Saturday, April 18, 2020

Penrose condo


Penrose condominium (formerly referred to as Sims Villa) is found in Sims Drive and is jointly developed by the subsidiary and interested parties of Hong Leong Holdings and City Developments respectively, both members of Hong Leong Group (HLG) Singapore.

In the beginning of 1960s, Hong Leong Group started development of property and has since become one among the most important landlords for commercial properties in Singapore’s core CBD.
In 1968, Hong Leong Holdings Limited was incorporated as HLG’s subsidiary. it's since developed up to 100 properties and manages commercial projects especially within the CBD.



City Developments Limited (CDL) has been the pioneer of Singapore’s property sector ever since its inception in 1963. Currently, CDL is a global property and hotel conglomerate involved in land development and investment, hotel ownership and management, facilities management, also because the provision of hospitality solutions.

For the past fifty years, HLG developed many luxurious properties in Singapore and is recognized as a pacesetter for the property market with quite 130 residential properties and over 100 commercial and mixed developments, including The St. Regis Hotel and Residences, The Residences at W Singapore and Quayside Isle in Sentosa Cove, One Shenton, The Tate Residences, Sage, W Singapore, Gramercy Park and lots of more.

The recently launched residential projects are The Avenir, Boulevard 88, Nouvel 18, South Beach Residences, Haus on Handy, Amber Park, Sengkang Grand, Midwood, Whistler Grand, The Tapestry, The Jovell and Piermont Grand. The projects are all well-received.
Penrose’s site features a 99 year lease tenure and land size of quite 174,00 square feet. the development in Sims Drive are going to be planned as a condominium of roughly 560 units. The condominium unit types range from 1-bedroom to 5-bedroom.

Penrose at Sims Drive pricing are going to be attractively priced for the first bird registered buyers and can be formally announced by the developers when show gallery is prepared for viewing. Do registered because the direct developers’ VIP guests to receive first-hand project information and invitation for the first day preview launch.

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