Penrose @ Sims Drive, a 99 Years leasehold advancement on the 174,648 sqft land dimensions is going to be developed to a prime city fringe development that include 570 units with many 17 or even 18 storeys which will contains of 560 Components of prime city fringe residential units which can be situated near to Aljunied MRT Station. Given that the property was procured at $732 psf ppr, it’s projected that the sale price for Penrose Sims Drive will probably be approximately $1,400 psf that’s quite low for a town fringe development. Penrose condo drops under the new judgment by URA that dictates the normal size of this development to be approximately 85 sqm, meaning the components will be larger and more comfortable for particular stay. With more programs today to change Paya Lebar to a residential and transportation hub, Penrose place presents an perfect opportunity to get a town fringe advancement at mass condo rates.
The developers collectively submit a high bid for its 174,648 sq feet of prime property that’s situated in the city fringe in the core of Aljunied and Geylang. The best bid for the property was quantified at $732 psf per plot ratio and it’s projected that a residential job of 570 units could be assembled on the plot of property. The growth enjoys close proximity to major transport routes including Aljunied MRT Station in addition to Kallang-Paya Lebar Expressway along with the Pan Island Expressway for owners that are carrying their own automobiles. The growth combines the ease of being situated near to the city and the rates aren’t that high in comparison with center city center developments.
Penrose Near Aljunied MRT Station
The condominium’s facilities offer complete family entertainment needs for the loved ones and nearest and dearest. Indulge in a calm and tranquil lifestyle directly at the heart of Geylang.
Penrose Location Near Schools
Penrose websites on a prime parcel of property that situated near to many recognized schools with great records. These colleges have been long established and have a great records with lots of the preceding students too. Additionally, with the sale cost of Parc Esta in addition to other nearby developments that’s currently selling at $1,600psf, the sale price if at $1,4xx psf located closer to the city in contrast to other improvements could indicate the selling price of Penrose is comparatively affordable.
Transformation of Geylang in Penrose into Among Singapore’s Highly Sought After Residential District
The residential city of Geylang was a plan which isn’t highly desired and shy off from investors as a result of sleazy look of this district in addition to many nighttime entertainment areas around the region. However, these has gradually change since there are strategies by the authorities to alter the region since Geylang is a town fringe region and 2.5kilometers from Bugis Junction and it’s also close to Suntec City and Marina Square. Given Penrose website’s place, plans are underway to modify the surface of Geylang to a sought after residential district. The programs comprise a huge $2.2 billion bucks funding which will preserve the exceptionally legacy character and charms of Geylang with value placed on the Straits Eclectic architectural design. These include establishing a Heritage Board committed to the foundation of their brothels of Geylang in Addition to the Paranakan legacy of Geylang. As programs are also penalized for residential improvements in Geylang, higher end developments like Penrose are included along with other high end condos to make the most of the site’s proximity close to Singapore Sports Hub.
Aljunied has ever been a place that’s seen as near Geylang and thus the belief that the place has many conventional and signature dishes to your own consideration. Additionally, there are lots of traditional Chinese delicacies that’s on the streets of Geylang.
Penrose Convenient Location from Public and Private Transportation
It provide the occupants of Penrose a great place whether it’s by public transportation or private vehicle transport due to its place. Residents that are inclined to drive into the Central Business District will be surprised that Penrose place at Sims Drive is a brief drive off to Pan Island Expressway (PIE) that takes you straight to Orchard region or even the Central Business District. The place is also not that far apart from Changi Airport since PIE links right to the airport also making Penrose an superb place for town fringe home owners that need easy access to the airport.
Penrose location close to Aljunied MRT Station makes it among the better place options to remain at as it’s only a brief walk from public transportation. By way of instance, Penrose is only a couple of minutes walk from Aljunied MRT Station and so just 1 MRT Cease away to Paya Lebar MRT Station Interchange that’s a interchange between the East-West (Green Line) in addition to the Circle Line. This makes travel into other areas of Singapore such as the West side and to fundamental Singapore very simple. For Penrose owners that would rather take buses, there are various buses situated along Aljunied Road in addition to Sims Avenue that requires you to other sections of Singapore such as Orchard, Raffles Place, Geylang and Paya Lebar. The evolution by CDL signifies a genuine cosmopolitan living directly at the core of the city fringe.
Penrose Location — Close to Shopping Centres
Penrose Location can also be ideally sought after since it’s situated close to shopping centers in addition to eateries. There are lots of shopping centers that are situated close to Sims Drive offering the required convenience for those residents remaining around Penrose region. All of your everyday requirements can be gotten out of those shopping centers and also the positioning of Penrose which makes it simple for residents to get. For this reason, you may get into the shopping place whether can it be by automobile or your own transportation comparatively simple and fast by public transportation or your own vehicle.
