Penrose Condo

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[Image: Penrose-CDL-GLS-Land.jpg]

Upcoming new launch located in District 14, walking distance to Aljunied MRT. Government land sales price at only S$732 PSF PPR. This means that the estimated break even costing to be close to $1200 psf. Considering the location to be in the city fringe, with Aljunied MRT just 5 stations away from Raffles Place, Penrose Condominium will be much sought after buy potential home seekers looking for a new launch condo near the city. This will lessen their average travelling time to work and back. 

For the investors, majority of the tenant pool will be coming from the CBD area. Additionally, tenants may be coming from the nearby PLQ offices and Kallang Business Park. With the increasing expats in the area, International schools such as the newly built Nexus international is available just across the development. Other nearby international schools include James Cook University. For locals, well known school such as Geylang Methodist and Kong Hwa is located in close proximity to the development. 

Stay tuned for the latest condominium launch over at the official website @ Penrose Condominium
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