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PENROSE

District 14 | SIMS DRIVE

Developed by CDL & Hong Leong Group

Tenure
99-year Leasehold
Est. TOP
2025
Total units
566
Unit mix
On request
Request viewingCompare projects
Units & pricesPrice psfProject factsLocationTransactionsFAQs

Unit mix

Unit mix will be updated when the developer releases it.

Price range

Median transactedFrom $1.57M
Projects›PENROSE

Projects analysis

PENROSE

D14 · SIMS DRIVE

OverviewPrice psfUnit mixLaunch timelineComparablesKai insightLocationTransactions

Median price

S$1,703 psf

+2.4% vs last 6m

Avg. price

S$1,769 psf

Volume (6m)

35 units

Take-up rate

100%

Units sold

566 / 566

Price psf trend

Latest project transactions

+2.4%
$2,215$2,152$2,089Jan 2025Jan 2026

Unit mix

Mix
3 bed100%

Launch timeline

First recordSept 2020
Latest saleJan 2026
Completion2025
Tenure99-year Leasehold

Comparable projects

# 1 LOFTD14Private# 1 SUITESD14Private28 IMPERIAL RESIDENCESD14Private33 RESIDENCESD14Private

Kai insight

Positive

PENROSE shows positive PSF movement of 2.4% across the available transaction window, with 678 recorded sales. Average pricing is S$1,769 psf.

Condominium3 BedroomNear ALJUNIED MRT
View all Kai analysis

Project facts

Address
SIMS DRIVE
Tenure
99-year Leasehold
Completion
2025
Total units
566
Developer
CDL & Hong Leong Group

Site plan

Site plan details are available on request.

Facilities

Facilities will be updated when the developer publishes them.

Location amenities

Transport

5

ALJUNIED MRT STATION

0.48 km · 6 min walk

ALJUNIED MRT STATION

0.51 km · 6 min walk

MATTAR MRT STATION

1.17 km · 14 min walk

GEYLANG BAHRU MRT STATION

1.18 km · 14 min walk

Education

9

GEYLANG METHODIST SCHOOL (SECONDARY)

SECONDARY · 0.33 km away

GEYLANG METHODIST SCHOOL (PRIMARY)

PRIMARY · 0.41 km away

ST. MARGARET'S SCHOOL (PRIMARY)

PRIMARY · 0.63 km away

CANOSSA CATHOLIC PRIMARY SCHOOL

PRIMARY · 0.89 km away

Convenience

10

-

0.63 km away · yeo hock heng

HAO MART

0.69 km away · HAO MART PTE. LTD.

SHENG SIONG SUPERMARKET

0.71 km away · SHENG SIONG SUPERMARKET PTE LTD

B&S MINIMART

0.72 km away · B & S MINI MART PTE. LTD.

Buyer costs

Median price

$1,574,000

Based on project transactions

Buyer's Stamp Duty

$77,600

Before ABSD profile changes

Down payment

$540,000

25% estimate

Monthly payment

$8,110/mo

25-year loan at 3.5%

Median rent

$6,388/mo

Based on active rentals

Gross yield

4.87%

Annual rent over median price

Recent transactions

814 transaction records

Sales (678)

Jan 2026

Apartment · SIMS DRIVE · 01-05

$2,538,888 · $2,164 psf

Jan 2026

Apartment · SIMS DRIVE · 16-20

$2,170,000 · $2,265 psf

Dec 2025

Apartment · SIMS DRIVE · 11-15

$1,330,000 · $2,059 psf

Dec 2025

Apartment · SIMS DRIVE · 11-15

$1,800,000 · $2,230 psf

Nov 2025

Apartment · SIMS DRIVE · 01-05

$3,045,000 · $2,176 psf

Nov 2025

Apartment · SIMS DRIVE · 11-15

$2,150,000 · $2,244 psf

Nov 2025

Apartment · SIMS DRIVE · 16-20

$2,080,000 · $2,171 psf

Nov 2025

Apartment · SIMS DRIVE · 06-10

$2,400,000 · $2,299 psf

Rentals (136)

Apr 2026

Non-landed Properties · SIMS DRIVE

$3,600/mo · 400-500

Apr 2026

Non-landed Properties · SIMS DRIVE

$6,300/mo · 1000-1100

Apr 2026

Non-landed Properties · SIMS DRIVE

$5,800/mo · 1000-1100

Mar 2026

Non-landed Properties · SIMS DRIVE

$3,200/mo · 400-500

Mar 2026

Non-landed Properties · SIMS DRIVE

$4,200/mo · 600-700

Feb 2026

Non-landed Properties · SIMS DRIVE

$4,600/mo · 800-900

Feb 2026

Non-landed Properties · SIMS DRIVE

$4,000/mo · 600-700

Feb 2026

Non-landed Properties · SIMS DRIVE

$3,600/mo · 500-600

Market review

Penrose is a 99-year leasehold apartment development located in District 14, covering the Geylang and Paya Lebar areas. The project's lease commenced in 2019 and it currently maintains a median price of $2,160,000 with a transaction PSF range between $2,028 and $2,299.

AI-generated analysis based on available market data. Last updated May 2026.

Frequently asked questions

What is the tenure and lease commencement for Penrose?

Penrose is a 99-year leasehold apartment development. The lease for this project commenced in 2019.

What is the median price and PSF for units in this development?

The median price for Penrose is $2,160,000, based on 678 transactions. The overall median PSF is $1,703.224, although recent transactions have ranged between $2,028 and $2,299 PSF.

What were the most recent transaction prices at Penrose?

On 1 January 2026, two units were transacted: a 1,173 sqft unit for $2,538,888 ($2,164 PSF) and a 958 sqft unit for $2,170,000 ($2,265 PSF). These follow several sales in late 2025 ranging from $1,330,000 to $2,400,000.

What is the price range for a unit around 800 to 1,000 square feet?

An 807 sqft unit was sold for $1,800,000 ($2,230 PSF) in December 2025, while a 958 sqft unit sold for $2,170,000 ($2,265 PSF) in January 2026. These figures suggest a price range of approximately $1.8 million to $2.17 million for units of this size.

How many transactions have been recorded for this project?

There have been a total of 678 transactions recorded for Penrose. Recent volume includes five transactions between November 2025 and January 2026.

What is the lowest recent transaction price recorded?

The lowest recent transaction price was $1,330,000 for a 646 sqft unit, recorded on 1 December 2025. This transaction was executed at a rate of $2,059 PSF.

Properties for rent (1)

View all
PENROSE 1
PENROSE 2
PENROSE 3
PENROSE 4
PENROSE 5
PENROSE 6
PENROSE 7
PENROSE 8
PENROSE 9
For Rent
Condominium
1/9
$6,388/mo

PENROSE

26 SIMS DRIVE SINGAPORE 387398

3Beds
2Baths
1,044sqft
Verified
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