Penrose Sims Villa

[sinequa88]

One thing though the one bedder are likely PIE facing.

inside news is that the PIE will be separated from the residential blocks by the MCSP. if that is any comfort.

The MCSP will also feature something interesting on top of it. We shall see


which also means that the dev has already taken steps to mitigate the PIE noise at least physically in terms of distancing, so dont expect mercy pricing for those units too hehe


I could be completely wrong. DYODD

 

[Aaron_soh80]

Hihi! Am very new to the property scene in Singapore, though I have been secretly enjoying reading the advice by NiShiZhu and newbie1993 as a non-member of this forum hahahaha Am considering to take a look at the upcoming Penrose project at Aljunied, and will like to know what do you guys think about this project and if it will be worth purchasing (likely for own stay I'm not sure yet)?

Thanks!

Aljuned is a good location/near city..definitely worth more in future..

 

[NiShiZhu]

I am not sure what are the sizes of Clavon units as yet but the Penrose ones are huge at 474sqft thus my sense is given a larger unit size it would not be 6xxk. My thought is Clavon won’t start at 6xxk too, given that Florence Res now starts at 701k.

Me too, I can’t seem to find the size for clavon 1 bedder. Else can cross reference with penrose to predict whether it will start from 6xxk or 7xxk since both land price are pretty close.

 

[tanjiakpeng]

Saw a few IG story ads that floorplan is out.

Any willing to share? Looking at 3BR

 

[propertyinvestor40]

https://m.youtube.com/watch?v=_b7Fye29uIw

Got a feeling facing pie units 1600+ Psf (I see the site plan, developer make the building further away from pie, looks good)
Facing inward pool 1700+ Psf

Sengkang grand already 1700 psf, ec 1200 psf.
Bugis 2200 psf, Newton kopar 2100 psf, hougang Florence 1400 psf.
Aljunied mrt surely lots of potential with the paya lebar, bidadari, kallang development. And near Bugis.

 

[sinequa88]

wow this means the quantum will be quite high. their units are generally bigger than most similar projects

 

[NiShiZhu]

wow this means the quantum will be quite high. their units are generally bigger than most similar projects

If launch at 1700psf, end up the sales would likely be same fate like Antares. Antares at 1700psf average has mrt at door step and near food centres also cant even reach 15% sales.
If penrose still can move at this price, PE buyers would be damn happy.

 

[Ohw123]

https://m.youtube.com/watch?v=_b7Fye29uIw

Got a feeling facing pie units 1600+ Psf (I see the site plan, developer make the building further away from pie, looks good)
Facing inward pool 1700+ Psf

Sengkang grand already 1700 psf, ec 1200 psf.
Bugis 2200 psf, Newton kopar 2100 psf, hougang Florence 1400 psf.
Aljunied mrt surely lots of potential with the paya lebar, bidadari, kallang development. And near Bugis.

Kopar at newton is 2259psf

Bugis (the M) is 2447psf

 

[1993newbie]

The Antares ,
Caveat from launch(Sept 2019) to 24 May 2020.

38 out of 265 sold. Translating to 14.3%.
Land acquired in April 2018 for $1109ppr psf.

5.5 years ends Q4 2023.

If launch at 1700psf, end up the sales would be same fate like Antares. Antares at 1700psf average has mrt at door step and near food centres also not even reach 15% sales.
If penrose can sell at this price, PE buyers would be damn happy.

 

[Ohw123]

https://m.youtube.com/watch?v=_b7Fye29uIw

Got a feeling facing pie units 1600+ Psf (I see the site plan, developer make the building further away from pie, looks good)
Facing inward pool 1700+ Psf

Sengkang grand already 1700 psf, ec 1200 psf.
Bugis 2200 psf, Newton kopar 2100 psf, hougang Florence 1400 psf.
Aljunied mrt surely lots of potential with the paya lebar, bidadari, kallang development. And near Bugis.

The developer got launch site plan ready meh?

 

[shadow84]

If launch at 1700psf, end up the sales would likely be same fate like Antares. Antares at 1700psf average has mrt at door step and near food centres also cant even reach 15% sales.
If penrose still can move at this price, PE buyers would be damn happy.

Why would PE buyers be happy if Penrose can sell well? PE itself has more charms than Penrose though. Unless they are gonna tag their future selling price based on Penrose sales?

 

[NiShiZhu]

The Antares ,
Caveat from launch(Sept 2019) to 24 May 2020.

38 out of 265 sold. Translating to 14.3%.
Land acquired in April 2018 for $1109ppr psf.

5.5 years ends Q4 2023.

Saving grace is only 227 units left.

 

[NiShiZhu]

Why would PE buyers be happy if Penrose can sell well? PE itself has more charms than Penrose though. Unless they are gonna tag their future selling price based on Penrose sales?

Hehe, You already said PE has more charm than penrose, which I agreed too
So If penrose can launch at 1700psf and still sell well, why would PE early owners not happy when they only bought at 16xxpsf at initial launch?

 

[shadow84]

Hehe, You already said PE has more charm than penrose, which I agreed too
So If penrose can launch at 1700psf and still sell well, why would PE early owners not happy when they only bought at 16xxpsf at initial launch?

I think even if penrose launch similar or lower than PE, future buyers may find PE more attractive as compared to penrose though.

 

[propertyinvestor40]

Antares condo the place so ulu. Who will buy.
How u compare with penrose. Developer cdl also better quality for penrose.
Compare with Sims urban oasis -sold out project and selling 1550-1700 resale now. More accurate.
Site plan out Liao. They build the building further away from pie using tennis court to block.
Ya the M Bugis is 2400 and kopar Newton 2200. I too conservative lol

 

[holasingapura]

The renditions of penrose should be ready, I saw it somewhere.

Any agents here? Please share.

 

[Ohw123]

Antares condo the place so ulu. Who will buy.
How u compare with penrose. Developer cdl also better quality for penrose.
Compare with Sims urban oasis -sold out project and selling 1550-1700 resale now. More accurate.
Site plan out Liao. They build the building further away from pie using tennis court to block.
Ya the M Bugis is 2400 and kopar Newton 2200. I too conservative lol

Can share with us the site plan and other info you have abt Penrose with us

 

[sinequa88]

Hehe, You already said PE has more charm than penrose, which I agreed too
So If penrose can launch at 1700psf and still sell well, why would PE early owners not happy when they only bought at 16xxpsf at initial launch?

haha, and PE will up price on the same day Penrose launches!!

 

[NiShiZhu]

I think even if penrose launch similar or lower than PE, future buyers may find PE more attractive as compared to penrose though.

That’s for sure.
I drive and reccee at SUO site twice, nothing fantastic, very near industrial estate.
PE more vibrant. (P.s : not vested in PE) Focusing on the most recent resales transaction for SUO in 2020, how many pple are still willing to pay 1700psf for SUO? Most are still transacting at 15xxpsf for SUO. Even for smallest units.

 

[NiShiZhu]

haha, and PE will up price on the same day Penrose launches!!

If penrose launch at 1700psf, why not?
PE now the left over smallest units (4xxsqft) are not as appetising anymore, small units easily 19xx psf.
Buyers can look elsewhere le.