Est. Completion Yr
Total # of Units
Nearest MRT (<1000m)
Welcome to the world of Penrose! One of the most VALUE-FOR-MONEY and HIGHLY EXPECTED New Launch Condo in Geylang of Singapore. It takes living well to the next level with its excellent views and desirable location. It is a good-sized luxury property with a short walk to Aljunied MRT station.
All the units here boast stylish urban character and access to indulgent and enticing facilities. Providing the ideal option for a range of lifestyle choices, from homebuyers to property investors, executives working nearby, downsizers to upgraders in town. This development may be that exact property you have been searching!
A Brief Summary Of The Most Important Facts And Figures
Penrose condo will be developed by the well-known property developer, NovaSims Development Pte Ltd (a joint venture between Hong Leong Holdings Limited and City Developments Limited). With a strong track record in the residential property market in Singapore, they are committed to building good quality homes with meticulous attention to details. They won the bid for the land on 5 April 2019, and it works out to about S$1,264 per square foot per plot ratio (estimated breakeven).
Penrose is a 99 years leasehold development, and the lease started on 3 July 2019. The expected date of vacant possession, on paper, will be on 01 October 2025. It was launched in Sep 2020, selling price starting from $7xxk onwards.
In terms of the unit mix, Penrose is a beautiful development comprised of 566 exquisite residential units (1- to 4-bedroom) across five blocks of 18 storeys high-rise development. It also comes with one childcare centre. The unit sizes range from 474 sqft for a one-bedroom unit to 1,399 sqft for a four-bedroom unit.
The best way to find out more about this development, to familiarise yourselves with the actual condo location, is to arrange a showroom viewing with us. The unique selling points, any upside potential, competitor market analysis, key features, finishes and floor plan layouts will be highlighted and presented to you for your consideration.
| Penrose | Condo Project Details |
| Developer | NovaSims Development Pte Ltd A joint venture between Hong Leong Holdings Limited and City Developments Limited |
| Project Name | Penrose |
| Tenure | 99 years leasehold commencing 3 July 2019 |
| Location | 20 – 30 Sims Drive |
| Planning Area | Geylang |
| District | 14 |
| Site Area | 174,644.4 sqft / 16,225.0 sqm |
| # of Blocks | 5 Blocks |
| # of Floors | 18 Storeys |
| # of Units | 566 Residential Units 1 Childcare Centre (500 sqm at 1st storey & basement of Block 30) |
| # of Car Park Lots | 583 Carpark Lots 12 Ground Floor Parking Lots (for Childcare Centre) 220 Multi-Storey Parking Lots 346 Basement Parking Lots 5 Accessible Lots 142 Bicycle Lots |
| Expected Vacant Possession | 1-Oct-25 |
| Show Units | 2-Bedroom: Type (2)a 3-Bedroom Premium: Type (3Y)b 4-Bedroom: Type (4)a |
| Architect | P&T Consultants Pte Ltd |
| Main Contractor | Lian Beng Construction (1988) Pte Ltd |
| Project Account | TBC |
| Bedroom Types | SQM | SQFT | No. of Units | Est. Monthly Maintenance |
| 1 Bedroom | 44 – 48 | 474 – 517 | 57 | $276.50 |
| 1 Bedroom (with Study) | 52 – 53 | 560 – 570 | 2 | $331.80 |
| 2 Bedroom | 60 | 646 | 69 | $331.80 |
| 2 Bedroom Premium | 65 – 66 | 700- 710 | 68 | $331.80 |
| 2 Bedroom (with Study) | 74 – 75 | 797 – 807 | 34 | $331.80 |
| 3 Bedroom | 87 – 91 | 936 – 980 | 105 | $331.80 |
| 3 Bedroom Premium | 97 – 102 | 1,044 – 1,098 | 123 | $331.80 – $387.10 |
| 3 Bedroom (with Study) | 109 – 110 | 1,173 – 1,184 | 54 | $387.10 |
| 4 Bedroom | 129 – 130 | 1,389 – 1,399 | 54 | $387.10 |
| Total |
566 |
|||
Penrose will be developed by the well-known property developers Intrepid Investments Pte. Ltd. and CDL Constellation Pte. Ltd. They won the bid for the land on 5 April 2019, and it works out to about S$1,264 per square foot per plot ratio (estimated breakeven).
