FACT SHEET
Tenure: 99
TOP (completion): 2025
Bedroom types: 1 - 5
Developer: Tripartite Developers
District: 14
No of units: 560
Nearest MRT: Aljunied
FEATURES
Other Features
City view
Gym
High rise
Near MRT
Swimming Pool
Tennis Court
within 1km to popular primary schools
DESCRIPTION
Penrose is a new condominium located along Sims Drive, and just 400m to Aljunied MRT, just 3 to 4 stops to Raffles Place and City Hall.
It is located right outside the Central Business District (CBD), and the developer won the land for a significantly low price during the Government Land Sales (GLS), and if this low land cost is passed down to the selling price, property investors can expect a great bargain at Penrose condominium.
The renowned developer, Tripartite Developers (subsidiary of Hong Leong Holdings and CDL City Developments) won the land bid for $732 per square foot per plot ratio (psf ppr), and this could relate to an average selling price of $1650 psf.
It is located right outside the Central Business District (CBD), and the developer won the land for a significantly low price during the Government Land Sales (GLS), and if this low land cost is passed down to the selling price, property investors can expect a great bargain at Penrose condominium.
The renowned developer, Tripartite Developers (subsidiary of Hong Leong Holdings and CDL City Developments) won the land bid for $732 per square foot per plot ratio (psf ppr), and this could relate to an average selling price of $1650 psf.
Site Plan
FLOOR PLANS & BROCHURE
Download Penrose’s digital brochure and floor plans
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