Penrose
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

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.
Stacked works with licensed property agents.
Own a unit here? See what it’s worth. Units here sold at a median $2,230 psf over the last 12 months, across 19 sales. Find out where yours sits, and what your options are.
Stacked works with licensed property agents.
Comparing condos? Units here sold at a median $2,230 psf over the last 12 months, against $1,720 psf across D14 condos. Send us your shortlist and we’ll lay the numbers side by side. Free for buyers of private property.
Stacked works with licensed property agents.
Penrose prices
Prices by bedroom type are based on matching sales to unit sizes.
Show as a table
| Year | This condo | D14 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 |
Show as a table
| Year | New sale | Sub sale | Total |
|---|---|---|---|
| 2026 | 0 | 17 | 17 |
| 2025 | 0 | 95 | 95 |
| 2024 | 0 | 102 | 102 |
| 2023 | 0 | 12 | 12 |
| 2022 | 39 | 0 | 39 |
| 2021 | 113 | 0 | 113 |
| 2020 | 414 | 0 | 414 |
Show all 130 sales
Prices by bedroom type are based on matching sales to unit sizes.
Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.
Penrose rent
D14 median rent: $3,700 a month; est. gross yield 2.8%.
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
99-year lease from 3 Jul 2019. About 91 years remain as of Nov 2026.
Source: Condo master (URA caveats)
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.
Source: Developer brochure
Penrose stack plan
Tap a unit for its size, price and floor plan.
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
Near Penrose
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.
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.

Source: OneMap walking routes, Nov 2026
Condos and supply around Penrose
Source: URA transactions; URA land sales; OneMap distances, Nov 2026
Read more about Penrose
Review
Penrose Review: Good Own-Stay Potential But Not The Best (Immediate) Living Environment
Jul 2024
Why We Bought A 3-Bedder Condo At Penrose: A Buyer's Case Study
Jan 2024
A Penrose Condo Case Study: How to Price Your New Launch Sub Sale Unit Smartly
Apr 2025
How We Made $270k From A $960k Condo Bought During COVID: A Buyer's Case Study
Dec 2024
This Homeowner Made $4.3m In Profit In 5 Years: The Best Performing New Launches Since 2018
Oct 2025
Why These Newly Completed Condos Have Made Owners Up to $700K in Just 5 Years
58 more articles mention Penrose.
Source: Stacked Homes editorial
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