Penrose
Penrose is a 99-year lease (92 yrs left) apartment development in District 14 (Geylang / Eunos / Paya Lebar). It has 292 recorded private transactions. Latest sale: $2,750,000 (Sep 2026, 110 sqm, floors 01-05). Median $2,030/sqft. Prices up 28.2% over the period. 92 years lease remaining.
Where Penrose ranks in District 14
All 134 projects ›Median psf over time
Estimate a unit at Penrose
Based on URA transactions for this development. Pick a floor band and unit size.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.15% a year.
Price by floor
| Floor band | Median psf | Transactions |
|---|---|---|
| 01-05 | $1,919 | 66 |
| 06-10 | $2,037 | 88 |
| 11-15 | $2,055 | 83 |
| 16-20 | $2,088 | 55 |
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Sep 2026 | 01-05 | Sub Sale | 110 sqm | $2,750,000 | $2,323 |
| Jun 2026 | 11-15 | Sub Sale | 89 sqm | $2,200,000 | $2,296 |
| Jun 2026 | 06-10 | Sub Sale | 45 sqm | $950,000 | $1,961 |
| May 2026 | 06-10 | Sub Sale | 44 sqm | $960,000 | $2,027 |
| May 2026 | 11-15 | Sub Sale | 88 sqm | $2,128,000 | $2,247 |
| May 2026 | 16-20 | Sub Sale | 97 sqm | $2,513,888 | $2,408 |
| Apr 2026 | 06-10 | Sub Sale | 75 sqm | $1,780,000 | $2,205 |
| Mar 2026 | 06-10 | Sub Sale | 45 sqm | $970,000 | $2,003 |
| Mar 2026 | 06-10 | Sub Sale | 60 sqm | $1,325,000 | $2,052 |
| Feb 2026 | 06-10 | Sub Sale | 102 sqm | $2,468,888 | $2,249 |
| Feb 2026 | 11-15 | Sub Sale | 98 sqm | $2,488,000 | $2,359 |
| Jan 2026 | 01-05 | Sub Sale | 109 sqm | $2,538,888 | $2,164 |
| Jan 2026 | 16-20 | Sub Sale | 89 sqm | $2,170,000 | $2,265 |
| Jan 2026 | 16-20 | Sub Sale | 129 sqm | $3,180,000 | $2,290 |
| Jan 2026 | 06-10 | Sub Sale | 60 sqm | $1,326,000 | $2,053 |
| Dec 2025 | 11-15 | Sub Sale | 75 sqm | $1,800,000 | $2,230 |
| Dec 2025 | 11-15 | Sub Sale | 60 sqm | $1,330,000 | $2,059 |
| Nov 2025 | 16-20 | Sub Sale | 89 sqm | $2,080,000 | $2,171 |
| Nov 2025 | 06-10 | Sub Sale | 97 sqm | $2,400,000 | $2,299 |
| Nov 2025 | 11-15 | Sub Sale | 130 sqm | $2,950,000 | $2,108 |
| Nov 2025 | 11-15 | Sub Sale | 89 sqm | $2,150,000 | $2,244 |
| Nov 2025 | 16-20 | Sub Sale | 45 sqm | $1,010,888 | $2,087 |
| Nov 2025 | 01-05 | Sub Sale | 130 sqm | $3,045,000 | $2,176 |
| Nov 2025 | 01-05 | Sub Sale | 46 sqm | $968,000 | $1,955 |
| Nov 2025 | 11-15 | Sub Sale | 60 sqm | $1,310,000 | $2,028 |
Penrose is inside the 1 km Primary 1 priority zone for 2 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Private condos and apartments closest to Penrose, with their median resale psf. Useful for comparing what Penrose costs per square foot against nearby developments.
About Penrose
Penrose sits near the top of District 14 (Geylang / Eunos / Paya Lebar) on price, its $2,030 psf median dearer than roughly 97% of projects in the district. It has a busy transaction history, with 292 sales between 2021-10 and 2026-09, ranging from $888,000 to $3,180,000. The most recent transaction was a 110 sqm unit (floors 01-05) at $2,750,000 in Sep 2026, and the median is $2,030 psf. Floor level matters here: units on the higher 16-20 band have traded around 9% per square foot above the 01-05 band. Over the data window, prices here are up about 28.2% (about 5.2% a year). On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 92 years remaining is 0.9578, an annual lease decay of about 0.15%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at Penrose cost?
The most recent transaction at Penrose was $2,750,000 for a 110 sqm unit in 2026-09. The median price is $2,030 per square foot across 292 transactions, ranging from $888,000 to $3,180,000. Data sourced from URA.
Is Penrose freehold or leasehold?
Penrose is on a 99-year lease commencing in 2019, with approximately 92 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.15%.
What is the price per square foot (psf) at Penrose?
The median price at Penrose is $2,030 psf, with transactions ranging from $1,605 to $2,408 psf. This is based on 292 URA-recorded transactions in District 14.
Have prices at Penrose gone up or down?
Prices at Penrose have increased by approximately 28.2% over the data period (around 5.2% a year). The median price is currently $2,030 psf, with the most recent sale at $2,750,000 in 2026-09.