the Penrose condo development. The Geylang East Swimming Complex, the Singapore Basketball Centre and Paragon Sports Centre are common great options to get children active.
The Penrose condo development offers intriguing investment possibilities, as fryodp project being a ‘fringe city’ property implies that it can be bought at a reasonable price, but still demand solid rental returns.
Since the Penrose development offers both MRT and driving accessibility for the CBD, it is really an attractive spot to live for those who usually do not wish to spend the high rent over a unit inside the city. This means that those who own Penrose Condo Showflat can get a sizable monthly return of rental income similar to the purchase price.
Furthermore, the intends to transform District 14 into a business and industrial hub means that there will be a rental interest in those working in the area in coming years. As increasing numbers of companies move within Paya Lebar, the worth Penrose properties and also the rental income should rise steadily.