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Antares vs Penrose

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Old 04-08-2020, 12:33 PM   #1
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Antares vs Penrose

I am considering between Antares and Penrose

I like Antares because it is
- 3 mins to MRT
- less than 30mins to central (Chinatown MRT)
- Taxi stand right outside the development
- Bus stop direct opposite development
- 3mins walk to food Centre across the canal
- few min buy ride to Paya Lebar
- with above, the surrounding is still serene
- there are also no other condos around to compete for rental

I have no idea about Penrose but I didnít like because itís too near to Geylang redlight district.

Seek inputs for the 2 projects. Thanks,
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Old 04-08-2020, 12:55 PM   #2
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Congratulations you are now the new owner of The Antares.

Many pros for Antares
1 main con for Penrose

Congratulations.
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Old 04-08-2020, 01:03 PM   #3
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ANTARES, doorstep to Mattar MRT.

49 out of 265 units sold from launch(sept2019) till 26 July 2020 caveat. Translating to 18.5%.

Land acquired April 2018. 5.5 years ends Q4 2023.
https://www.google.com.sg/amp/s/www....223m-and%3famp
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Old 04-08-2020, 01:06 PM   #4
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1. Taxi can enter your condo while u wait at drop off area, no need head out to taxi stand just to take taxi.

2. Penrose is far away frm redlight district.
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Old 04-08-2020, 01:28 PM   #5
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Antares

Along the road there is a Church and Mosque that is a no-no sign for me already
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Old 04-08-2020, 01:31 PM   #6
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Antares sucks. Get Stirling Residences
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Old 04-08-2020, 01:40 PM   #7
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Old 04-08-2020, 01:42 PM   #8
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I am considering between Antares and Penrose

I like Antares because it is
- 3 mins to MRT
- less than 30mins to central (Chinatown MRT)
- Taxi stand right outside the development
- Bus stop direct opposite development
- 3mins walk to food Centre across the canal
- few min buy ride to Paya Lebar
- with above, the surrounding is still serene
- there are also no other condos around to compete for rental

I have no idea about Penrose but I didnít like because itís too near to Geylang redlight district.

Seek inputs for the 2 projects. Thanks,
Why not Parc Esta 😆 the sales volume and popularity of PE is a testament that is a value buy. But between Antares and Penrose, I probably choose Antares for the reasons u shared above
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Old 04-08-2020, 02:50 PM   #9
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ANTARES, doorstep to Mattar MRT.

49 out of 265 units sold from launch(sept2019) till 26 July 2020 caveat. Translating to 18.5%.

Land acquired April 2018. 5.5 years ends Q4 2023.
https://www.google.com.sg/amp/s/www....223m-and%3famp
Not sure why the sales for Antares is so disappointing so far?
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Old 04-08-2020, 03:17 PM   #10
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Not sure why the sales for Antares is so disappointing so far?
Commission is too low. If they increase it to 5%, Iím sure a lot of agents will start selling the PLB/Geylang transformation story
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Old 04-08-2020, 03:37 PM   #11
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Commission is too low. If they increase it to 5%, Iím sure a lot of agents will start selling the PLB/Geylang transformation story
Whatís their comm currently?
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Old 04-08-2020, 05:36 PM   #12
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Don't really like the area, the area has a very run down feel, plus the roads if you're coming in from Upper Paya Lebar has too many turns to get to the site. The road it's on is also a narrow 2 lane with the school at the end, and cars are parked along one side during schooling hours.
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Old 04-08-2020, 05:59 PM   #13
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The property area of Antares is depressed. Also the reason why the sales is not good. Although it is a leasehold (corrected), u will have a hard time selling back to market in the future.

I will choose Penrose at aljunied mrt between these 2.
Sims urban oasis sold out 100%, TRE residences sold out 100%, park place residences sold out 100%, parc esta sold 90%, the m first day 70% sold.
The sales already explain everything quite clearly here. Demand stronger than supply in this area. It means a greater chance on capital appreciation. Not to mention the rental in D14 is really good.
The Bugis transformation, kallang development, bidadari/woodleigh together with paya lebar quarter business hub, geylang rezoning. It is happening right now and it is where u wanna position yourself in to have a better edge.
U are at the right path choosing property in this area.
Cheers. Good luck in finding your desired new home. 😬

Last edited by propertyinvestor40; 04-08-2020 at 06:20 PM..
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Old 04-08-2020, 06:07 PM   #14
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The property area of Antares is depressed. Also the reason why the sales is not good. Although it is a free hold, u will have a hard time selling back to market in the future.

I will choose Penrose at aljunied mrt between these 2.
Sims urban oasis sold out 100%, TRE residences sold out 100%, park place residences sold out 100%, parc esta sold 90%, the m first day 70% sold.
The sales already explain everything quite clearly here. Demand stronger than supply in this area. It means a greater chance on capital appreciation. Not to mention the rental in D14 is really good.
The Bugis transformation, kallang development, bidadari/woodleigh together with paya lebar quarter business hub, geylang rezoning. It is happening right now and it is where u wanna position yourself in to have a better edge.
U are at the right path choosing property in this area.
Cheers. Good luck in finding your desired new home. 😬
Bro, Antares is a 99 yr leasehold. If it were a freehold, I think at 1750psf~ it would be fully sold out immediately.
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Old 04-08-2020, 06:10 PM   #15
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The property area of Antares is depressed. Also the reason why the sales is not good. Although it is a free hold, u will have a hard time selling back to market in the future.

I will choose Penrose at aljunied mrt between these 2.
Sims urban oasis sold out 100%, TRE residences sold out 100%, park place residences sold out 100%, parc esta sold 90%, the m first day 70% sold.
The sales already explain everything quite clearly here. Demand stronger than supply in this area. It means a greater chance on capital appreciation. Not to mention the rental in D14 is really good.
The Bugis transformation, kallang development, bidadari/woodleigh together with paya lebar quarter business hub, geylang rezoning. It is happening right now and it is where u wanna position yourself in to have a better edge.
U are at the right path choosing property in this area.
Cheers. Good luck in finding your desired new home. 😬
Come, I support you in your quest of spreading influence that Penrose is da best new launch in 2020
Just make sure you get a unit there on launch day itself. No excuses
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