The tender for Penrose site under GLS was won by the joint venture between City Development and Hong Leong Holdings Limited. The winning bid amount to S$383.5 million which translates to S$732psf ppr.
Penrose is located along Sim Drive and it is around 500 meters to Aljunied MRT Station (EW9). Drivers will also have easy access to the other parts of Singapore via Pan Island Expressway (PIE).
This quality new launch condo has a site area of 174,648 square feet. Penrose will have 5 blocks of 18-storeys with a total of 566 units. It will feature a mixture of 1 bedroom to 4 bedroom units.
|Developer||CDL & Hong Leong|
|Location||Sims Drive, Singapore|
|Site Area||174,648 sqft|
|Proposed Gross Plot Ratio||3.0|
|Tenure||99 years leasehold|
|1 Bedroom||474 - 571||59|
|2 Bedroom||646 - 807||171|
|3 Bedrooms||936 - 1184||282|
|4 Bedroom||1389 - 1399||54|
Disclaimer: Penrose unit charts displayed here are for your reference only, unit availability is subject to change without prior notice. To get the latest pricing, please register your interest.
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