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GroundVision Score:
Overall property rating
1
5
10

Layers

Penrose

condominium
sims drive

GV Score

Total score of a project calculated from its individual components.

8/10

About

Name
Penrose
Developer
NovaSims Development Pte Ltd
Lease Type
99-year leasehold
Built Year
2024
Status
completed
Floors
18
Total Units
566
Penrose is a 99-year leasehold apartment development by CDL & Hong Leong Group, expected to be completed in 2025. The project comprises 566 units spread across 5 blocks, each rising up to 18 storeys. Unit types range from 1-bedroom (474-517 sqft) to spacious 4-bedroom units (1,389-1,399 sqft), catering primarily to families. Residents will enjoy extensive facilities including a 50m lap pool, stream pool, tennis court, clubhouses, children's adventure park with zipline, and sky pavilions. The development features smart design elements like a multi-storey carpark acting as a noise buffer from the adjacent PIE, and prioritizes family-friendly amenities throughout its 174,648 sqft site.
GymnasiumClubhouseSwimming PoolTennis Courtnursery

Location

Country
singapore
Region
central region
Planning Area
geylang
Subzone
aljunied

Development Profitability

Win Rate
100.0% (207/207)
Median Profit
SGD 393,000 (+31.2%)
Average Holding Years
4.0 years
Timing Score
22.6

PSF Distribution

Current
SGD 2,125
25th percentile
SGD 1,539
50th percentile
SGD 1,687
75th percentile
SGD 1,900

District Profitability

Win Rate
84.4% (3.6K/4.3K)
Median Profit
SGD 175,625 (+20.2%)
Average Holding Years
5.8 years
Timing Score
32.7

PSF Distribution

Current
SGD 1,639
25th percentile
SGD 681
50th percentile
SGD 1,091
75th percentile
SGD 1,374

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