Testimonial on CDL and also Hong Leong Emerged As The Developer of Penrose condominium
The tender for the Penrose website situated at Sims Drive has actually closed. The site attracted 5 bids with the bid from two partners City Developments (CDL) as well as Intrepid Investments of Hong Leong Group Singapore covering at S$ 383.5 million which shows S$ 732 psf ppr. Both firms accepted to develop the household condo with a 60:40 ownership proportion.
A quote from GuocoLand came second at $655 psf ppr falling 12% below the leading bid. Penrose site covers 174,648 sq ft as well as anticipated to house about 565 residential devices. The structure will certainly consist of 17 or 18-story structures.
Hong Leong Group spokesman commenting on the site noted that among the impressive attributes of the Penrose site is the excellent connectivity. The CBD and the famous Orchard Road Shopping Belt are also about 15 mins drive from Penrose.
Facilities are likewise obtainable from Penrose with famous colleges situated within strolling distance. A few of the schools around include Canossa Catholic Primary School and Geylang Methodist Institution. Such distance to educational institutions makes the place suitable for household living.
When accessing various necessities, other amenities such as restaurants and shopping malls are also within the vicinity allowing residents to enjoy the utmost convenience.
ADVANTAGES THAT RESIDENTS OF PENROSE WILL CERTAINLY DELIGHT IN LIVING IN AREA 14 OF SINGAPORE
The area is strategically situated, enabling residents to enjoy unmatched convenience accessing the nearby amenities. When living in this neighborhood prime location, there are lots of cool things around that you’ll enjoy.
Name anything you might need when living below, and also it’s just right at the corner from colleges to shopping center. Besides, the location is food heaven, and also you can discover any type of food from delicious durians to scrumptious dark sum. Connectivity is also enhanced thanks to its innovative network of road transport and MRT lines. The laid-back and also distinct beauty that this part of Singapore provides is amongst the reason everybody intends to make this area their residence.
If you are eagerly anticipating purchasing apartments around Sims Drive, then here are several of the advantages you will certainly appreciate.
PENROSE APARTMENT– CRITICAL AREA
Penrose is purposefully located in a residential enclave that takes pleasure in the distance to unlimited facilities and also facilities. Although it sits near the city, locals will not need to cover cross countries to satisfy their demands because amenities are near their homes. The superb location of the area is one of the reasons business owners as well as different services are relocating right into the community establishing fitness centers, dining establishments, and also extra in a quote to touch the increasing number of foreigners as well as Singaporeans in the area.
Citizens of Penrose are assured fast accessibility to many facilities and also centers positioned within the area. One kilometer and also the New Sports Hub are some of the neighboring favorite shopping malls. With lots of options to select from homeowners can take their youngsters to their wanted institutions such as Geylang Methodist Secondary & primary Institutions which are just 3 minutes repel. Your food choices are limitless with prominent hawker markets like Sims Vista Market & Food Centre right at the corner.
Besides, getting anywhere from your house is facilitated as a result of the excellent connectivity. Penrose is located simply a couple of minutes’ walk from the Aljunied Train Terminal. This means that locals can head down to the nearby leisure centers minimizing time invested between commutes.
PENROSE ALJUNIED– EXCEPTIONAL CONNECTIVITY
The upcoming Penrose condominium is just 7 mins stroll from Aljunied MRT that runs the East-West line. Sims Drive homeowners are one train station far from Paya Lebar Interchange that enables them to access the Circle Line conveniently.
With exceptional connection, residents can easily access whatever they might require quickly. Considering that the majority of the facilities are within the neighborhood, homeowners will certainly appreciate unparalleled ease. Citizens of Penrose are additionally well gotten in touch with the multitude of bus solutions available right beside their door.
In addition to the neighboring roadways such as Sims Drive Roadway, Aljunied Road, as well as Sims Method, the location is also well gotten in touch with an expressway. Pan Island Expressway provides the locals with a quick taking a trip option to various other parts of the island.
Range From Penrose To Paya Lebar MRT station just 20 minutes healthy walk!
PENROSE APARTMENT– TACTICAL LOCATION
Penrose is strategically situated in a property territory that appreciates distance to unrestricted centers and also services. Although it sits near to the city, locals will not require to cover long distances to please their requirements since facilities are near their residences. The exceptional location of the community is just one of the reasons entrepreneurs and also various companies are moving right into the neighborhood setting up gym, restaurants, and much more in a proposal to touch the increasing variety of immigrants as well as Singaporeans in the location.
