- April 27, 2020
Penrose Showflat – View This Newest Apartments..
Penrose condo are the stunning new luxury development on Sims Drive in Singapore’s District 14, just a brief walk away from the Aljunied MRT Station. The pair of Hong Leong and CDL are developing the prime piece of real estate property to compliment the Sims Urban Oasis, allowing residents to experience the best in Singapore condo living.
Penrose Condo Singapore development sits over a land size of 174,646 square feet, which can be developed into several 17- or 18-storey blocks that will house a total of approximately 560 premium residential units.
The Penrose development finds itself within the heart of Aljunied, just a 400 meter walk towards the Aljunied MRT Station with direct access to the Kallang-Paya Lebar Expressway and also the Pan Island Expressway.
This accessibility, along with its proximity for some of Singapore’s best shopping and entertainment centres, implies that those living in the Penrose condos can experience everything Singapore is offering!
The Penrose condos are one of the most anticipated condos in Singapore because they will combine world class design that its developers are recognized for having an incredible location.
Developers CDL and Hong Leong will infuse the Penrose development with a variety of amenities starting from Smart Home Technology to some 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.
Once they do leave the house, the area of Penrose means that they will have everything right outside their door. From the exciting hawkers markets of Geylang to Kinex Shopping Mall to Paya Lebar Square, there are endless opportunities to shop, dine and enjoy life without needing to go far.
An additional benefit of purchasing a Penrose condo would be that the Urban Redevelopment Authority of Singapore has announced intends to rejuvenate the nearby Paya Lebar area. Which means that more businesses, shops and restaurants is going to be coming to the area.
Furthermore the URA’s plans for Paya Lebar mean that residents of Penrose will have a new urban centre closeby, nevertheless it will surely increase property values down the road.
Just 400 meters away from the Aljunied MRT Station, those residing in the Penrose condo have direct accessibility East West Line. Plus, at just destination from the Paya Lebar Interchange, it is rather quick to reach all parts of Singapore from your development.
One of the primary selling points for your Penrose condo will be the easy accessibility that is certainly offers residents to Singapore’s major parkways. This makes it easier and much more convenient that ever to get to the city as quickly as possible.
Penrose finds itself just a quick drive from your Kallang-Paya Lebar Expressway and Pan Island Expressway, making the trip into Singapore’s Central Business District incredibly easy for residents.
In addition there are numerous busses that run along Aljunied Road and throughout Geylang, making sure the Penrose development provides accessibility no matter where you need to be.
There are several high quality schools and educational institutions close to Penrose, which makes it suitable for families in the area. With a high level of education from renowned facilities, parents in the area can be reassured that these people have a great deal of options to select from for their children.
There are also numerous community centres and sports-related activities both for children and adults near the Penrose condo development. The Geylang East Swimming Complex, the Singapore Basketball Centre and Paragon Sports Centre are all great choices to get children active.
The Penrose condo development offers intriguing investment possibilities, as fryodp project being a ‘fringe city’ property means that it can be found with a reasonable price, yet still demand solid rental returns.
Because the Penrose development offers both MRT and driving accessibility to the CBD, it is really an attractive location to live for individuals who tend not to desire to spend our prime rent on the unit in the city. This means that those who own Penrose Showflat can receive a sizable monthly return of rental income comparable to the purchase price.
Furthermore, the wants to transform District 14 right into a business and industrial hub means that there will be a rental interest in those working in the area in future years. As more companies move within Paya Lebar, the value Penrose properties and the rental income should rise steadily.