penrose_developed_hongLeong_CDL_Near_aljunied_Mrt

PENROSE by Hong Leong Group & CDL

➢ Penrose is ~5-8 minutes’ walk to Aljunied MRT Station (EW9)
➢ About 15 minutes’ drive to Central Business District & Orchard Road
➢ Island-wide connectivity via major expressways PIE & KPE
➢ Proximity to popular schools like Geylang Methodist School, Canossa Catholic Primary School etc
➢ Quality home of 566 units, 1 to 4 bedrooms & full comprehensive facilities
➢ Developed by reputable developers, Hong Leong Group & CDL
➢ Wide variety of amenities nearby
➢ Lowest land cost offer you ultra advantage & price appreciation
➢ Super attractive price quantum & entry $psf, register to enjoy VVIP Preview Price now

Project Details

Project NamePenrose
DeveloperHong Leong Group & CDL (NovaSims Development Pte Ltd)
Tenure99 year from 3 July 2019
AddressSims Drive
District14
Estimated Site Area16,225.20sqm (174,647sqft)
Plot Ratio3.22 (gross)
No. of Units566 units
Child Care Centre (CCC)500sqm (located 1st storey & basement of Blk 30)
No. of Parking Lot583 lots (12 ground floor parking lots-child care centre)
Handing OverAnticipated July 2024 (non-commitment basis)
Date of Handing Over of Vacant Possession under S&PNo later than 1 Oct 2025
Expected Legal Completion DateNo later than 1 Oct 2028 (or 3 yrs after the date of delivery of vacant possession, whichever earlier
ArchitectP&T Consultants Pte Ltd
Interior DesignerCynosure Design Pte Ltd
Landscape DesignerEcoplan Asia Pte Ltd
C&S ConsultantTW-Asia Consultants Pte Ltd
M&E ConsultantUnited Project Consultants Pte Ltd
Quantity SurveyorArcadis Singapore Pte Ltd
Main ContractorLian Beng Construction (1988) Pte Ltd

Unit Mix

Unit TypeSize (Sqft) Size (Sqm)No. of units
1 Bedroom474-51244-4857
1 Bedroom + Study556-57052-532
2 Bedroom6466069
2 Bedroom Premium700-71065-6668
2 Bedroom + Study796-80774-7534
3 Bedroom936-97987-91105
3 Bedroom Premium1,044-1,09797-102123
3 Bedroom + Study1,173-1,184109-11054
4 Bedroom1,388-1,399129-13054
Total566

penrose_developed_hongLeong_CDL_Near_aljunied_Mrt

Penrose is a new condominium comprising of 5 blocks of 18-storey residential units (566 units) and child care centre with 4-storey multi storey carpark, 1 basement carpark, swimming pool and comprehensive communal facilities for their residents.

Penrose is a new condominium located at Sims Drive and it is a highly anticipated launch in 2020. The government land sale (GLS) tender for Sims Drive closed on March 28 2019. There were five bids for the site at Sims Drive. The highest bid of $383.5 million ($732 psf per plot ratio) came from a 60:40 joint venture between Hong Leong Holdings' Intrepid Investments and City Developments Ltd, both members of Hong Leong Group Singapore. The joint venture will explore a residential development with several 17- or 18-storey blocks comprising about 560 units.

Penrose_Land_Bid_Price
Some of the attributes of the site include its connectivity – by the Kallang-Paya Lebar Expressway and the Pan Island Expressway, a short 15-minute drive to the Central Business District and Orchard Road Shopping Belt and a short travelling distance to Paya Lebar MRT Interchange Station and Paya Lebar Central, located just one stop from the Aljunied MRT station.
The site’s proximity to popular schools like Geylang Methodist School, Canossa Catholic Primary School, Cedar Primary School and Kong Hwa Primary School also makes the location attractive to young families.
penrose_sims_drive_hongleong_CDL_Buildings_surrounding

Register now for PENROSE VVIP Preview:

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  • Newly released E-brochure
  • Complete floor plan
  • Direct Developer’s Price
  • Priority access to the showflat preview
  • Priority booking of choice unit
  • Register now to enjoy the perks of being Penrose VVIP preview

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