[ Penrose ]

Project Details

Address:  Sims Drive

District: D14 – Geylang, Eunos

Developer: Hong Leong and CDL

Tenure: 99 years leasehold

Expected TOP: TBA

Site area: 174,644 sqft

Maximum gross floor area: 523,944 sqft

Total no. units: 640

Unit Mix

Unit Types: TBA

Estimates and Pricing

(Based on Edgeprop, Land Sales)

Land cost – 732 psf

Construction, land financing, professional, legal, taxes, marketing and other cost ~ 532 psf

Breakeven cost ~ 1,264 psf

*updated on 19 May 2020

Amenities

This exciting new launch condo project is expected to launch in 2020, offering around 560 units in the up-and-coming Aljunied area. Developers Hong Leong and CDL have an exceptional track record of high-quality condo developments, and the relatively low bid price could imply attractive pricing when Sims Drive condo goes on sale.

The site enjoys a prime location just minutes to Aljunied MRT Station and only 15 minutes’ drive to the CBD. The Sims Vista Market and Food Centre is next door, and sought-after schools and famous eat streets are all nearby.