Penrose is a new development That’s located Directly at the heart of Geylang and Sims Drive by Hong Leong Holdings’ Intrepid Investments and City Developments Ltd.. The developers collectively submit a high bid for the 174,648 sq ft of prime land that is located at the city fringe in the heart of Aljunied and Geylang. The best bid for the land was quantified at $732 psf per plot ratio and it’s estimated that a residential project of 570 units could be assembled around the plot of property. The growth enjoys close proximity to major transport routes including Aljunied MRT Station in addition to Kallang-Paya Lebar Expressway along with the Pan Island Expressway for owners that are carrying their own automobiles. It is a mere 15 mins drive to the Central Business District (CBD). The development combines the ease of being located near to the city and the rates aren’t that high compared to core city center developments.
Penrose Near to Aljunied MRT Station
The 99 Years leasehold advancement on the 174,648 sqft land dimension will be developed into a prime city fringe development that consist of 570 units with several 17 or even 18 storeys that will contains of 560 Components of prime city fringe residential units which is situated near to Aljunied MRT Station. Given that the land was procured at $732 psf ppr, it’s estimated that the selling price for Penrose will probably be around $1,400 psf which is very low for a town fringe development. Penrose condo drops under the new judgment by URA that dictates the normal size of the development to be around 85 sqm, meaning the components will be larger and more comfortable for own stay. With more programs now to transform Paya Lebar to a residential and transport hub, Penrose place presents an ideal opportunity to own a town fringe advancement at mass condominium prices.
Penrose has complete and special facilities, which comprises a guard house, clubhouse, work room, indoor fitness center, tennis court, 50m swimming pool, sun deck, BBQ pits & children’s playground. The condo’s facilities provide complete family entertainment needs for your loved ones and loved ones. Indulge in a serene and tranquil lifestyle right at the heart of Geylang.
Penrose Location Near Schools
Penrose sites on a prime piece of property that located near to many established schools with great records. These schools have been long established and have a great records with lots of the previous students too. Also, together with the selling cost of Parc Esta in addition to other nearby developments that is already selling at $1,600psf, the selling price should at $1,4xx psf situated closer to the town compared to other improvements would indicate that the selling price for Penrose is relatively affordable.
Transformation of Geylang in Penrose into Among Singapore’s Highly Sought After Residential District
The residential town of Geylang was a plan which is not highly sought after and shy away by investors due to the sleazy look of the district as well as many night entertainment spots around the region. However, these has gradually change since there are plans by the authorities to transform the region since Geylang is a town fringe region and 2.5kilometers from Bugis Junction and it’s also near to Suntec City and Marina Square. Given Penrose site’s location, plans are underway to change the face of Geylang into a sought after residential district. The plans comprise an enormous $2.2 billion dollars funding which will maintain the highly legacy character and allure of Geylang with value placed on the Straits Eclectic architectural style. These include establishing a Heritage Board committed to the history of the brothels of Geylang in Addition to the Paranakan heritage of Geylang. As plans are also penalized for residential improvements in Geylang, high end developments like Penrose are included together with other high end condos to take advantage of the site’s proximity close to Singapore Sports Hub.
Aljunied has ever been a place that is seen as near Geylang and therefore the belief that the area has many signature and traditional dishes to your consideration. Additionally, there are many traditional Chinese delicacies that is available on the streets of Geylang.
Penrose Location is situated at the city fringe area of Sims Drive and Aljunied tuck away in a quiet place close to Aljunied MRT Station. It supply the occupants of Penrose a fantastic place whether it is by public transport or private car transport because of its place. Residents who are inclined to drive to the Central Business District will be surprised that Penrose place at Sims Drive is a brief drive away to Pan Island Expressway (PIE) that takes you directly to Orchard region or the Central Business District. The location is also not that far away from Changi Airport since PIE links directly to the airport as well making Penrose an superb place for city fringe home owners that need easy access to the airport.
Penrose location near to Aljunied MRT Station makes it among the better location choices to remain at as it is just a brief walk from public transportation. For example, Penrose is just a couple minutes walk away from Aljunied MRT Station and therefore just 1 MRT Cease away to Paya Lebar MRT Station Interchange that’s a interchange between the East-West (Green Line) in addition to the Circle Line. This makes traveling to other parts of Singapore such as the West side and to fundamental Singapore very easy. For Penrose owners who would rather take buses, there are many buses located along Aljunied Road in addition to Sims Avenue that requires you to other sections of Singapore such as Orchard, Raffles Place, Geylang and Paya Lebar. The evolution by CDL represents a genuine cosmopolitan living right at the heart of the city fringe.
Penrose Location in Sims Drive Near to Aljunied MRT Station
Penrose Location can also be ideally sought after since it is situated near to shopping centres in addition to eateries. There are lots of shopping centres that are situated near to Sims Drive that provide the needed convenience for the residents remaining around Penrose area. All of your daily necessities could be gotten out of these shopping centers and also the positioning of Penrose makes it easy for residents to get. Therefore, you may get into the shopping place whether is it by car or your personal transport comparatively simple and quick by public transportation or your own car.
