99-yearRCRDistrict 14 (Geylang)

Penrose

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2026 (URA)
Quick Summary

Penrose is a 99-year apartment in District 14 (Geylang) that obtained TOP in 2024, with 566 units across 6 blocks. Across 789 transactions on record, units have recently transacted around S$1.78M (S$2,205 psf, ~807 sqft). There are 62 units for sale from S$940k to S$3.30M. The lease has approximately 92 years remaining.

1

What are the key facts about Penrose?

Key Takeaway

Penrose is a 99-year apartment in District 14 (Geylang) that obtained TOP in 2024, with 566 units across 6 blocks.

Tenure
99-year
TOP / Completion
2024
Developer
NOVASIMS DEVELOPMENT PTE LTD
Total units
566
Blocks
6
District / Area
District 14 (Geylang)
Market segment
RCR
Median PSF
S$2,205 psf
Last transacted
Jun 2026
Remaining lease
≈ 92 years
2

What is the price and PSF at Penrose?

Key Takeaway

Units have recently transacted around S$1.78M (S$2,205 psf), at a gross rental yield of about 3.4% (URA caveat data).

Recent median price

S$1.78M

recent · 789 sales on record

Median PSF

S$2,205 psf

recent transactions

Median rent (monthly)

S$5,005

177 rentals on record

Gross rental yield

3.4%

indicative, gross

Units currently for sale are asking a median of S$2,105 psf — about 5% below the most recent transacted PSF.

Source: URA caveat data, through Jun 2026.

3

What has recently sold at Penrose?

Key Takeaway

Penrose has 789 recorded sales; the most recent transacted at S$950,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2026S$950,000484S$1,961 psf
Jun 2026S$2,200,000958S$2,296 psf
May 2026S$2,513,8881,044S$2,408 psf
May 2026S$960,000474S$2,027 psf
May 2026S$2,128,000947S$2,247 psf
Apr 2026S$1,780,000807S$2,205 psf
Mar 2026S$1,325,000646S$2,052 psf
Mar 2026S$970,000484S$2,003 psf
Feb 2026S$2,468,8881,098S$2,249 psf
Feb 2026S$2,488,0001,055S$2,359 psf
Jan 2026S$3,180,0001,389S$2,290 psf
Jan 2026S$1,326,000646S$2,053 psf

789 sales and 177 rentals on record since Sept 2020. Source: URA.

4

Are prices at Penrose rising?

Key Takeaway

The median transacted PSF at Penrose has risen 43% over the past 6 years (20202026), from S$1,547 psf to S$2,205 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$2,205 psfS$2.13M14+2.5%
2025S$2,152 psfS$1.91M95+4.9%
2024S$2,051 psfS$1.57M102+8.7%
2023S$1,887 psfS$1.41M12+11.4%
2022S$1,694 psfS$2.29M39+1.0%
2021S$1,677 psfS$1.91M113+8.4%
2020S$1,547 psfS$1.34M414

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around Penrose?

Key Takeaway

7,769 CEA-registered agents closed at least one recorded deal in District 14 — where Penrose sits — in the last 12 months, across all property types.

Active agents · 12mo

7,769

District 14 · closed ≥1 deal

Deals on record

39,463

all-time · all property types

Source: CEA public transaction records, attributed to District 14across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at Penrose?

Key Takeaway

Penrose has 62 units listed for sale, spanning 1–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom22S$940k–S$1.05MS$2,105 psf
2-bedroom25S$1.30M–S$1.79MS$2,012 psf
3-bedroom11S$2.20M–S$2.80MS$2,349 psf
4-bedroom4S$3.25M–S$3.30M
7

Where is Penrose and what's nearby?

Key Takeaway

Penrose is located in Geylang, in the Central Region of Singapore.

Penrose is a 99-year apartment completed in 2024. It was developed by NOVASIMS DEVELOPMENT PTE LTD. The development has 566 residential units. It sits on a land area of 16,225 sqm and has a gross floor area of 45,431 sqm. The plot ratio is 2.8.

PENROSE is located at 30 Sims Drive, Singapore 387395. It is part of District 14, Geylang / Eunos, Geylang. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Aljunied MRT, approximately 465m away, around 7 minutes on foot. Nearby amenities include Paya Lebar Square for shopping, YEO HOCK HENG for groceries, Blk 49 Sims Place for food options, and Geylang East Pk for greenery and recreation. Facilities in the development include Adventure park, Aerobic pool, Adult Fitness Stations, Aircon Facilities, Amphitheatre, and Badminton hall.

