The Penrose Condo at Sims Drive by Hong Leong
Penrose of Singapore has one of the best connectivity where people can have a great deal. The Hong Leong Group spokesman who commented on the site that noted among the impressive attributes. The Pan Island Expressway and the Kallang-Paya Lebar Expressways are two that connect the other parts of Singapore. The CBD and the popular Orchard Road Shopping Belt are also situated very near the estate. You would easily get there in about 15 mins of drive from Penrose. Paya Lebar Central and Paya MRT Interchange are the two stations that are just situated one stop away from Aljunied Train Station which runs on the East-West Line.
Competitive Government Land Sales Tender
Sims Drive where the tender for Penrose site is located has closed. From two partners City Developments (CDL) and Intrepid Investments of Hong Leong Group Singapore, the site attracted 5 bids with the bid and topping at S$383.5 million that reflects S$732 psf ppr. These two companies have agreed to develop the residential condominium with a 60:40 ownership ratio.
Amenity is also an important thing that is easily reachable from Penrose with prominent schools that are situated within walking distance. Nearby, Penrose, there are two excellent schools located that are Canossa Catholic Primary School and Geylang Methodist School. Such amenities near the estate make one of the suitable locations for family living.
Some other amenities are also located close to Penrose such as shopping malls and excellent restaurants. It allows residents to enjoy the utmost convenience while accessing various necessities.
Excellent Benefits which the Residents can Enjoy while Living in District 14 of Singapore
If you are planning to get your next home in Singapore, District 14 is a reputed estate that should be at the top of your list. The nearby area is strategically developed which enables the residents to access and enjoy some uncommon amenities. The demand for properties here is much high due to the area’s strategic location. This high demand has made it a suitable place for investment. There are numerous cool activities which you can enjoy while living in this spectacular and prime location. It gives you an option to enhance your lifestyle and lead you to an incredible living space.
Penrose Condo – Strategic Location
Penrose is strategically situated at a residential enclave that enjoys proximity to unlimited facilities and amenities. Since amenities are much near to the home, residents will not need to cover long distances to fulfill their needs. There are many entrepreneurs and several businesses that are moving into its neighborhood. It is because the location is excellent and it did not fail to attract their attention. These days, many businesses including fitness centers, restaurants and more are getting established which are increasing the number of foreigners and Singaporeans in the area.
Several amenities and facilities that are located within the neighborhood are easily accessible for the residents of Penrose. There are two beautiful malls, “One KM” and “New Sports Hub”, are also situated nearby. Geylang Methodist Primary & Secondary Schools are just 3 mins away by driving where parents can send their kids. Several food options are also there with popular hawker markets like Sims Vista Market & Food Centre right at the corner.