Land Parcel Location: Sims Drive
Developer: Intrepid Investments Pte. Ltd. and CDL Constellation Pte. Ltd.
Sold on 5 April 2019
Land Attributes
| Site use | Residential |
| Tenure | 99-Year |
| Site area (SQM) | 16,225.0 |
| Site area (SQFT) | 174,644.4 |
| Site GFA (SQM) | 48,676.0 |
| The highest bid ($m) | 383.5 |
| The highest bid ($PSF) | 732.0 |
| Total number of bids | 5 |
Estimated Cost Breakdown
| Land ($m) | 383.5 |
| Estimated Construction ($m) | 157.2 |
| Estimated Land Financing ($m) | 33.6 |
| Estimated Professional / Legal / Taxes ($m) | 64.9 |
| Estimated Marketing / Others ($m) | 23 |
| Estimated Total Cost ($m) | 662.2 |
| Estimated Breakeven ($PSF PPR) | 1,264 |
Source: EdgeProp
The location of Penrose is 20 – 30 Sims Drive, District 14, in the Geylang of Singapore.
This charming estate benefits from excellent transport links, highly connected and just moments from lively CBD in Singapore. Beyond the walls of your exclusive residence, you will find perfect convenience from work to play. Parents would be happy to know that their children will not have to travel far for their education. There’s no better position to immerse yourself in the best the area has to offer. What’s more, you do not need to worry about where to find future tenants or buyers.
Let’s refer to the following maps (brochure Location Map, Street Directory Map, URA Master Plan Map and Google Map) to explore the nearby amenities (within 1km), estimated travelling time, government plans, etc.
Click the tab below to find out more.
Whether you're an investor looking for another great local residential property to invest in or you're thinking of settling your family down in one of Singapore's highly sought-after districts.
All you have to do is register your interest right now, and our appointed developer sales team will liaise with you to get you updated with any special promotional pricing or incentives.
Specially Designed To Create Unique Experiences
With a gross site area of approximately 16,225.0 square metres (174,644.4 square feet), the residents here will be able to enjoy the condo facilities that are carefully designed for you and your loved ones.
We know diversity is everything, and we have an array of living choices you’ll love. You can achieve your fitness goals at the clubhouse with well-equipped gymnasium facilities. Let your children play safely with our designated kid’s pool. Or you can spend a quiet afternoon reading your favourite book while enjoying the breeze. It is indeed an ideal urban design considers the varied needs of today’s busy lifestyle.
Whether it’s time out for yourself or playtime with friends and family, there’s plenty to keep you occupied.
Well-Designed Units With Spacious And Optimized Layouts
Penrose is a home where style and functionality come together to create an exclusive residence that welcomes you home with luxury every day. The 566 residential units have been carefully thought out, complete with high-quality fittings and finishes, and will be spread across five 18-storey blocks. How to pick out the best from so many different layouts?
Choosing your preferred unit can prove to be a difficult decision. How to help you further zoom in and select the best suitable bedroom unit type that meets your desires and needs? We have prepared the Penrose Floor Plans (with filterable options) for your easy analysis. Let’s click the link below to explore further now.
>> Penrose Floor Plans <<
Regular Updates On The Sales Summary And Price Guide For Available Units
Are you homebuyers or property investors who are looking for a good deal? We offer the latest pricing and selling information here. We will update it regularly for your easy reference and monitoring!
| Project Name | Min Price | Max Price | % Sold |
|---|---|---|---|
| Penrose | 1,909,000 | 2,421,000 | 87% |
| Bedroom Type | Min Price | Max Price |
|---|---|---|
| 1 Bedroom | 0 | 0 |
| 2 Bedroom | 0 | 0 |
| 3 Bedroom | 1,909,000 | 2,085,000 |
| 4 Bedroom | 2,220,000 | 2,421,000 |
Click the link below to Stay Tuned to the LATEST Sales & Pricing Updates. With the filterable option, you can easily find out more details about the percentage sold, available units, bedroom types, size and more.
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Following are some of the new launch condos that might interest you.
| Project Name | Est. TOP | Tenure | MRT < 1km |
|---|---|---|---|
| Penrose | 2025/10 | 99 Years | Aljunied |
| NoMa | 2023/11 | Freehold | Dakota |
| Parc Esta | 2022/12 | 99 Years | Eunos |
| The Antares | 2022/11 | 99 Years | Mattar |
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