As Aljunied is gradually morphing into a cosmopolitan precinct with the ongoing changes within the surrounding bordering it, how exactly will this influence the Penrose homeowners?
For one, Penrose development’s proximity to upcoming commercial, industrial & business hubs & centers such as Paya Lebar as well as Kampong Bugis enables Penrose residents to enjoy all the new growth areas– both leisurely and also in terms of investment capacity.
If you’re considering upgrading now is the best time to purchase a new home in Aljunied as it is within the core of the transformation makeover, and the new Penrose private residential development is at the heart of it all!
Apart from being a value-for-money development, Penrose by Hong Leong could command a high rental demand due to its connectivity to the city centers, an abundance of amenities as well as the new education centers, where the latter will certainly bring about a demographic change to Aljunied district.
With Singapore’s top schools and international institutions located within the precinct, this will certainly entice expatriates who are attracted to the concept of settling down in the city fringe. This implies that soon Aljunied will certainly be a meeting ground for both local and also foreigners alike.
Penrose residents can look forward to a vibrant and a dynamic community thanks to the presence of international institutions such Nexus International School and also Eton House, which have actually introduced expansion growth plans around Aljunied; the brand-new $230 million campus will open up right opposite — 300m away to the upcoming new condo Penrose.
Nexus International School was also awarded the Request-for-Interest (RFI) site at Aljunied Road by Singapore Economic Development Board (EDB). The RFI is an exercise that helps alleviate a crunch in top-quality schools for youngsters of expatriates here. The award demonstrates Nexus International School’s holistic education and learning offerings, which meet the diversified educational needs of youngsters of expatriates whilst attesting to the institution’s objective of being the prominent international education and learning provider in this area.
Students can look forward to innovative learning developed created for 21st-century learners, starting from pre-school up to International Baccalaureate (IB) Diploma.
A boost of vibrancy in Aljunied is an extremely welcoming idea, particularly if you’re intending to invest a home in this location. Be it for yourself or your children, Penrose condo located in Aljunied has everything that satisfies the needs for you and your family members.
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Developer: City Developments Limited / Hong Leong Realty
Developer License No: C1367
UEN: 201912247D
Mukim Lot: Lot 1109X Mukim 24
Expected TOP: No later than 1st October 2025
Expected CSC: No later than 1st October 2028 or 3 years after Date of Delivery Vacant Possession, whichever is earlier
Copyright © 2020 | Penrose at Sim Drive | Developed by Hong Leong | +65 6100 7757
Propnex Realty Pte Ltd | L3008022J | Lawrence Lee | R016008G