Developed By

Developer 5

City Developments Limited (CDL)

City Developments Limited (CDL) is a leading global real estate company with a network spanning 106 locations in 29 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, shopping malls and integrated developments.

With a proven track record of over 55 years in real estate development, investment and management, the Group has developed over 46,000 homes and owns over 24 million square feet of gross floor area in residential, commercial and hospitality assets globally. Its diversified global land bank offers 3.4 million square feet of land area.

Along with its London-based hotel arm, Millennium & Copthorne Hotels Limited (M&C), the Group has 156 hotels and 45,000 rooms worldwide, many in key gateway cities.

Leveraging its deep expertise in developing and managing a diversified asset base, the Group is focused on enhancing the performance of its portfolio and strengthening its recurring income streams to deliver long-term sustainable value to shareholders. The Group is also developing a fund management business and targets to achieve US$5 billion in Assets Under Management (AUM) by 2023.

Hong Leong Holdings

Hong Leong Holdings Limited (HLHL) was established in 1968 as the Hong Leong Group’s privately-held property development and investment arm. HLHL has since surfaced as a significant player on the property marketplace and among the pioneers of the real estate landscape in Singapore, making it one of the most sought-after providers of comfortable homes. As being a forward-looking developer that continues to pursue improvement and expansion while maintaining its high design, customer support and sustainability standards, HLHL takes pride in being responsible for some of the most exclusive and iconic home developments in Singapore. To date, it has developed nearly 100 residential properties and managed eight commercial projects, including mid-to-high-end range residential projects in some of the most coveted neighborhoods in the country.

Track Records

nouvel 18
Nouvel 18
boulevard 88
Boulevard 88
St. Regis Residences
new futura
New Futura
South Beach Residences
The Avenir
One Balmoral
The Meyerise
Haus on Handy
Whistler Grand
Amber Park
The Tapestry
Sengkang Grand Residences
The Jovell
Piermont Grand

CITY DEVELOPMENTS LIMITED (CDL) CDL is just a world leader as it pertains to real-estate with an established network that spans 29 countries and in up to 103 locations. The Singapore listed group is among the biggest companies when it comes to market capitalization. The business’s income portfolio consists of serviced apartments, shopping malls, integrated developments, hotels, offices, and residences. The business has been offering service in the real estate sector for a lot more than 55 years and posseses an established history comprising of investment, real estate development, and management. Over the past years, it has speared the construction greater than 43,000 homes and owns a lot more than 18 m sq ft of lettable floor area worldwide. The group has managed to accomplish its enormous success by leveraging their extensive experience and deep expertise in developing and managing their properties. It can also be dedicated to adding value to any or all its assets by building innovative and quality spaces that exceed the standards. Previously, CDL has entered into partnerships to supply some of the very iconic buildings in Singapore and other countries. By developing properties that meet up with the desire on most buyers, the company has been able to determine itself as a reliable developer in Singapore and internationally. They give you a secured investment that meets environmental sustainability goals. As a result, they’ve gained recognition in several fields and won several awards. Some of the previous projects include. Sengkang Grand Residences Piermont Grand Amber Park Haus on Handy Boulevard 88 Whistler Grand Volar Wilkie Studio Villa De West Villas at Kew Trevose Park Tribeca Tree House Trellis Towers The Solitaire The Avenir Also Developer For Penrose Condo HONG LEONG HOLDINGS LIMITED (HLHL) HLHL was founded in 1968 as a subsidiary of Hong Leong Group dedicated to property development and investment. Hong Leong Group is the largest player in the area private sector spreading its services across North America, Europe, and Asia-Pacific. Its major businesses have been in property development and investment, financial services, hotel management, e-Business, and trade & industry. Being one of many earliest real-estate companies in Singapore, the company is rolling out becoming a key player in the true estate industry. They are noted for building comfortable homes that meet the present housing demands. Today, it has developed about 100 high-end residential properties and manages 8 commercial projects in some of the very desired locations. The group has established itself and gained reputation due to its contribution to Singapore’s property market. Through its subsidiaries, the group owns the second-largest residential land bank after the government. It is also rated the greatest residential developer owning many commercial properties in Singapore’s CBD. Since it absolutely was founded, the group has continued to employ its wide experience and knowledge in the development of innovative projects in Singapore. It has all the mandatory tools so it needs to achieve its vision of delivering sustainable housing spaces that are comfortable to generally meet the existing needs of owners and residents. The business has gained recognition and earned awards due to its immense contribution to the Singapore property market. Here are a few of their past projects. The Avenir Midwood The Jovell Coco Palms St. Regis Residences The Inflora One Shenton Commonwealth Towers The Residences The Meyerise
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Welcome to Penrose!
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Target Launch Date: Q3 2020

A Sought-after RCR Development At D14, A New Regeneration District Closest To The City!

♻️The much anticipated Sims Drive GLS Site bidded by renowned developers, Hong Leong Holdings' Intrepid Investments and City Developments Ltd for $732psf per plot ratio !

🏡5 blocks of 18-storey
🏘️566 units
🏞️174,648 sq ft of estimated land size
👨‍👩‍👧‍👦 Child Care Centre

Unit Mix & Estimated Sizes
• 1-Bedroom (57 units) 474 - 517 sq ft
• 1-Bedroom (with Study) (2 units) 560 - 571 sq ft
• 2-Bedroom (69 units) 646 sq ft
• 2-Bedroom Premium (68 units) 700- 710 sq ft
• 2-Bedroom (with Study) (34 units) 797 - 807 sq ft
• 3-Bedroom (105 units) 936 - 980 sq ft
• 3-Bedroom Premium (123 units) 1044 - 1098 sq ft
• 3-Bedroom (with Study) (54 units) 1173 - 1184 sq ft
• 4-Bedroom (54 units) 1389 - 1399 sq ft

Excellent Connectivity
✅ CBD & Orchard Road
✅Shopping Malls
✅Business Hubs

🚊 Only about 500m to Aljunied MRT
✓ 1 stop to Paya Lebar (EW/CC)
✓ 3 stops to Bugis (EW/ DT)
✓ 4 stops to City Hall (NS/EW) & Promenade (DT/CC)
✓ 5 stops to Raffles Place (NS/EW) & Dhoby Ghaut (NS NE CC)

🚗 Only 15 minutes drive to CBD and Orchard Road!

Elite Schools Within 1km
🎓Geylang Methodist Pri/Sec School &
Canossa Catholic Primary School

♐Park Place Residences has achieved sellout at record prices and Parc Esta has already sold more than 1,100 units within 1.5 year of launch!

Following the sell-out of Park Place Residences and Parc Esta, now Penrose offers you another great opportunity to enjoy preview prices at hot District 14! Register your interest now to gain access to VVIP preview, floor plans, latest price lists and E-brochure!

As the capacity for visitors to Penrose Sales Gallery is limited due to Safe Management Measures (SMM) hence viewing is strictly by appointment only.

For tracing & preventive purposes, only clients who have registered successfully for the appointment time slot will be allowed entry into the showflat, subject to ID verification & temperature checks.

Some hardcopy documents will be required to be submitted to secure a viewing slot. Please check with us for the details.

Limited time slots per day.

Viewing is by Appointment Only.
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