8

Who built Penrose and how big is the development?

Key Takeaway

Penrose was developed by NOVASIMS DEVELOPMENT PTE LTD, with 566 units over up to 18 storeys.

Developer
NOVASIMS DEVELOPMENT PTE LTD
Floors
18 storeys
Blocks
6
Land area
16,225 sqm (174,644 sqft)
Gross floor area
45,431 sqm (489,015 sqft)
Plot ratio
2.80
9

How far is Penrose from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Penrose is Aljunied MRT, about 465 m away (~7 min walk). 3 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Geylang Methodist School (Secondary)Secondary schoolwithin 1 km363 m
  • Geylang Methodist School (Primary)Primary schoolwithin 1 km · P1 priority484 m
  • Canossa Catholic Primary SchoolPrimary schoolwithin 1 km · P1 priority863 m
  • Kong Hwa SchoolPrimary school1.3 km
  • Broadrick Secondary SchoolSecondary school1.6 km
  • Bendemeer Primary SchoolPrimary school1.6 km
  • Cedar Girls' Secondary SchoolSecondary school1.7 km
  • Cedar Primary SchoolPrimary school1.9 km

Shops, food & parks

Mall: Paya Lebar Square · 1.4 kmSupermarket: Yeo Hock Heng · 672 mHawker centre: Blk 49 Sims Place · 254 mPark: Geylang East Pk · 915 m

Straight-line distances from the development. Source: PropKaki amenities data.

10

What facilities does Penrose have?

Key Takeaway

Penrose has 64 facilities, including Adventure park, Aerobic pool, Adult Fitness Stations, Aircon Facilities, and more.

Adventure parkAerobic poolAdult Fitness StationsAircon FacilitiesAmphitheatreBadminton hallBasketball courtBarbeque AreaBasement car parkBilliards roomBowling alleyCafesCar ParkCovered car parkChildren's PlaygroundClubhouseCovered LinkwaysCommunity GardenCommunity PlazaDrop Off PointDriving rangeEateriesExisting Bus StopElectrical Sub-StationElderly Wellness StationsFitness cornerFun poolFunction roomGame roomGymnasium roomJacuzziJogging trackKaraokeLap poolLaunderetteLibraryLift lobbyLoungeMain entranceMeeting roomMini golf rangeMini-MartMulti-Storey Car ParkMulti-purpose hallOpen car parkPavillionPool DeckPlaygroundPantryPrecinct PavilionPutting GreenReflexology PathRoof TerraceSauna24 hours securitySheltersSky LoungeSpa poolSquash courtSteam bathSwimming poolTennis courtsUtilities CenterWading pool
11

What does it cost to own a unit at Penrose?

Key Takeaway

Buying a unit at Penrose (~S$1.78M) needs about S$13,030/mo in income and S$5,995/mo in repayments, after S$58,600 stamp duty and a S$445k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.78M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$58,600

BSD, tiered

Downpayment (25%)

S$445k

cash + CPF

Monthly instalment

S$5,995/mo

30y @ 3.5%

Income required

S$13,030/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about Penrose? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Penrose's own transactions.

PropKaki
Is Penrose a good buy, and what are units selling for?

Recent units at Penrose sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about Penrose

How much does a unit at Penrose cost?

Units at Penrose have recently transacted around S$1.78M (S$2,205 psf), from 789 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Penrose?

For a unit around S$1.78M as a first home, you'd need roughly S$13,030/mo in income (assessed at the stress-test rate), with repayments near S$5,995/mo after a S$445k (25%) downpayment and S$58,600 Buyer's Stamp Duty.

Is Penrose a good investment?

Gross rental yield is about 3.4%, and current asking prices sit about 5% below the most recent transacted PSF; median PSF has risen about 43% since 2020. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Penrose going up?

The median transacted PSF at Penrose has risen about 43% between 2020 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Penrose freehold or leasehold?

Penrose is 99-year, with approximately 92 years remaining on the lease.

When was Penrose built and who developed it?

Penrose obtained TOP in 2024, developed by NOVASIMS DEVELOPMENT PTE LTD, with 566 units across 6 blocks.

How many units are for sale at Penrose?

There are 62 units for sale at Penrose, from S$940k to S$3.30M.

What is the nearest MRT to Penrose?

The nearest MRT/LRT station to Penrose is Aljunied MRT, about 465 m away (~7 min walk).

Which primary schools are within 1 km of Penrose?

Geylang Methodist School (Primary), Canossa Catholic Primary School are within 1 km of Penrose — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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