Penrose condo is situated at Sims drive after the site had attracted 5 bids during the recent government land sales exercise. The consortium of City Developments and Hong Leong clinched the top bid of nearly $732 psf ppr. There will be an estimated 566 apartments over 17 to 18 storey blocks with full condominium facilities.
Superb Investment Opportunity
Being in District 14, Penrose residents will be able to enjoy the convenience of this city fringe location. This makes it a good strategic investment where the demand for property is high in this area. There are many malls and Aljunied MRT is only 8 minutes walk away.
For food lovers, Penrose condo residents can also walk to Geylang where there are a wide variety of food options. For drivers, they can easier drive to the Paya Lebar Quarters where there are dining and shopping options or even the Kallang Wave Mall to shop and dine.
There is also a wet market and hawker centre near Penrose location for the added convenience. The National Stadium is also a 5 minutes drive if you want to participate in the activities such as basketball, swimming, tennis and netball.
After a tiring day, if what you want is a nice and relaxing swim at your home, the themed pool will offer a nice size to enjoy the tranquility. The huge sized gym can also offer residents the convenience of a gym without having to constantly queue. Saunas and steam rooms are also situated near the pool for the added health effects one might seek after a long day at work.
Great Schools in the vicinity
Another advantage of Penrose is its proximity to prestigious schools that provide the best education in D14. Being ranked well in the annual school rankings, your kid will have a great education while leaving near your house.
Geylang Methodist school, Canossa Convent, Kong Hwa School are some of the famous names here. Another nearby school, Cedar Girls Primary, has also made it as a top girls school. Adults with young children will also be delighted to know there are multiple preschools around the area.
Residents living in Penrose can also enjoy unparalleled connectivity due to multiple transport options and connecting roads. The Pan island expressway is only a short drive away and connecting roads can bring residents directly to the Central Business District. Residents can also take the MRT, which connects to the entire island. It takes 5 mins to reach the central using the train.