Residents of Penrose may also realize that the place is close to Paya Lebar Quarter that boast a fantastic choice of amenities in the shopping center. Paya Lebar Theater comes with a Luxurious mall where you can experience superior shopping and everyday amenities and amazing dining choices. The mall also includes outdoor playground where shoppers could take a breather or just allowing the children to enjoy some outside time in the park together with the family members and friends. Paya Lebar Collars include over 200 stores for residents remaining around the Paya Lebar and Aljunied region to select from. This is among the handiest shopping center close to Sims Drive Penrose that is only 1 MRT stop off.
Other shopping centers nearby comprise Kinex, Tanjong Katong Complex in addition to City Plaza that provide a vast selection of dining and retail choices for the residents of Penrose and also the positioning of those shopping centers are also close to Paya Lebar and Sims Drive in which a brief bus trip or a brief drive and you’re able to get to the development. The Comprehensive list of shopping centers can be found in the below:
One KM Theater
Paya Lebar Square
Tanjong Katong Complex
Other areas of interest include the Sports Hub that is situated only a couple of minutes drive from Penrose place.
Penrose Condo Location — Close Schools and Academic Institutions
If it comes to location, closeness close to colleges is among the main criterias for parents to consider as this could bring about alot of advantage too. Penrose place at Sims Drive is situated near to many foreign schools in addition to local based academic associations which makes the development a great pick if space from colleges is your primary consideration. Living close schools imply that parents can track their children simpler and less time is required to transfer the children to and from school. The transport cost is also lower and there’ll be many more savings and this could acquire considerable within a longer time period.
Geylang Methodist School (Main )
Kong Hwa School
Bendemeer Primary School
Cedar Primary School
Eunos Primary School
Maha Bodhi School
Location also close to other academic institutions are also quite critical as Penrose can be situated near to childcare centers and nursery schools. These colleges are within a brief walk from Penrose Sims Drive and will be among the best places to remain in understanding that your kids have great nursery care and schooling close to to Penrose Condo place.
Restaurants and Cafes Close Penrose Location
The region of Geylang and Aljunied is still one of the best places to remain in if you’re searching for good excellent food. There are loads of areas to select from in the event that you’re staying at Penrose place. There are several distinct varieties of food available for individuals that are searching for hawker food or even much more upscale food in restaurants. These Hawker centers serve extensive signature neighborhood dishes in Singapore and is a wonderful spot to gather with friends and family families. The Hawker centers serve as a brilliant place to grab up softly with friends and family as well that are wanting to unwind over the weekend.
Some signature dishes which are near to Penrose place include 328 Katong Laksa in addition to Frog Porridge. Additionally, there are many cafes nearby that include Brawn & Brains Coffee which serve trademark coffees in addition to pasteries which are well received by the residents that are staying close to Penrose place at Sims Drive in addition to Aljunied.
Penrose Location — Close to Hawker Centres and Eateries
Penrose Condo being situated at Sims Drive signifies it’s merely short drive to Hawker Centres and eateries. This is really highly sought after because it is possible to catch your dinner without spending a lot and possess the delicacies placed under a single roof for your thought. Sims Vista Market and Food Centre is just one of the hawker centers that is situated near to Penrose Sims Drive with a vast selection of delicacies to your own consideration. Old college Hawker fares are dime and heaps situated near to Penrose and is among the greatest hawker centers to see for Singaporean dishes. Both stalls get great reviews on the floor and is situated near to the houses of Penrose Condo Residents.
Penrose Condo is also situated close to MacPherson Market @ Food Centre which can be one of the greatest Food Centres to see throughout the weekend. Macpherson isn’t regarded as a foodie location since it’s surrounded by industrial areas however MacPherson Market @ Food Centre serves a huge array of excellent food available in the core of Macpherson. A number of the hawker centers located near to Penrose comprise the under
There are lots of signature dishes which is situated in the hawker center itself and can be patronized by several office functions across the Geylang, Aljunied and Kallang region.
Penrose Condo residents may also rejoice that the positioning of this evolution is also close to numerous recreational parks and sports centers that’s situated only a couple of minutes out of Sims Drive. Specifically, the iconic Singapore Sports Hub that’s located a couple of minutes walk from Penrose supply the occupants with a vast selection of sports and recreational amenities to your morning workout regimen. By way of instance, the Sports Hub include a comprehensive indoor walking track in addition to a indoor swimming pool to get a few cardio workout. Singapore Sports Hub can be a fantastic meeting point to your loved ones members and friends throughout this week. Additionally, there are other parts characteristic below to possess some outside activities after work or during the weekend rather than lazing in your home.
Singapore Sports Hub
Kallang Riverside Park
Kampong Glam Park
Geylang East Park
Singapore Badminton Hall
The park includes many amenities for water sports fans and other sports like Dragon Boat and kayak. The water activities could be achieved at the reservoir adjacent to Kallang Riverside Park.