Penrose is a prime luxury development near to central of Singapore which has 566 residential units, within 5 blocks of 18 storeys, and offers a wide selection of 1-4 bedroom unit types. This will be our latest new launch condo located at Sims Drive in District 14 in Geylang and Marine Parade estate. Penrose will be a development with excellence and quality finishes that will not disappoint both buyers and investors.
Penrose is proudly developed by City Developments Limited CDL and The Hong Leong Group. The Hong Leong Group has always been spearheading the real estate industry in Singapore. CDL Through Hong Leong Holdings Limited holds the largest private residential land bank. The Group has created numerous renowned landmarks in the Singapore's central business district and their portfolios consist of more than 130 residential developments including iconic projects like The St. Regis Hotel and The Residences at W Singapore Sentosa Cove.
Over the past 5 decades, the Group has won countless awards, accolades and recognition for their constant contributions to Singapore nation building. The Hong Leong Group and CDL have always stay focused and performing beyond expectations to achieve the greatest level of home living and commercial innovation spaces.
Project Details
Project Name | Penrose |
Location | Eunos / Geylang / Paya Lebar |
District | 14 |
Developer | NovaSims Development Pte. Ltd. |
Site Area | 174,648 sqft |
Project Account No. | DBS Project Account No. 003-700147-3 |
Encumbrances | Mortgage in favour of DBS Bank Ltd |
Address | Sims Drive |
No. of Storeys | 18 |
Payment Scheme | Normal Progressive Payment Scheme |
Mukim Lot No. | Lot 110/29X MK 24 at Sims Drive |
Site Use | Residential Develppement |
Tenure | Leasehold (99 years lease commencing from 3 July 2019) |
Total No. of Units | 566 Units |
No. of Car Park Lots | 457 Carpark Lots |
Expected Date of TOP | No later than 1 October 2025 |
Expected Date of Legal Completion | No later than 1 October 2028 |
Security | 24 Hours Security Guard |
Being located only 15 mins drive to the city, Penrose is in between the cultural Singapore Indoor Stadium, the outdoor recreational centres of Kallang River and Marine Parade beaches, the popular food district of Geylang and the educational hubs of James Cook University and Nexus International School.
Future owners of Penrose benefit from being within close proximity of Singpost Centre, Paya Lebar Quarter and Paya Lebar Square, where key amenities like banks, post office, supermarkets and shops are.
These malls also boast of cinemas with the latest offerings, a wide range of restaurants and cafes, and retail therapy for those who need a break.