Residents of Penrose are guaranteed quick access to many amenities and facilities situated within the neighborhood. With many options to choose from residents can take their kids to their desired schools such as Geylang Methodist Primary & Secondary Schools which are just 3 mins drive away.
Besides, getting anywhere from your house is facilitated due to the exceptional connectivity. Penrose has actually situated just a couple of mins’ strolls from the Aljunied Train Station. This indicates that homeowners can head down to the close-by recreation facilities reducing time invested in between commutes.
Penrose Area Map
PENROSE ALJUNIED– EXCEPTIONAL CONNECTION
The upcoming Penrose condo is simply 7 minutes stroll from Aljunied MRT that runs the East-West line. Sims Drive homeowners are one train terminal far from Paya Lebar Interchange that allows them to access the Circle Line easily.
With superb connectivity, locals can quickly access everything they might require rapidly. Because most of the services are within the neighborhood, locals will certainly take pleasure in unequaled benefits. Residents of Penrose are additionally well gotten in touch with the multitude of bus solutions readily available right alongside their door.
Aside from the close-by roads such as Sims Drive Roadway, Aljunied Roadway, as well as Sims Method, the location is likewise well connected with an expressway. Frying pan Island Expressway offers the locals with a quick traveling option to other parts of the island.
PENROSE SIMS DRIVE– PROXIMITY TO TOP RANKING SCHOOLS
District 14 is respectable in terms of the provision of top-quality education and learning. It includes a number of prominent institutions that provide quality education. Because they perform well in academics as well as in co-curricular activities, the schools are the right place to take your kids. Penrose makes a perfect selection for households with school-going kids. It is close to recognized schools ranging from baby room to tertiary organizations.
Here are a few of the attractive colleges that you can send your youngsters to go to within the area.
Geylang Methodist College
Canossa Convent Primary School
Kong Hwa School
Macpherson Secondary & primary School
Cedar Girls’ Senior High School
Broadrick Senior High School
Cedar Primary School
Penrose condo citizens with young children will likewise gain from the close-by preschool and preschool that offer education to their children. Some of the neighboring colleges include PCF Macpherson Blk, PCF Kolam Ayer Blk, Chen Li Kindergarten, PCF Jalan Besar Blk, Geylang Chinese Methodist Kindergarten and also much more. Canadian International School and James Cook College, as well as Singapore Management University are also within a couple of mins drive from Penrose.
Kinex Near Penrose Condominium
PENROSE CDL HONG LEONG– CLOSENESS TO MALL
Unknown to many District 14 is a surprise treasure for buying fans. It is packed with great buying spots that house a variety of businesses supplying numerous items and solutions. Residing in Penrose homes brings you near to a number of buying options that offer you basically every little thing you might ever need. With plenty of shopping centers around you, you will rapidly neglect the big malls located in Marina or Orchard Roadway. Besides, a lot of the malls are situated near your home, which suggests you will certainly have a very easy time accessing them.
Several of the purchasing destinations you can head to for all your itinerary include:
KINEX Shopping Mall (One KM).
Positioned only 6 mins repel from Penrose is many customers much-loved shopping destination, KINEX shopping center. The previous One KILOMETRES mall now oozes community feelings that consists of a number of eateries, and also buying shops. It is the place you want to check out for limitless enjoyable with a touch of a lively way of life.
City Plaza is another nearby shopping alternative to Penrose residents. The mall is shopping heaven that every shopaholic will be impressed with.
The mall has numerous stores supplying you anything from style, electronics, toys, accessories, books, mobile phones, jewelry, to beauty services. It features many wholesale fashions stalls that offer many ladies’ clothes from dresses to tops to handbags and shoes. Besides, the mall has a whole floor dedicated to fast food chains and restaurants. They offer delicious foods that will suit everyone in the family.
Other nearby shopping malls include Tanjong Katong Complex and Joo Chiat Complex. The availability of several shopping destinations leaves you with many shopping alternatives.
Amenities are also reachable from Penrose with prominent schools located within walking distance. Residents of Penrose are also well connected with the multitude of bus services available right next to their door.
Penrose condominium residents with young kids will also benefit from the nearby preschool and kindergarten that provide education to their young ones. Canadian International School and James Cook University, and Singapore Management University are also within a few minutes drive from Penrose.
City Plaza is another nearby shopping alternative to Penrose residents.