Penrose Condo Price – Successful Tender Price

LocationSuccessful Bid PricePer Square Feet Per Plot RatioGross Floor Area
Sims Drive$383,500,000$732 psf ppr523,753 Square Feet
Penrose Land Bid Price by City Developments and Hong Leong

Penrose Condo Price – Nearby Properties Transacted Prices

Nearby Condo around Penrose at District 14Highest Transacted Selling Price (psf) for the last 12 monthsCompletion
Sims Urban Oasis$1,7402019
Tre Residences$1,7152018
Penrose Lauching Prices by City Developments Limited and Hong Leong at Aljunied MRT Station

Penrose Condo Price – Estimated Selling Price

Penrose Prices at Aljunied

Penrose Bid Price by Developers CDL and Hong Leong Holdings. Latest Pricing for Sims Drive Condo at Aljunied MRT Station
A) Land Cost$732
B) Construction Cost (Estimate)$350
C) Profit Margin + Other Expenses (30% x [A+B] )$324
Estimate Launch Price (Subjected to Changes and Final Decision by Developer)$1,406