Penrose Residences
NEW ICONIC CITY FRINGE DEVELOPMENT
Located along Sims Drive, Penrose Residences,  is a city fringe development within minutes walk to Aljunied MRT. Residents are well served by major roads and expressways like Sims Drive, Aljunied Road and Pan Island Expressway (PIE). The new GLS development is developed by the venture between Hong Leong Group and City Developments Ltd. 
This development is near to all that matters. It is located at proximity to unlimited facilities and amenities, such as major shopping malls, markets, food center, schools, medical polyclinic and transportation hub.

It is just few minutes walk to Aljunied MRT Station, as well as walking distance or one MRT stop from the Paya Lebar Regional Hub, where there are 3 major shopping malls - Paya Lebar Square, Paya Lebar Quarters and Singpost Centre. Paya Lebar Business Hub is a key growth area and one of the major gateway in Singapore, where there will also be a abundance of tenancy pool if you are looking for investment purpose. 

Paya Lebar MRT Station is also a MRT interchange, accessibility to two MRT lines (East-West Line & Circle Line), easily accessible to various part of Singapore. Apart from MRT, Penrose are also well connected with the multitude of bus services right at its door step. The area is also well connected with several major roads such as Sims Avenue, Aljunied Road as well as quick access to Pan Island Expressway (PIE), just 10-15min to CBD, Town and air port.

Penrose is also within vicinity of several reputable schools from Primary to Tertiary schools, which makes its appealing for families with school-going children. 
REGIONAL HUBS
> Paya Lebar Central & Quarters
> High Potential Growth
> Strong Tenancy pool from business hub
> Convenient transportation interchange, good accessibility to major roads, MRT Interchange, and several buses
EDUCATIONAL INSTITUTES
> Geylang Methodist School
> Canossa Convent Primary School
> Kong Hwa School
> Macpherson Primary & Secondary School
> Cedar Girls’ Secondary School
> Cedar Primary School
> James Cook University
LIFESTYLE
> Proximity to shopping malls such as PLQ Mall, City plaza, Kinex
> Proximity to Market and Supermarkets 
> Proximity to Tanjong Katong and Sims Ave where the best eateries are
> 10 min drive to town
ABOUT THE DEVELOPER
HONG LEONG HOLDINGS LIMITED
Hong Leong Holdings Limited was established in 1968 as the group's privately held property investment and property holding vehicle. It has developed close to 100 residential properties and manages about 10 commercial projects.
CITY DEVELOPMENTS LIMITED
City Develoments Limited (CDL) has been at the forefront of Singapore's property sector ever since its inception in 1963. Today, CDL is a listed international property and hotel conglomerate involved in real estate development and investment, hotel ownership and management, facilities management, as well as the provision of hospitality solutions. The CDL group has an extensive network of more than 300 subsidiaries and associated companies under its wings, including seven companies listed on notable stock exchanges in New Zealand, Hong Kong, London and Philippines.
PROJECT DETAILS
PENROSE RESIDENCES
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Copyright @ 2019 - All Rights Reserved
Developer: NovaSims Development Pte. Ltd. (UEN. 201912247D) • Developer’s Licence No.: C1367 • Tenure of Land: Leasehold (99 years lease commencing from 3 July 2019) • Encumbrances: Mortgage in favour of DBS Bank Ltd. • Date of Notice of Vacant Possession under the Sale and Purchase Agreement: No later than 1 October 2025 • Expected Date of Legal Completion: No later than 1 October 2028 or 3 years after the Date of Delivery of Vacant Possession, whichever is the earlier • Lot No. & Location: Lot 11029X MK 24 at Sims Drive
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