Penrose
Sims Drive · District 14 · Rest of Central Region (RCR) · 99 yrs lease commencing from 2019
Penrose is an apartment development in District 14 (RCR). Based on 308 URA-recorded transactions from 2021–2026, its median price is $1,972,000, with prices moving about 5.8%/yr and a gross rental yield near 4.4%.
Median price
$1,972,000
2021–2026 (URA)
Appreciation
5.8%/yr
median trend
Gross yield
4.4%
~$6.19/psf rent
Lease
~92 yrs left
leasehold
What a unit at Penrose costs
| Unit | Size | Est. price | Growth |
|---|---|---|---|
| 1-bed | ~474 sqft | ~$949,422 | +6.6% |
| 2-bed | ~700 sqft | ~$1,437,100 | +5.3% |
| 3-bed | ~980 sqft | ~$2,235,380 | +32% |
| 4-bed | ~1184 sqft | ~$2,636,768 | +32.5% |
Estimated price = each unit type’s typical area × latest median PSF. Appreciation is the median price-per-sqft move for that size over 2021–2026 (URA). Segment median — not one unit tracked.
Penrose median price per sqft, by year
Median PSF of actual URA transactions each year, with year-on-year change.
Does Penrose fit your budget?
GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.
Plan your purchase →Units for sale at Penrose
Penrose — common questions
What is the price trend at Penrose?
Across 308 URA-recorded transactions from 2021 to 2026, median prices at Penrose have moved about 5.8%/yr. The latest median resale is around n/a.
How much does a unit at Penrose cost?
Units at Penrose currently range roughly from $949,422 upward, depending on size — estimated from each unit type's typical area and latest median PSF.
Is Penrose a good investment?
Penrose sits in Rest of Central Region (RCR). It has appreciated ~5.8%/yr recently and yields ~4.4% gross rent. Whether it's right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF.
How many years are left on the lease at Penrose?
Penrose is 99 yrs lease commencing from 2019 — ~92 yrs left on the lease.