Housing Loan Information

Residential Home Loan Regulations (MAS)

First LoanSecond LoanThird Loan
Loan TenureUp to 30 years31-35 yearsUp to 30 years31-35 yearsUp to 30 years31-35 years
AgeAge used to calculate loan tenure, will be based on income-weighted
Up to 65Up to 70-75Up to 70-75Up to 65Up to 70-75Up to 70-75Up to 65Up to 70-75Up to 70-75
Maximum LTV Limit75%55%55%45%25%25%35%15%15%
20% (non-individuals)
Minimum Cash Down-Payment5%10%10%25%25%25%25%25%25%
Guarantors / Co-borrowersAll Co-borrowers must be mortgagors.
Guarantors must be co-borrowers if the latter did not pass the TDSR criteria
Mortgage Servicing RatioN/A
Total Debt Servicing Ratio60%
Stress Test Interest Rate3.5%
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Launching on 26 Sept 2020. Viewing Strictly Via Appointment ONLY. More Info.
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Welcome to Penrose!
Hello! Thanks for visiting
🌹 PENROSE 🌹 !

⏰Preview this Saturday 12 Sept 2020!⏰
Register with us for a viewing appointment Now!
Only From $1,4xx psf

✅ 1Br from $788k (473sqft)
✅ 2Br from $943k (645sqft)
✅ 3Br from $1.33M (936sqft)
✅ 4Br from $2.11M (1,388sqft)

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

Excellent Connectivity
✅ 5 mins drive to Kallang Wave Mall
✅ 2 Min walk To Sim Vista Market & Hawker Centre
✅ Nexus International Schools/James Cook University
✅ 1km to reputable Schools
✅ 6 Mins walk to Aljunied MRT
✅ 1 stop to Paya Lebar interchange, 2 stops to MacPherson interchange, 3 stops to Bugis interchange, 4 stops to City Hall
✅Close proximity to PLQ, Bugis Junction , Changi Airport

🏡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

🚊 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!

Important:
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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.

Limited time slots per day.
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Viewing is by Appointment Only.
Chat with us Now to find out more!
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