Penrose Condo: Is There Still Upside After the First Owners Made $700K? Can Second Owners Still Win?

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Penrose was one of the best-performing new launches of the COVID era. First owners walked away with $500K to $700K in profit. The project just TOP in 2025.

Now the question is: if you're a second buyer looking at Penrose today, does it still make sense? Or has the upside already been priced in?

In this full resale review, we break down whether Penrose is a buy, wait, or avoid at today's pricing.

00:00 Intro — Penrose Resale Review
01:16 Project Overview — 566 Units, Sims Drive, TOP 2025
01:33 Unit Mix Analysis — Own-Stay Heavy
02:00 Developer Land Bid & Break-Even Pricing
02:38 Timeline & Location Advantages
03:16 Market Sentiments at Launch — What Buyers Feared
04:28 Expressway-Facing Units — Do They Still Make Money?
05:11 Launch Performance & Why Penrose Outperformed
07:41 Profit Performance — How First Owners Made $700K
08:12 Current Resale Supply — Sticky Owners Signal
09:05 Penrose vs Sims Urban Oasis, Trilive & Centro Grove
11:14 Layout Comparison — Why Trilive Underperformed
13:04 Penrose vs Antares & Park Esta (New Launch Comparison)
17:03 Antares Layout Problem That Cost Buyers $200K
18:35 Current Resale Pricing Comparison
21:44 Upcoming Kallang Close GLS — The New Pricing Benchmark
22:47 Buy, Wait or Avoid? Our Honest Verdict

Whether you're a first-time investor eyeing the Aljunied area, an upgrader looking for something near town at a reasonable quantum, or an experienced investor weighing resale vs new launch, this review gives you the full picture before you commit.

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