Penrose by CDL + Hong Leong

Sims Drive Penrose new launch Condo Sales – MOST ANTICIPATED SURE-SELL PROJECT IN District 14 –

• New Launch Condo
• Est 560 units City-fringe Development that Guarantee Unmatched Convenience
• Mins walk to Aljunied MRT Station

Penrose New Launch Condo Sales

• Penrose Condo Well connected by the KPE, PIE & Central Business District and Orchard Road shopping belt
• one MRT stop away to Paya Lebar MRT and Paya Lebar Central
• New launch Condo Close to many Eateries & Cool Chil-out Spots –
• Sims Vista, Circuit Rd, Geyland Bahru, Upper Boon Keng, Old Airport Rd Mkt & Food Centre, etc
• Mins walk to Aljunied MRT Station

Penrose New Launch Near by Amenities

• Shopping Centres nearby – KINEX Mall, City Plaza, Paya Lebar Square, Raffles City Shopping Centre, Suntec City, Orchard Road, etc
• Good Schools nearby Sims Drive –
• Geylang Methodist Primary & Secondary
• Canossa Convent Pri, Macpherson Pri & Secondary
• Cedar Pri, Kong Hwa School, Broadrick Secondary, etc

New Launch Penrose by CDL+Hong Leong

• New launch condo is a 99-year leasehold private housing site in Sims Drive, Geylang, drew five bids.
• The highest of nearly $383.53 million or $732 psf ppr came from a partnership
• between a unit of Hong Leong Holdings and a fully-owned subsidiary of City Developments….. read more

City fringe condo singapore Penrose New Launch Location

Condo near mrt singapore Penrose Site Plan

• Hong Leong Group mention , some of the attributes of the site include its connectivity
• Penrose – 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.

Penrose Sales Virtual Tour Latest Update

• 2 Bedroom ….. Virtual Tour
• 3 Bedroom Premium ….. Virtual Tour
• 4 Bedroom Premium….. Virtual Tour
• Sales Gallery….. Virtual Tour

Sims Drive Showflat

Floor Plan

District 14 Low Land Price

• District 14 New Launch (next to Sims Urban Oasis)/5xx units
• Cityfringe + MRTs!
• Good Schools! (James Cook + Nexus)
• Great food & shopping !
• Land Price Low at $732psfppr/$12xx breakeven
• In the heart of multiple transformations !
• District 14 ( Paya Lebar / Kallang / Geylang)
• Huge Tenant Pool = Strong Upsides !

Estimate launch Date of Penrose to be confirm	Aug-Sep 2020
Developer	NovaSims Development Pte Ltd
Condo Showflat location:	Kallang Airport Drive Along Geylang Road Singapore 389209 ….. Direction

New Launch Unit mix

1 Bedroom	(57 units) 474-517sf
1 Bedroom +Study	(2 units) 560-570sf

2 Bedroom	(69 units) 646sf
Premium 2 Bedroom	(68 units) 700-710sf
2 Bedroom +Study	(34 units) 797-807sf

3 Bedroom	(105 units) 936-980sf
Premium 3 Bedroom	(123 units) 1044-1098sf
3 Bedroom +Study	(54 units) 1173-1184sf

4 Bedroom

(54 units) 1389-1399sf

New Launch Price List

Launch day Discount

Launch day early bird Discount
1 bedroom – $18k
2 bedroom – $28k
3 bedroom – $30k
4 bedroom – $38k

New Launch Price List

• One of the most attractive pricing in RCR
• 1 Bedroom Fully Sold
• 1 Bedroom+Study 570sf #01-14 Last Unit! $1.012m ($1774psf)
• 2 Bedroom Fully Sold
• Premium 2 Bedroom Fully Sold
• 2 Bedroom+Study 807sf #02-06 $1.333m ($1652psf)
• 3 Bedroom 969sf #02-33 $1.556m ($1606psf)
• Premium 3 Bedroom 1055sf #02-23 $1.71m ($1621psf)
• 3 Bedroom+Study* (can convert into compact 4 Bedroom ) 1184sf #02-07 $1.843m ($1557psf)
• 4 Bedroom 1389sf #02-12 $2.11m ($1520psf)

District 14 Near by Resale Condos

• Sims Urban Oasis