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Singapore Property News, Insights and Analysis

Completed 2025

Penrose

D14 · Eunos / Geylang / Paya Lebar · 20 Sims Drive

A 566-unit condo in D14, completed in 2025, on a 99-year lease from 2019 with about 91 years left. Developed by NovaSims Development Pte Ltd.

Source: Developer brochure; URA caveats, Nov 2026

91 yrs
Lease left
$2,194
Avg $psf, 12 months
19
Sales, 12 months
2025
Completed
Penrose

What brings you to Penrose?

Buying here? Get a second opinion. 3-bedders here sold for $2.128M to $2.75M over the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

Penrose prices

Last 12 months
19
Sales
$2,194
Average $psf
$1,961 – $2,408
$psf range
$950k – $3.18M
Price range
By bedroom type
Last 12 months
TypeSalesAvg $psfPrice rangeSize
1-Bedroom3 sales$1,997 psf$950k – $970k474–484 sq ft
2-Bedroom6 sales$2,130 psf$1.33M – $1.8M646–807 sq ft
3-Bedroom9 sales$2,292 psf$2.13M – $2.75M936–1,184 sq ft
4-Bedroom1 sale$2,290 psf$3.18M1,389 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

By unit size
Last 12 months
SizeSalesAvg $psfAvg pricePrice range
Under 500 sq ft5 sales$2,007 psfAvg $972k$950k – $1.01M
500–699 sq ft3 sales$2,055 psfAvg $1.33M$1.33M – $1.33M
700–899 sq ft3 sales$2,204 psfAvg $1.77M$1.74M – $1.8M
900–1,099 sq ft9 sales$2,290 psfAvg $2.29M$2.08M – $2.51M
1,100–1,299 sq ft2 sales$2,244 psfAvg $2.64M$2.54M – $2.75M
1,300–1,599 sq ft3 sales$2,191 psfAvg $3.06M$2.95M – $3.18M
Average $psf by year
In 2025, sales here averaged $2,134 psf, 18% above the D14 average of $1,807 psf for private homes (condos, apartments and ECs).
This condoD14 average
Show as a table
YearThis condoD14 average
2026$2,200$1,767
2025$2,134$1,807
2024$2,052$1,733
2023$1,914$1,630
2022$1,699$1,554
2021$1,676$1,476
2020$1,588$1,517
Sales by year
792 sales since 2020; the busiest year was 2020 with 414. The 2026 bar covers Jan–Nov.
New saleSub sale
Show as a table
YearNew saleSub saleTotal
202601717
202509595
20240102102
202301212
202239039
20211130113
20204140414
Sales in the last two years
130 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
20 Oct 2026#16-XX797 sq ft · 2-Bedroom$1.74M$2,178 psfSub sale
9 Oct 2026#05-XX936 sq ft · 3-Bedroom$2.17M$2,316 psfSub sale
11 Sep 2026#05-XX1,184 sq ft · 3-Bedroom$2.75M$2,323 psfSub sale
30 Jun 2026#09-XX484 sq ft · 1-Bedroom$950k$1,961 psfSub sale
8 Jun 2026#13-XX958 sq ft · 3-Bedroom$2.2M$2,296 psfSub sale
29 May 2026#17-XX1,044 sq ft · 3-Bedroom$2.51M$2,408 psfSub sale
28 May 2026#08-XX474 sq ft · 1-Bedroom$960k$2,027 psfSub sale
11 May 2026#11-XX947 sq ft · 3-Bedroom$2.13M$2,247 psfSub sale
23 Apr 2026#08-XX807 sq ft · 2-Bedroom$1.78M$2,205 psfSub sale
26 Mar 2026#07-XX646 sq ft · 2-Bedroom$1.33M$2,052 psfSub sale
Show all 130 sales
Compared with nearby condos

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

Penrose rent

Leases starting Sep 2025–Aug 2026
83
Leases
$4,400
Median rent a month
$1.94M
Avg sale price, 12 months
2.7%
Est. gross yield

D14 median rent: $3,700 a month; est. gross yield 2.8%.

