HomeRentCondo Whole Unit2RMD14 - Eunos / Geylang / Paya LebarPenrose2 Bed Condo for Rent in Penrose

2 Bed Condo for Rent in Penrose

22 Sims Drive 387396, Aljunied, Central Region, Singapore

$4,388 /month

Added 2 months ago
Beds: 2Baths: 1Area: 646 sqft
Market Price· Fairly priced
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property IDL5Vo7dy7WjGFqKFyLLvUyi
PriceS$4,388
Property TypeCondo Whole Unit
StatusFor rent
Beds2
Baths1
Built Area646 sqft
PSF
S$7
Year Built2025
Furnished StatusPartially furnished

Description

One of the best facing for two bedroom apartment in Penrose! Mid floor level. Beautiful greenery views and relaxing landscaped sky garden right at your door step. Quiet, private & exclusive. Do not miss this beautiful unique brand new apartment. Be the first to move in. Fantastic regular dumbbell layout with mimimal wastage space. Enclosed well equipped kitchen. High quality finishes by reputable developer Hong Leong & CDL. Contemporary interiors with branded appliances and quality fittings. Partial/full furnished can be discussed. Contact Ella Chang for at +65-9780XXXX. Keys on hand. About Penrose: 1. Prime City-Fringe Location • Only ~5-minute walk to Aljunied MRT (East-West Line), providing fast access to the CBD, Paya Lebar, and Changi Airport. • Close proximity to major expressways (PIE, KPE, and Nicoll Highway). 2. Lifestyle & Facilities • Full condo facilities: 50m lap pool, gym, clubhouse, BBQ pits, tennis court, and sky garden. • Multiple pools and landscaped gardens offering a resort-style living experience. 3. Vibrant Surroundings • Walkable to amenities, wet markets and large hawker centres, eateries, supermarkets (Hao Mart, Sheng Shiong, Fairprice), and Geylang’s famous vibrant food spots. • Minutes to Paya Lebar Quarter (PLQ), Kallang Wave Mall, and Singapore Sports Hub. 4. Good School Network • Within 1km to Geylang Methodist Primary & Secondary, Canossa Catholic Primary School. • Easy access to international schools like Nexus, James Cook University.

Development Information

District & Area

D14 - Geylang

Nearest MRT

Aljunied MRT · 6 min walk

Tenure

99 years

TOP Date

30 September 2025

Project Size

Medium (566 units)

566 units

Building Structure

6 Blocks, 18 Floors

Developer

NovaSims Development Pte Ltd (Hong Leong Holdings Limited/ City Development Limited)

Unit Configuration
Bedroom Types1, 2, 3, 4 Bedroom
Floor Plan Details

Penrose has a total of 566 units, from 1 Bed - 1 Bath to 4 Bed - 4 Bath units. There are 47 types of floor plans from 474 sqft to 1,399 sqft.

Site Plan

Penrose has 6 blocks and up to 18 storeys.

Development Facilities
BBQClubhouseFitness CornerFunction RoomGames RoomGymJet PoolLap PoolLibraryOutdoor DiningPavilionPool DeckSecuritySpa PavillionSwimming PoolTennis CourtWading PoolWaterfall

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Features & Amenities
Gym
Washer
Oven
Outdoor dining
Fitness corner
Games room
Jet pool
Aircon
Clubhouse
Pavilion
Spa pavilion
Pool deck
Balcony
Tennis court
Waterfall
Lap pool
Function room
Fridge
Wading pool
Swimming pool
Bbq
Library
Security

Location

22 Sims Drive 387396, Aljunied, Central Region, Singapore

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Total Transactions

191

Average Price

S1.7M

Total Value

S333.9M

Sales Timeline

Property Value Estimate

Estimated sale value based on 302 URA transactions

Fair Value

S$1.32M

S$2,036 psf

Asking Price

S$4,388

S$7 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

Tenure

98 yrs

99-year Leasehold · Balance remaining

Confidence

High

302 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Aljunied

442m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

302 comparable transactions

S$2,038

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.970

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$2,036

Recent Comparable Transactions

10 shown · 302 total
Last Done

SIMS DRIVE

Aug 2025 · Floor 06-10

S$1,982 psf

-2.7% vs FV

484 sqftS$960,00099 yrs lease commencing from 2019

SIMS DRIVE

Aug 2025 · Floor 06-10

S$1,982 psf

-2.7% vs FV

484 sqftS$960,00099 yrs lease commencing from 2019

SIMS DRIVE

Aug 2025 · Floor 16-20

S$2,199 psf

+8.0% vs FV

807 sqftS$1,775,00099 yrs lease commencing from 2019

SIMS DRIVE

Aug 2025 · Floor 01-05

S$2,081 psf

+2.2% vs FV

807 sqftS$1,680,00099 yrs lease commencing from 2019

SIMS DRIVE

Aug 2025 · Floor 11-15

S$2,230 psf

+9.5% vs FV

807 sqftS$1,800,00099 yrs lease commencing from 2019

SIMS DRIVE

Aug 2025 · Floor 16-20

S$2,087 psf

+2.5% vs FV

646 sqftS$1,348,00099 yrs lease commencing from 2019

SIMS DRIVE

Aug 2025 · Floor 16-20

S$2,197 psf

+7.9% vs FV

797 sqftS$1,750,00099 yrs lease commencing from 2019

SIMS DRIVE

Aug 2025 · Floor 16-20

S$2,228 psf

+9.4% vs FV

1,184 sqftS$2,638,00099 yrs lease commencing from 2019

SIMS DRIVE

Aug 2025 · Floor 11-15

S$2,232 psf

+9.6% vs FV

1,173 sqftS$2,618,88899 yrs lease commencing from 2019

SIMS DRIVE

Jul 2025 · Floor 06-10

S$2,119 psf

+4.1% vs FV

958 sqftS$2,030,00099 yrs lease commencing from 2019

SIMS DRIVE

Jul 2025 · Floor 11-15

S$2,090 psf

+2.7% vs FV

646 sqftS$1,350,00099 yrs lease commencing from 2019
Below Fair Value
Above Fair Value
FV: S$2,036 psf

HELIOS AI Analysis

Based on 302 URA transactions (0 outliers removed), adjusted for: Tenure decay (3.0% discount); MRT Aljunied 442m away (+3%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

Ella Chang

Ella Chang

PROPNEX REALTY PTE. LTD.

CEA: L3008022J

+65 9780 xxxx
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