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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