PENROSE
SIMS DRIVE · District 14 · 99 yrs lease commencing from 2019
Median Price
S$1.9M
Price Range
S$888K - S$3.2M
Tenure
Leasehold
Avg Rent
S$6.03 psf
PENROSE Price Analysis
PENROSE is a leasehold development on SIMS DRIVE in District 14 (Geylang/Paya Lebar). According to URA transaction records, 343 private residential transactions have been recorded at this development, with a median price of S$1,939,000. Prices range from S$888K for the smallest units to S$3.2M for premium configurations.
The development offers units across 5 size categories. The most traded segment is studio (<50 sqm) at a median of S$935,444. Larger units (4-bed (130-170 sqm)) trade at S$2,432,000, reflecting the premium for additional space.
On the rental side, PENROSE commands an average of S$6.03 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.2%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| Studio (<50 sqm) | S$935K | 44 sqm | 22 |
| 1-Bed (50-70 sqm) | S$1.4M | 63 sqm | 75 |
| 2-Bed (70-100 sqm) | S$1.9M | 91 sqm | 112 |
| 3-Bed (100-130 sqm) | S$2.1M | 115 sqm | 118 |
| 4-Bed (130-170 sqm) | S$2.4M | 130 sqm | 16 |
Current Listings
3-Bed sale
Lim Wei Ming · PROPNEX REALTY PTE. LTD.
3-Bed sale
Lorraine Tan Yu Lin · PROPNEX REALTY PTE. LTD.
FAQ
What is the average price of PENROSE?
The median transaction price at PENROSE is S$1,939,000, based on 343 URA-recorded transactions. Prices range from S$888K to S$3.2M.
What is the rental rate at PENROSE?
The average rental rate at PENROSE is approximately S$6.03 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.