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Penrose

Listed by Winnie Lim Hui Nee, Associate Division Director — CEA R061623D (Huttons Asia Pte. Ltd, L3008899K)

Last updated: 16 June 2025

Ownership Type

LeaseholdSee on MapCompare Property

Penrose is a 99-year leasehold residential condominium located at 20–30 Sims Drive in District 14, Singapore. Developed by NovaSims Development Pte Ltd—a joint venture between Hong Leong Holdings and City Developments Limited (CDL)—the project comprises five 18-storey towers housing a total of 566 units. The development is expected to achieve Temporary Occupation Permit (TOP) by October 2025. 


📍 Location & Connectivity

Strategically situated in the city-fringe area, Penrose offers excellent connectivity:


MRT Access: Approximately a 6-minute walk to Aljunied MRT Station (East-West Line), providing direct routes to the Central Business District and other parts of Singapore. 

Expressways: Close proximity to major expressways such as the Pan Island Expressway (PIE) and Kallang-Paya Lebar Expressway (KPE), facilitating easy access to various parts of the island.

Nearby Amenities: Residents can enjoy a wide range of amenities, including shopping malls, eateries, and recreational facilities in the Geylang and Paya Lebar areas.


🏢 Development Details

Total Units: 566 residential units


Unit Types:

1-Bedroom: 474–517 sq ft


1-Bedroom + Study: 560–571 sq ft

2-Bedroom: 646 sq ft

2-Bedroom Premium: 700–710 sq ft

2-Bedroom + Study: 797–807 sq ft

3-Bedroom: 937–980 sq ft

3-Bedroom Premium: 1,044–1,098 sq ft

3-Bedroom + Study: 1,173–1,184 sq ft

4-Bedroom: 1,389–1,399 sq ft 


Facilities: Penrose offers a comprehensive range of facilities, including a 50-meter lap pool, gymnasium, clubhouse, function rooms, children's playground, BBQ pits, and a childcare center.


🏫 Nearby Educational Institutions

Penrose is conveniently located near several reputable schools:

Geylang Methodist School (Primary and Secondary)

Kong Hwa School

Tanjong Katong Girls' School

Factsheet about Property

Name:
Penrose
Developer:
Hong Leong Holdings & City Developments
Type:
Condo
Total Units:
566
Location:
20 Sims Dr, Singapore 387395
Tenure:
99 Years
Title:
Penrose

Available Units & Price

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Site Plan

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Schools Nearby

✅ 1. Preschools / Kindergartens (Nearby)

PCF Sparkletots @ Aljunied Crescent – ~300m (Closest)

My First Skool @ Blk 49 Sims Place – ~400m

MapleBear Sims – ~450m

E-Bridge Pre-School @ Circuit Road – ~1.0 km

MindChamps Preschool @ MacPherson – ~1.3 km


✅ 2. Primary Schools (Within 1-2km radius)

Geylang Methodist School (Primary) – ~300m (Nearest, affiliated secondary school next door too)

Kong Hwa School (SAP, highly sought after) – ~1.3 km

Canossa Catholic Primary School – ~1.5 km

Macpherson Primary School – ~2.0 km

Bendemeer Primary School – ~2.3 km


✅ 3. Secondary Schools (Nearby)

Geylang Methodist Secondary School – ~350m (Affiliated with primary)

Broadrick Secondary School – ~1.3 km

Dunman High School (IP/SAP) – ~3.5 km (Top Integrated Programme school nearby)

Chung Cheng High School (Main) – ~2.9 km (Top SAP secondary school)

St. Andrew’s Secondary School – ~3.8 km


✅ 4. Tertiary Institutions

James Cook University (JCU Singapore Campus) – ~1.0 km (Private University, popular with international students)

Temasek Polytechnic (Tampines) – ~9.0 km

Singapore Management University (SMU, City Campus) – ~4.5 km

Singapore University of Technology and Design (SUTD) – ~7.0 km

National University of Singapore (NUS) – ~12.0 km


✅ 5. International Schools Nearby

Nexus International School (Aljunied Campus) – ~1.2 km (British/IB curriculum, very close)

Stamford American International School (Woodleigh Campus) – ~4.0 km (Highly regarded IB/American curriculum)

Canadian International School (Tanjong Katong Campus) – ~3.5 km

EtonHouse International School (Mountbatten Campus) – ~2.8 km

Global Indian International School (Mountbatten Campus) – ~3.0 km


✅ 6. Enrichment & Learning Centres

The Learning Lab @ Paya Lebar Quarter (PLQ) – ~1.5 km

Kumon, Morris Allen, MindChamps, LCentral – Found at PLQ Mall, SingPost Centre

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Frequently asked about Penrose

Quick answers about the development, tenure, pricing, viewing, and how we work with buyers.

