Penrose is a new development that is located right at the heart of Geylang and Sims Drive by Hong Leong Holdings’ Intrepid Investments and City Developments Ltd. The developers jointly submit a top bid for the 174,648 sq ft of prime land that is located at the city fringe in the heart of Aljunied and Geylang. The top bid for the land was measured at $732 psf per plot ratio and it is estimated that a residential project of 570 units can be constructed on the plot of land. The development enjoys close proximity to major transportation routes including Aljunied MRT Station as well as Kallang-Paya Lebar Expressway and the Pan Island Expressway for owners who are taking their own cars. It is a mere 15 mins drive to the Central Business District (CBD). The development combines the convenience of being located near to the city and the prices are not that high compared to core city centre developments.
Penrose Convenient Location by Public and Private Transportation
Penrose Location is located at the city fringe area of Sims Drive and Aljunied tuck away in a quiet corner near to Aljunied MRT Station. It provide the residents of Penrose a good location whether it is by public transport or private car transport because of its location. Residents who tend to drive to the Central Business District will be presently surprised that Penrose location at Sims Drive is a short drive away to Pan Island Expressway (PIE) that takes you directly to Orchard area or the Central Business District. The location is also not that far away from Changi Airport as PIE links directly to the airport as well making Penrose an excellent location for city fringe home owners who want easy access to the airport.
Penrose location near to Aljunied MRT Station also makes it one of the better location choices to stay at as it is just a short walk away from public transport. For example, Penrose is just a few minutes walk away from Aljunied MRT Station and therefore only 1 MRT Stop away to Paya Lebar MRT Station Interchange which is a interchange between the East-West (Green Line) as well as the Circle Line. This makes traveling to other parts of Singapore including the West side as well as to central Singapore very easy. For Penrose owners who prefer to take buses, there are many buses located along Aljunied Road as well as Sims Avenue that takes you to other parts of Singapore including Orchard, Raffles Place, Geylang and Paya Lebar. The development by CDL represents a true cosmopolitan living right at the heart of the city fringe.