D14 - Geylang
Aljunied MRT · 6 min walk
30 September 2025
Medium (566 units)
566 units
6 Blocks, 18 Floors
NovaSims Development Pte Ltd (Hong Leong Holdings Limited/ City Development Limited)
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.
Penrose has 6 blocks and up to 18 storeys.
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Total Transactions
191
Average Price
S1.7M
Total Value
S333.9M
Calculating fair value from URA transaction data…


License: L3008022J
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Automated Valuation based on 334 URA transactions
Fair Value
S$960,697
S$2,027 psf
Asking Price
S$999,000
S$2,108 psf
vs Market
+4.0%
vs Last Done
+6.4%
Tenure
98 yrs
99-year Leasehold · Balance remaining
Confidence
High
334 comps
Nearest MRT
Aljunied
442m away · +3% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
334 comparable transactions
S$2,029
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$2,027
Recent Comparable Transactions
10 shown · 334 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | SIMS DRIVE Floor 06-10 | 484sqft | S$960,000 | ▼S$1,982 -2.2% vs FV | 99 yrs lease commencing from 2019 |
Aug 2025 | SIMS DRIVE Floor 06-10 | 484sqft | S$960,000 | ▼S$1,982 -2.2% vs FV | 99 yrs lease commencing from 2019 |
Aug 2025 | SIMS DRIVE Floor 16-20 | 807sqft | S$1,775,000 | ▲S$2,199 +8.5% vs FV | 99 yrs lease commencing from 2019 |
Aug 2025 | SIMS DRIVE Floor 01-05 | 807sqft | S$1,680,000 | ▲S$2,081 +2.7% vs FV | 99 yrs lease commencing from 2019 |
Aug 2025 | SIMS DRIVE Floor 11-15 | 807sqft | S$1,800,000 | ▲S$2,230 +10.0% vs FV | 99 yrs lease commencing from 2019 |
Aug 2025 | SIMS DRIVE Floor 16-20 | 646sqft | S$1,348,000 | ▲S$2,087 +3.0% vs FV | 99 yrs lease commencing from 2019 |
Aug 2025 | SIMS DRIVE Floor 16-20 | 797sqft | S$1,750,000 | ▲S$2,197 +8.4% vs FV | 99 yrs lease commencing from 2019 |
Aug 2025 | SIMS DRIVE Floor 16-20 | 1,184sqft | S$2,638,000 | ▲S$2,228 +9.9% vs FV | 99 yrs lease commencing from 2019 |
Aug 2025 | SIMS DRIVE Floor 11-15 | 1,173sqft | S$2,618,888 | ▲S$2,232 +10.1% vs FV | 99 yrs lease commencing from 2019 |
Jul 2025 | SIMS DRIVE Floor 06-10 | 958sqft | S$2,030,000 | ▲S$2,119 +4.5% vs FV | 99 yrs lease commencing from 2019 |
Jul 2025 | SIMS DRIVE Floor 11-15 | 646sqft | S$1,350,000 | ▲S$2,090 +3.1% vs FV | 99 yrs lease commencing from 2019 |
SIMS DRIVE
Aug 2025 · Floor 06-10
-2.2% vs FV
SIMS DRIVE
Aug 2025 · Floor 06-10
-2.2% vs FV
SIMS DRIVE
Aug 2025 · Floor 16-20
+8.5% vs FV
SIMS DRIVE
Aug 2025 · Floor 01-05
+2.7% vs FV
SIMS DRIVE
Aug 2025 · Floor 11-15
+10.0% vs FV
SIMS DRIVE
Aug 2025 · Floor 16-20
+3.0% vs FV
SIMS DRIVE
Aug 2025 · Floor 16-20
+8.4% vs FV
SIMS DRIVE
Aug 2025 · Floor 16-20
+9.9% vs FV
SIMS DRIVE
Aug 2025 · Floor 11-15
+10.1% vs FV
SIMS DRIVE
Jul 2025 · Floor 06-10
+4.5% vs FV
SIMS DRIVE
Jul 2025 · Floor 11-15
+3.1% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.