- 15-07-2020: Book an Appointment to view Penrose Show Flat and get Direct Developer Direct Price + VVIP Discounts.
- 15-07-2020: Calculate your loan amount and eligibility by clicking our simple Maximum Loan Eligibility Calculator (TDSR) in this website.
- 15-07-2020: Download and view the Penrose E-Brochure (coming soon)
- 15-05-2020: Unit sizes breakdown for 566 units in 5 Towers of 18-Storeys
- 11-05-2020: Lian Beng Construction is awarded 36 months contract to build Penrose
- 18-02-2020: Obtained developer’s license with project account for 566 units
- 28-03-2019: Read more: Hong Leong Group successfully tendered $383.5M for Sims Drive condominium site
- 30-11-2018: Read more: Government Land Sale in Sims Drive site release for tender
Penrose condominium is located in Sims Drive and is jointly developed by the subsidiary and interested parties of Hong Leong Holdings and City Developments respectively, both members of Hong Leong Group (HLG) Singapore.
In the beginning of 1960s, Hong Leong Group started development of property and has since become one of the largest landlords for commercial properties in Singapore’s core CBD.
In 1968, Hong Leong Holdings Limited was incorporated as HLG’s subsidiary. It has since developed up to 100 properties and manages commercial projects especially in the CBD.
City Developments Limited (CDL) has been the pioneer of Singapore’s property sector ever since its inception in 1963. Currently, CDL is an international property and hotel conglomerate involved in real estate development and investment, hotel ownership and management, facilities management, as well as the provision of hospitality solutions.
For the past fifty years, HLG developed many luxurious properties in Singapore and is recognized as a leader for the property market with more than 130 residential properties and more than 100 commercial and mixed developments, including The St. Regis Hotel and Residences, The Residences at W Singapore and Quayside Isle in Sentosa Cove, One Shenton, The Tate Residences, Sage, W Singapore, Gramercy Park and many more.
The recently launched residential projects are The Avenir, Boulevard 88, Nouvel 18, South Beach Residences, Haus on Handy, Amber Park, Sengkang Grand, Midwood, Whistler Grand, The Tapestry, The Jovell and Piermont Grand. The projects are all well-received.
Penrose’s site has a 99 year lease tenure and land size of more than 174,000 square feet. The development in Sims Drive will be planned as a condominium of 566 units. The 5 towers condominium unit types range from 1-bedroom to 4-bedroom.
Penrose at Sims Drive pricing will be attractively priced for the early bird registered buyers and will be formally announced by the developers when show gallery is ready for viewing. Do registered as the direct developers’ VIP guests to receive first-hand project information and invitation for the 1st day preview launch.
Located just a short drive from Marina Bay and the CBD or 5 minutes’ walk to Aljunied MRT, Penrose Singapore is conveniently located in the vicinity of many existing and future landmark projects. These include the Singapore Sports Hub for the sports enthusiasts, Paya Lebar Sub-Regional Centre for the lifestyle amenities and offices for the executives and the future Kallang Riverside for the new mixed-use lifestyle hub by the river.
The main attraction of the Penrose location is its connectivity. The project is just a five-minute walk to Aljunied MRT station. Travel one stop east to Paya Lebar MRT Interchange Station to Paya Lebar Sub-Regional Center and consists of integrated developments like Paya Lebar Quarter, Paya Lebar Square, Singpost Center and Kinex. Travel one stop towards city to Kallang MRT to Kallang Riverside and Sinapore Sports Hub. Bugis/Beach Road CBD is just 3 MRT stations away while City Hall Interchange and Raffles City are just 4 MRT stations away. For frequent travelers, Changi Airport and Jewel Mega Mall are just 7 MRT stations away. Traveling by car via Nicoll Highway, Kallang-Paya Lebar Expressway and Pan Island Expressway to the CBD and Orchard Road will just take about 15 minutes. The Penrose condominium is near to popular schools like Geylang Methodist School within 1Km, Kong Hwa Primary School and international schools like Nexus International School and James Cook University.
Paya Lebar is set to turn into a fully-integrated commercial center. According to the Aljunied URA Master Plan, the Paya Lebar Central has been transformed into a major cluster of office buildings, retail developments and beautiful public spaces. Paya Lebar Quarter is a mixed use office, retail and residential development by Lend Lease completed and started operations in phases from 2019. Everything you need to live, work and play is seamlessly integrated into one place, allowing you to enjoy the experiences you want and create the lifestyle you dream of.
Kallang Riverside, another key growth area identified by the URA, is an upcoming waterfront lifestyle precinct and will be developed with waterfront residential, hotels, retail and office buildings. Kallang Riverside in Kampong Bugis will be developed into lifestyle concept residential and commercial mixed developments to be awarded and executed by a master developer.
To get priority for viewing Penrose Showflat and early booking of the Phase 1 Sales Release units, kindly register your contact via our official website. Alternatively, you can register by contacting our sales hotline at +65 6100 5551 to be invited to our Penrose condominium showflat for our preferred customers and business associates.
