Penrose rent and sale price
D14 / Geylang, Eunos
Address 22 Sims Drive Penrose Singapore 387396
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Apartment, Non-Landed Properties 500 transactions 99-year leasehold from 2019 Latest records Jun 2026
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Project read
Quick summary about Penrose
Penrose is a 99-year leasehold apartment in D14 / Geylang, Eunos. The page currently tracks 168 rentals and 332 sales. Penrose is near ALJUNIED MRT STATION (EW9), about 0.47 km away.
For rent checks, start with the project median of $4,925 per month and compare it with the observed size-band range of $3,300 to $7,600. For sale checks, start with the median sale price of $1,956,500 and median sale PSF of $1,997 psf, then compare floor-band evidence from $1,910,000 to $2,000,000 and PSF from $1,879 psf to $2,074 psf.
- Typical rent is $4,925 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $1,956,500, with median sale PSF at $1,997 psf and total recorded sale value of $627.0M.
- Rent is down 30.5% over the last 3 months. Sale PSF is up 1.5% over the last 3 months.
Penrose Market Position
How this project compares with the wider D14 market before you read the detailed tables.
Rent vs D14 +44.9%
Rents above district median
Penrose's median rent is $4,925 compared with the D14 median of $3,400. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D14 +21.2%
Sale PSF above district median
Penrose's median sale PSF is $1,997 psf versus the D14 median of $1,648 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 3.02%
Rent support near district screen
Gross yield is roughly 3.02% versus a D14 screen of 2.98%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 53.6% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -72.5%
Activity is lighter
33 recent transactions versus 120 in the prior 6-month view.
Tenure lens 99-year leasehold
Leasehold comparison needed
99-year leasehold from 2019 matters most on sale price. Compare Penrose against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Penrose Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $4,925
Is the asking rent fair?
$4,700 to $5,150 is the first fair-rent band to check. Above $5,150 should have a visible reason.
Median sale PSF $1,997 psf
Is the purchase price fair?
$1,900,000 to $2,020,000 and $1,940 to $2,060 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $5,900
Are similar units renting for more?
3 bed and 400 to 500 sqft give the closest unit-size checks.
Rent stability 53.6% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -72.5%
Is activity rising?
Activity is lighter. 33 recent transactions versus 120 in the prior 6-month view.
Run Penrose numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $4,925/mo Test gross and net yield against typical rent. Buy vs rent $2.0M Compare ownership cost against renting. Mortgage $2.0M Estimate monthly payment from the sale price. Stamp duty $1,997 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Penrose Project Facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 2019
Property type Apartment, Non-Landed Properties
Sales 221 sub sale transactions, 111 new sale transactions
Total sold value $627.0M
Penrose Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 168 Feb 2025 to May 2026
Sale transactions 332 Jun 2021 to Jun 2026
Rent trend -30.5% Last 3 months
Sale PSF trend 1.5% Last 3 months
Penrose Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
ALJUNIED MRT STATION (EW9) 0.47 km away
MATTAR MRT STATION (DT25) 0.9 km away
GEYLANG BAHRU MRT STATION (DT24) 0.95 km away
Schools nearby
NEXUS INTERNATIONAL SCHOOL (SINGAPORE) 0.2 km away
GEYLANG METHODIST SCHOOL (SECONDARY) 0.36 km away
GEYLANG METHODIST SCHOOL (PRIMARY) 0.48 km away
CANOSSA CATHOLIC PRIMARY SCHOOL 0.83 km away
Amenities
51 OLD AIRPORT ROAD FOOD CENTRE AND SHOPPING MALL Mall / retail · 1.41 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 4.9 km away
PELTON CANAL PARK CONNECTOR Park / green link · 0.55 km away
MARKET & HAWKER CENTRE (BLK 89 CIRCUIT ROAD) Food centre · 0.76 km away
Penrose Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,500 168 rentals in view
Latest median sale PSF $2,296 psf 107 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jun 2026 0 - 1 $2,296 psf $2,200,000
May 2026 7 $3,500 3 $2,247 psf $2,128,000
Apr 2026 3 $5,800 1 $2,205 psf $1,780,000
Mar 2026 2 $3,700 2 $2,028 psf $1,147,500
Feb 2026 3 $4,000 1 $2,249 psf $2,468,888
Jan 2026 6 $5,325 4 $2,215 psf $2,354,444
Dec 2025 3 $5,800 2 $2,145 psf $1,565,000
Nov 2025 5 $3,400 8 $2,140 psf $2,115,000
Oct 2025 7 $6,000 3 $2,148 psf $2,388,888
Sept 2025 17 $4,400 0 - -
Aug 2025 28 $5,694 10 $2,194 psf $1,762,500
Jul 2025 27 $5,300 10 $2,111 psf $2,022,500
Projects Similar to Penrose
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2018 Parc Esta 2.5 km away 2,009 transactions
- Median rent
- $4,400
- Median sale PSF
- $2,198 psf
- Median rent
- $4,400
- Median sale PSF
- $1,769 psf
- Median rent
- $4,300
- Median sale PSF
- $1,831 psf
- Median rent
- $4,200
- Median sale PSF
- $1,889 psf
- Median rent
- $4,100
- Median sale PSF
- $1,801 psf
- Median rent
- $4,000
- Median sale PSF
- $2,230 psf
Penrose Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $3,300 $3,338 35
2 bed $4,200 $4,178 44
3 bed $5,900 $5,935 64
4 bed $7,600 $7,615 10
Unknown $5,900 $5,390 15
Penrose Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
400 to 500 sqft $3,300 $3,331 37
500 to 600 sqft $3,600 $3,600 1
600 to 700 sqft $3,975 $3,987 30
700 to 800 sqft $4,500 $4,536 14
800 to 900 sqft $4,600 $4,667 3
900 to 1,000 sqft $5,800 $5,749 34
1,000 to 1,100 sqft $6,000 $6,038 30
1,100 to 1,200 sqft $6,650 $6,663 8
Penrose Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $2,000,000 $1,879 psf 73
06 to 10 $1,910,000 $2,003 psf 105
11 to 15 $1,998,500 $2,002 psf 90
16 to 20 $1,946,500 $2,074 psf 64
Penrose Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Penrose shows a typical monthly rent of $4,925 across 168 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $4,925
Rentals 168
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Recent sales at Penrose point to a typical sale price of $1,956,500 and $1,997 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,956,500
Median PSF $1,997 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 2019 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Penrose has 332 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $627.0M
Latest record Jun 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D14 to compare Penrose against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Penrose FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Penrose?
Penrose has a median monthly rent of $4,925 across 168 rentals.
What is the typical sale price at Penrose?
The median sale price for Penrose is $1,956,500, based on 332 sales on this page.
What is the median sale PSF at Penrose?
The median sale price per square foot for Penrose is $1,997 psf. The average sale PSF is $1,952 psf.
Is Penrose freehold or leasehold?
Penrose is listed as 99-year leasehold from 2019. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Penrose located?
Penrose is located at 22 Sims Drive Penrose Singapore 387396 in D14 / Geylang, Eunos.
How current is the Penrose transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.