Residents of Penrose may also find that the location is near to Paya Lebar Quarter that boast a great choice of amenities in the shopping centre. Paya Lebar Mall comes with a upscale mall where you can experience superior shopping and everyday conveniences and amazing dining choices. The mall also includes outdoor playground where shoppers can take a breather or simply allowing the kids to enjoy some outdoor time in the park together with the family members and friends. Paya Lebar Collars include over 200 stores for residents remaining around the Paya Lebar and Aljunied area to choose from. From groceries shopping and banking retail facilities at Paya Lebar Quarter. This will be among the handiest shopping center close to Sims Drive Penrose that is only 1 MRT stop off.
Penrose Location — Near to Shopping Centres
Other shopping centres nearby comprise Kinex, Tanjong Katong Complex as well as City Plaza which provide a wide selection of retail and dining options for the residents of Penrose and the positioning of these shopping centres are also near to Paya Lebar and Sims Drive in which a brief bus trip or a short drive and you’re able to reach the development. The complete list of shopping centers can be found in the under
Other areas of interest include the Sports Hub that is situated just a couple of minutes drive away from Penrose location.
If it comes to location, proximity close to colleges is among the main criterias for parents to look at as this would bring in alot of convenience too. Penrose location at Sims Drive is situated near to many international schools in addition to local established academic institutions which makes the development a good pick if space from schools is your primary consideration. Living near to schools imply that parents can track their kids simpler and less time is needed to transport the children to and from school. The transportation cost is also lower and there’ll be many more savings and this could get considerable within a longer period of time.
Location also close to other academic institutions are also very critical as Penrose can be situated near to childcare centres and nursery schools. These colleges are within a short walk from Penrose Sims Drive and will be among the greatest places to stay in understanding that your children have good nursery care and education near to Penrose Condo location.
Restaurants and Cafes Near Penrose Location
The area of Geylang and Aljunied is still one of the greatest places to remain at if you’re looking for good excellent food. There are loads of areas to select from if you are staying at Penrose place. There are many distinct varieties of food available for residents that are looking for hawker food or much more upscale food at restaurants. These Hawker centers serve extensive signature local dishes in Singapore and is a wonderful place to gather with your friends and families. The Hawker centers serve as a brilliant place to grab up softly with your friends as well that are wanting to unwind over the weekend.
Some signature dishes that are located near to Penrose place include 328 Katong Laksa as well as Frog Porridge. Additionally, there are many cafes nearby that include Brawn & Brains Coffee which serve signature coffees as well as pasteries that are well received by the residents that are staying near to Penrose place at Sims Drive as well as Aljunied.
Penrose Condo being located at Sims Drive signifies it’s just short drive to Hawker Centres and eateries. This is really highly sought after as it is possible to grab your dinner without paying too much and possess the delicacies housed under a single roof for your thought. Sims Vista Market and Food Centre is just one of the hawker centers that is situated near to Penrose Sims Drive that has a wide selection of delicacies for your consideration. Old college Hawker fares are dime and heaps located near to Penrose and is among the top hawker centers to visit for Singaporean dishes. A Few of the dishes advocated here include Da Jia Hao Delicacies signature Emperor Herbal Chicken and He Xin Ban Mian Zhi Jia. Both stalls get great reviews on the floor and is located near to the houses of Penrose Condo Residents.
Penrose Condo is also situated near to MacPherson Market @ Food Centre which is also one of the greatest Food Centres to visit throughout the weekend. Macpherson isn’t regarded as a foodie place since it’s surrounded by industrial areas however MacPherson Market @ Food Centre serves a wide array of great food available at the core of Macpherson. The signature Tai Seng Fish Soup can be located near to Macpherson. A number of the hawker centers located near to Penrose include the below
Sims Vista Market & Food Centre
Old Airport Road Food Centre
Upper Boon Keng Food Market Center
New Lai Lai Hong Yun Food Centre
MacPherson Market & Food Centre
Geylang Bahru Market and Food Centre
Circuit Road Food Centre
Geylang East Market & Food Centre
Haig Road Market & Food Center
Specifically, Sims Vista Market and Food Centre and Old Airport Road Food Centre would be the signature hawker centers Which You Can find close to Penrose Sims Drive. There are many signature dishes which is located in the hawker center itself and can be patronized by several office works across the Geylang, Aljunied and Kallang area.
Penrose Condo residents can also rejoice that the location of this development is also near to numerous recreational parks and sports centres that is located only a few minutes from Sims Drive. Specifically, the iconic Singapore Sports Hub that is located a few minutes walk away from Penrose supply the residents with a wide selection of sports and recreational amenities to your morning exercise routine. As an instance, the Sports Hub include an extensive indoor walking track in addition to a indoor swimming pool to get some cardio workout. Singapore Sports Hub can be an excellent meeting point for your family members and friends throughout this week. Additionally, there are other parts feature below to possess some outdoor activities after work or during the weekend instead of lazing at home.
Other places of interest include Kallang Riverside Park which also features a vast variety of amenities in the park to cater to the residents. The park includes many amenities for water sports fans and other sports such as Dragon Boat and canoe. The water activities could be done at the reservoir adjacent to Kallang Riverside Park.