Penrose
Penrose is a 99-year leasehold condominium in District 14 (Geylang, Eunos), within Singapore's Rest of Central Region (RCR). Completed in 2021, the development comprises 566 units, on a lease that commenced in 2019. Sale and rental figures on this page are compiled from URA transaction records.
PENROSE
Over the 12 months to Jun 2026, Penrose recorded 47 resale transactions at a median $2,152 psf (median price $2,015,000), and 117 rental contracts at a median $5,300/mo, a gross rental yield of 3.2%. Source: URA caveat data, as of Jun 2026.
Penrose's median of $2,152 psf over the trailing 12 months places its pricing above roughly 95% of District 14 condos; resale liquidity has been active with 47 caveats lodged; the 3.2% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jun-26 | $2,200,000 | $2,296 psf | 958 sqft | 11 to 15 | 3BR |
| Jun-26 | $950,000 | $1,961 psf | 484 sqft | 06 to 10 | Studio |
| May-26 | $960,000 | $2,027 psf | 474 sqft | 06 to 10 | Studio |
| May-26 | $2,513,888 | $2,408 psf | 1,044 sqft | 16 to 20 | 3BR |
| May-26 | $2,128,000 | $2,247 psf | 947 sqft | 11 to 15 | 2BR |
| Apr-26 | $1,780,000 | $2,205 psf | 807 sqft | 06 to 10 | 2BR |
| Mar-26 | $1,325,000 | $2,052 psf | 646 sqft | 06 to 10 | 1BR |
| Mar-26 | $970,000 | $2,003 psf | 484 sqft | 06 to 10 | Studio |
Can I afford Penrose?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $2,015,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.