If had already secured an online appointment with us, you do not need to register again to avoid duplication. Please be assured that we will reach out to you via phone call within an hour time to confirm your appointment. Most importantly, as our esteemed invited guests, you are guaranteed to be able to attend and secure our best possible Direct Developer’s Price in our Phase 1 Sales Release. There is strictly NO COMMISSION payable by you.
Show flat location will be emailed to you. Special attention to take note that our sales gallery is not located on-site. Mode of Phase 1 Release sales will be communicated to you once you have registered.
We are currently in the registration for VVIP Phase 1 Sales Release stage. Once the project is launched, all Penrose condo existing balance units available will be updated in this official website and will be sold solely based on first-come-first-sold basis. If there is a unit reservation needed before the appointment, please highlight to us as soon as possible. On a first-come-first sold basis, the reservation maximum holding period is two hours only. All unit reservation request is subjected to our Developer’s approval and discretion.
All prices as shown in our official website are subject to change without further notice and in order to avoid any unnecessary misunderstanding, please register in our official website to obtain the latest available units and prices.
Do not miss this long-awaited project in this prime city fringe location. Enjoy shopping in the many malls nearby, cycle or jog to the Kallang Riverside Park, exercise and maintain an active lifestyle and health in the Singapore Sports Hub, try many difference choices of cuisines at nearby local and international food outlets. Together with the strong rental demand from the huge number of executives working in the nearby CBD will be appreciated by the investors. Life in the Aljunied/Sims Drive area is the right balance of live, work and play. The strategic location at the city-fringe precinct has generated much interest to Penrose.
Award-Winning Reputable Singapore Developers
Penrose Singapore is developed jointly by award-winning developers, a 60:40 joint venture between Hong Leong Holdings and City Developments. Hong Leong and City Developments are both members of Hong Leong Group Singapore.
Prime City Fringe Location in the Central Region
Prime city fringe location in Central Region of Singapore offers great convenience and accessibility to CBD, Orchard and even Changi Airport. Take a 5-minute walk to Aljunied MRT Station. Just 1 MRT stop to the east and west to arrive at Paya Lebar or Kallang MRT Station respectively. With only 3 and 4 MRT stops to arrive at Bugis and City Hall MRT Interchange respectively and 7 MRT stops to get to Changi Airport. Traveling by car will allow you to reach CBD or Orchard within 12 minutes as the development is well accessible to KPE, PIE Expressways and Nicoll Highway.
Future Developments in URA Master Plan
Future development and transformation as reflected in the government URA Master Plan are offering great investment opportunities for the residents. Properties in the areas of positive transformation will have a stronger increase in property value once the proposed developments have been announced and towards the completion. Per URA 2019 Master Plan, the transformation announced are in the City CBD in Rochor/Bugis/Beach Road and Paya Lebar Sub-Regional Center. The City CBD continues to extend the business district with more offices planned in the CBD located along Beach Road and Rochor area. Paya Lebar Central is ear-marked as a major sub-regional center, with 2 MRT lines serving the location (East West and Circle lines). Penrose is well located in both developing high-growth areas.
Popular Educational Academic Schools Nearby
Penrose is near to many popular educational schools and such schools will attract many future young families with children buyers or tenants studying or working in the schools. In 2020, Nexus International School has started their new academic year in the new Aljunied campus right opposite to our development. The school has invested over S$230 million into the new building and facilities. Students can look forward to creative and innovative learning designed for better critical thinking skills, starting from pre-school up to International Baccalaureate (IB) Diploma. James Cook University new consolidated campus is just located down the street along Sims Drive. The university has started in Singapore with less than hundred students in 2003 and has since grown its student population to 3,500. Another popular school, Geylang Methodist Primary School, is less than 1Km from the development, and give a higher probability to parents applying for admission for their children. Working adults can also attend the skills upgrading courses in WDA Lifelong Learning Institute in Paya Lebar.
Amenities Catering to All Needs
There are no shortage of amenities nearby offering different experience for consumers in terms of shopping, dining, engaging in sports and enjoying the entertainments in Paya Lebar Quarters, Singpost Center, Kinex, Bugis Junction, Bugis+, Kallang Leisure Park, Singapore Sports Hub, Raffles City, Esplanade Theatres and Marina Center. Local markets and hawker food in Sims Vista Market and Food Center are just across our main entrance. This location have many restaurants and cafes providing a wide range of food choices to residents. From local to international food, hipster cafe and traditional coffee shops, you can have it all.
Luxurious Fittings & Design Offering Great Value
Full condominium upmarket and modern facilities are spread across the vast 174,648 square feet prime city fringe land. The 566 exclusive one to five bedroom units are designed with optimal layouts for singles to multi-generation families. European high-quality brands are provided to all units. From enjoying the sun in the lap pool to exercising in the state of art modern gym, from bonding in our dining function rooms and pavilions to relaxing in our manicured green landscape looking at the stars, life is indeed well-balanced and blissful here. Coupled with the generous space in the living and bedrooms, the abode truly offers you a place where you and your families will treasure every moments here.
This desirable development, which sits on a parcel of prime real estate just outside the Central Business District (CBD), offers great value for money. All potential buyers and investors can browse and download both Penrose E-Brochure and Penrose Floor Plan here.
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