Penrose is located, at 20 Sims Dr, Singapore 387395, in District 14 (Eunos / Geylang / Paya Lebar) of Singapore.
Penrose is a 99-year leasehold development. Under Singapore's leasehold system, the land reverts to the State at the end of the lease term.
Penrose is sold out. TOP details are confirmed in the project's original sales materials.
Penrose is developed by Hong Leong Holdings & City Developments, the appointed Singapore developer responsible for the project's design, construction, and sales.
Penrose comprises 566 residential units across the development.
Indicative prices at Penrose start from S$2.31M and range up to S$2.33M. Final prices are confirmed at booking and vary by unit type, floor, and view; contact us via the enquiry form for the latest unit-by-unit price list.
The showflat for Penrose is reserved for registered viewers. Sign up via the enquiry form on this page and we'll send you the Google Maps location, viewing times, and direct contact for VIP showflat access. Walk-ins without an appointment are typically not permitted.
Yes. Tap the Compare Property button on this page to place Penrose side-by-side with up to three other developments. The comparison covers price, unit sizes, tenure, developer, and TOP.
Developer-issued discounts at Penrose change with each phase of release. Speak with our licensed agent via the enquiry form on this page for the latest discount structure, early-bird pricing, and any stamp duty subsidies on offer.
All new launch transactions in Singapore are routed through CEA-licensed salespersons. AI Property represents buyers in negotiation with the developer of Penrose. To engage us, email hello@aiproperty.sg with your NRIC (front and back), contact number, email address, and the unit number you're interested in.
Submit your contact details via the registration form on this page and our agent will arrange a personalised VIP viewing of Penrose. VIP viewings cover the showflat, available units, floor plans, and developer pricing not yet public.
Available floor plans, schematics, unit mix breakdowns, and the project factsheet for Penrose are published on this page as soon as they're released by the developer. Sign up for project updates and you'll be notified the moment new materials go live.
For Singapore citizens and PRs buying a private residential property like Penrose, the standard minimum down payment under the 75% loan-to-value (LTV) limit is 25% of the purchase price. The first 5% is paid in cash at booking when the developer issues the Option to Purchase (OTP). The remaining 20% is payable when the OTP is exercised, sourced from cash and/or CPF Ordinary Account. Foreigners follow the same 25% down payment structure but cannot use CPF. Speak to our licensed agent for an individual TDSR calculation.
ABSD on a private residential purchase in Singapore including Penrose is 0% for a Singapore citizen's first property, 20% for a citizen's second, and 30% for a third or more. PRs pay 5% on their first property and 30% on their second. Foreigners pay 60% on any property. ABSD remission is available for couples where one spouse is a Singapore citizen, subject to conditions including selling existing properties within 6 months. Final rates are set by IRAS at the time of purchase.
BSD on Penrose is calculated on a tiered sliding scale set by IRAS: 1% on the first S$180,000, 2% on the next S$180,000, 3% on the next S$640,000, 4% on the next S$500,000, 5% on the next S$1.5M, and 6% on the amount above S$3M. BSD is payable to IRAS within 14 days of signing the purchase contract. Any Additional Buyer's Stamp Duty (ABSD) is on top of BSD, not instead of it.
To book a unit at Penrose: (1) Register your interest via the enquiry form on this page. (2) Our agent sends the latest price list, floor plans, and unit availability. (3) Confirm your selection and submit the 5% Option Fee (cheque or PayNow). (4) The developer issues the Option to Purchase (OTP), with the Sale & Purchase Agreement typically delivered within 14 days. (5) Exercise the OTP within roughly 3 weeks of receiving the S&PA by paying the remaining 20% (balance of the 25% down payment) and signing the agreement. The full process from booking to S&PA signing usually takes 3 to 6 weeks.
Monthly maintenance fees at Penrose are payable to the Management Corporation Strata Title (MCST) once the development is completed. Across Singapore, mass-market new launches typically fall between S$300 and S$800 per month for a 3-bedroom unit, while luxury developments with extensive facilities (concierge, multiple pools, sky lounges) frequently exceed S$1,500 per month. Exact fees depend on unit share value, development size, and facility scope. The first year's contribution is usually paid in advance at completion. Our agent provides the exact MCST budget for Penrose once the developer publishes it.
Yes. For Penrose, eligible Singapore citizens and PRs can fund the purchase with a combination of cash, CPF Ordinary Account (OA) funds, and a bank loan, subject to the Total Debt Servicing Ratio (TDSR) cap of 55% of gross monthly income. The standard split is 5% cash + 20% CPF or cash for the down payment, with the remaining 75% via a bank loan. MAS allows a maximum private-property loan tenure of 35 years, but tenures over 30 years (or that extend past age 65) face reduced LTV limits. Foreigners cannot use CPF and must rely on cash plus a bank loan.
Buying Penrose as a new launch differs from a resale condo purchase in three main ways. First, payment is progressive: instead of paying the full price upfront, payments are staged (5%, 20%, then construction-milestone instalments). Second, new launches ship with the developer's full fittings, warranty, and current building specifications. Third, while Buyer's Stamp Duty and ABSD apply identically to both, new launches give early-bird buyers access to preferred units, floors, and views at the official launch price. Resale condos move faster (immediate possession) but lack the construction-period payment flexibility.