99-yearRCRDistrict 14 (Geylang)

Penrose

Reviewed by Nathan TangUpdated 24 September 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 86 units for sale from S$940k to S$3.50M. The lease has approximately 92 years remaining.

Key facts about Penrose
Tenure99-year leasehold from 2019 (≈92 years left)
TOP year2024
DeveloperNOVASIMS DEVELOPMENT PTE LTD
Units566 in 6 blocks
District and areaDistrict 14 · Geylang · RCR
Nearest MRTAljunied MRT, 465 m (~7 min walk)
Latest median psfS$2,205 psf, last 12 URA caveats to Jun 2026
1

What's for sale and for rent at Penrose?

Key Takeaway

Penrose has 86 units listed for sale, asking S$940k to S$3.50M (median S$2,237 psf), and 12 units for rent at a median of S$4,200 a month.

For sale

86 listings

S$940k – S$3.50M

For rent

12 listings

S$1,200 – S$7,000 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom25S$940k–S$1.78MS$2,042 psf
2-bedroom35S$1.30M–S$1.79MS$2,237 psf
3-bedroom15S$2.20M–S$3.18MS$2,349 psf
4-bedroom11S$3.18M–S$3.50MS$2,340 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Penrose?

Key Takeaway

Floor plans for Penrose aren't in PropKaki's library yet. Across 789 URA caveats, units range from 474 sqft to 1,399 sqft, and the middle half are 700 sqft to 1,055 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom474 sqft to 797 sqftS$940k · S$2,042 psf
2-bedroom646 sqft to 797 sqftS$1.30M · S$2,237 psf
3-bedroom936 sqft to 1,389 sqftS$2.20M · S$2,349 psf
4-bedroom1,389 sqft to 1,400 sqftS$3.18M · S$2,340 psf

Check the Floor Plan Finder for Penrose →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

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$4,971

189 rentals on record

Gross rental yield

3.4%

indicative, gross

Units currently for sale are asking a median of S$2,237 psf.

Source: URA caveat data, through Jun 2026.

4

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 189 rentals on record since Sept 2020. Source: URA.

5

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.

6

Is Penrose a good investment?

Key Takeaway

Of 223 units at Penrose that were bought and later resold (bought from 2020, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 31% over a median 4.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.4%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

100%

of 223 resales here

Median gain

31%

gross, before costs

Median hold

4.0 years

bought to resold

Every unit at Penrose with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

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

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.

9

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
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

Read how to tell if a condo is profitable →

12

How many property agents are active around Penrose?

Key Takeaway

7,770 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

7,770

District 14 · closed ≥1 deal

Deals on record

39,512

all-time · all property types

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

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…
13

Frequently asked questions about Penrose

Is Penrose freehold?

No. Penrose is on a 99-year lease that started in 2019, with about 92 years left.

How old is Penrose?

Penrose was completed (obtained TOP) in 2024, so it is about 2 years old.

Is Penrose a good investment?

Of 223 units at Penrose that were bought and later resold (bought from 2020, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 31% over a median 4.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.4%. Past resale results don't predict future returns, and this is not financial advice.

Is Penrose an EC?

No. Penrose is a private apartment development, not an executive condominium (EC).

Who is the developer of Penrose?

Penrose was developed by NOVASIMS DEVELOPMENT PTE LTD.

What is the price of a condo at Penrose?

Units at Penrose have recently sold for around S$1.78M (S$2,205 psf), the median of the last 12 URA caveats to Jun 2026. The price depends on size, floor and facing. 86 units are listed for sale from S$940k to S$3.50M.

Where is Penrose located?

Penrose is at 30 Sims Drive, Singapore 387395, in Geylang (District 14). The nearest MRT station is Aljunied MRT, about 465 m away.

How many units are there in Penrose?

Penrose has 566 units in 6 blocks, up to 18 storeys high.

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.

Are prices at Penrose going up?

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

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 get priority in Primary 1 (P1) registration.