By bedroom type
TypeLeasesMedian rentMiddle halfD14 medianEst. yield
1-Bedroom23 leases$3,500 median$3,300 – $3,500D14 $2,9004.4% yield
2-Bedroom27 leases$4,300 median$4,100 – $4,500D14 $4,0003.3% yield
3-Bedroom27 leases$5,800 median$5,700 – $6,000D14 $4,8502.9% yield
4-Bedroom6 leases$7,700 median$7,500 – $7,825D14 $6,350– yield
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Lease
91years left of 99
2019Ends 2118

99-year lease from 3 Jul 2019. About 91 years remain as of Nov 2026.

Source: Condo master (URA caveats)

05 — Unit mix

Penrose floor plans by bedroom type

46 layouts across 566 units, from a 474 sq ft 1-bedroom to a 1,399 sq ft 4-bedroom. Pick a type to see its floor plans.

Bedroom typeLayoutsSize rangeUnits

Source: Developer brochure

06 — Layout and stacks

Penrose stack plan

1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom Has a recorded sale

Tap a unit for its size, price and floor plan.

Block 209 units per floor · levels 1–18
#01#02#03#04#05#06#07#08#09 L18L17L16L15L14L13L12L11L10L9L8L7L6L5L4L3L2L1

Based on 792 sales with a recorded unit number. A sale only appears once a caveat is lodged with URA, and not every buyer lodges one, so a unit with no sale shown is not necessarily available.

Source: Developer brochure; URA caveats, Nov 2026

07 — Location

Near Penrose

MRT stations
EW Kallang 1.7 km · 20 min walk
DT Geylang Bahru 1.8 km · 22 min walk
EW Aljunied 1.8 km · 22 min walk
DT Mattar 3.0 km · 36 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
Geylang Methodist School (Primary) 480 m · 23 min walk
Canossa Catholic Primary School 860 m · 33 min walk
Within 2 km
Kong Hwa SchoolPopular 1.4 km · 37 min walk
Bendemeer Primary School 1.6 km · 31 min walk
Cedar Primary School 1.9 km · 46 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Geylang East Park 2.6 km · 32 min
Clinic Sims Drive Medical Clinic 1.5 km · 18 min
Supermarket Sheng Siong 1.6 km · 19 min
Hawker centre Sims Vista Market and Food Centre 1.4 km · 16 min
Map of the area around Penrose, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

08 — Nearby

Condos and supply around Penrose

Upcoming supply
Tanjong Rhu Road2.5 km · about 503 units · 1.22 ha Awarded · $15,662 psm GFA · Feb 2026
Tanjong Rhu Close2.5 km · about 478 units · 1.23 ha Upcoming
Kitchener Link2.7 km · about 140 units · 0.42 ha Available for application

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

09 — From Stacked

Read more about Penrose

58 more articles mention Penrose.

Source: Stacked Homes editorial

10 — FAQ

Questions about Penrose

How many years are left on the lease at Penrose?

About 91 years. It is a 99-year lease from 2019.

When was Penrose completed?

2025.

How many units does Penrose have?

566 units, up to 18 storeys.

What sizes are the 3-bedroom units?

936 to 1,184 sq ft across 24 layouts.

What is the price psf at Penrose?

19 sales in the last 12 months averaged $2,194 psf, ranging from $1,961 to $2,408 psf.

What did the latest sale go for?

A 797 sq ft unit sold for $1.74M ($2,178 psf) on 20 Oct 2026.

How much is the rent at Penrose?

Leases starting Sep 2025–Aug 2026 had a median rent of $4,400 a month ($3,500 for a 1-bedroom, $4,300 for a 2-bedroom and $5,800 for a 3-bedroom). That is an estimated gross yield of about 2.7%, before costs.

What is the nearest MRT station?

Kallang (EW), a 20-minute walk (1.7 km). Geylang Bahru (DT) is 1.8 km away.

Which primary schools are within 1 km?

Geylang Methodist School (Primary), 480 m away and Canossa Catholic Primary School, 860 m away.

Who developed Penrose?

NovaSims Development Pte Ltd.

Answers generated from the data on this page, Nov 2026