Penrose Condo

Penrose is a residential condominium development that is newly launched and it is located at Sims Drive, Singapore. Penrose @ Sims Drive, a 99 Years leasehold advancement on the 174,648 sqft land dimensions 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 near to Aljunied MRT Station.
Given its location on the city fringe and proximity to Aljunied MRT station, this is deemed on the low side for the area. The new Aljunied penrose launch date Condo comprises a total of 570 units comprising of units ranging from 1 to 5 bedroom layouts, including a childcare centre within.

As one of Singapore's largest companies by market capitalisation, its income-stable and geographically-diversified portfolio comprises residences, offices, hotels, serviced apartments, integrated developments and shopping malls, totalling over 18 million square feet of floor area globally.
Penrose is also ideal for investors as it is located just 1 MRT stations to Paya Lebar, whereby Paya Lebar Business hub is located at. The newly completed Paya Lebar Quarters offers Grade A offices and and shopping mall that will generate over 10,000 jobs.

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.
Also, with the selling price of Parc Esta as well as other nearby developments that is already selling at $1,600psf, the selling price if at $1,4xx psf located nearer to the city compared to other developments would mean that the selling price for Penrose is relatively cheap.
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.