Penrose
Penrose is an apartment in District 14 (Eunos / Geylang / Paya Lebar), in the Rest of Central Region. In the 12 months to August 2026, the median price was S$2,171 psf from 27 sales.
At a glance
- District
- District 14 (Eunos / Geylang / Paya Lebar)
- Region
- Rest of Central Region
- Type
- Apartment
- Tenure
- 99-year lease from 2019, about 92 years left
- Completed
- 2024, about 2 years old
What the prices say
The median home in Penrose sold for S$2,128,000: the middle of 27 sales in the 12 months to August 2026.
That is well above the middle condo project in District 14 (Eunos / Geylang / Paya Lebar), which sold at S$1,535 psf across 117 projects: about 41% higher. By price per square foot it ranks 2nd of the 26 projects in the district that have a price to show, where 1st is the highest.
Year by year, the median was S$1,677 psf in 2021 (113 sales) and S$2,226 psf in 2026 so far (14 sales), up about 33%. The highest year in the record was 2025 at S$2,152 psf.
Higher floors sold for more here: floors 16 to 20 at S$2,172 psf against S$2,073 psf on floors 1 to 5, about 5% more per square foot (24 months).
By unit size (24 months): under 600 sq ft at S$1,961 psf, 600 to 899 sq ft at S$2,132 psf, 900 to 1,199 sq ft at S$2,176 psf and 1,200 to 1,499 sq ft at S$2,176 psf. Larger homes cost more per square foot than smaller ones.
Against similar projects in the district
This project and the three others in District 14 (Eunos / Geylang / Paya Lebar) whose median over the last 12 months is closest to Penrose's S$2,171 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.
Their middle figure is S$2,083 psf, so Penrose sold a little above it: about 4% higher.
| Project | Median price per sq ft | Sales |
|---|---|---|
| Penrose | S$2,171 psf | 27 |
| Waterbank at Dakota | S$2,119 psf | 11 |
| Dakota Residences | S$2,083 psf | 7 |
| The Antares | S$2,064 psf | 22 |
What sells here
27 homes sold in the last 12 months, down from 125 in the 12 months before.
The most common size was 900 to 1,199 sq ft, with 72 of the 152 sales in the last 24 months, close to half.
None of the 152 sales in the last 24 months were first sales of new units: all 152 were resales.
The first new sale in our records was in September 2020.
Rents and yield
Rental contracts that began in the 12 months to August 2026 had a median rent of S$4,400 a month (83 contracts). The district's median across every contract was S$3,700, so rents here ran well above it: about 19% higher.
Over the 24 months the median rent was S$4,600 (198 contracts). The latest 12 months ran a little below that: about 4% lower. The two periods overlap, so this shows direction and not a clean year-on-year change.
By bedrooms: 1 bedroom S$3,500 (23), 2 bedrooms S$4,300 (27), 3 bedrooms S$5,800 (27) and 4 or more bedrooms S$7,700 (6). The figure in brackets is the number of contracts.
Setting rent against price for 900 to 1,199 sq ft homes (27 rentals and 12 resale or sub-sale transactions) gives a gross yield estimate of 2.9%: a median rent of S$5,800 a month against a median price of S$2,394,444. It is before maintenance, vacancy, tax and loan costs, and it uses middle values, so a particular home can differ.
Across 3 size ranges the estimate runs from 2.9% to 4.3%.
Under 600 sq ft: 4.3% (rent S$3,500 a month, price S$968,000) and 600 to 899 sq ft: 3.9% (rent S$4,300 a month, price S$1,330,000).
Age and lease
The title is a leasehold, so the years remaining shrink each year. The leases and tenure entry in the glossary explains what that means for a buyer.
Leases and tenure in the glossary
What this page cannot tell you
A median is the middle of many different homes in Penrose. It does not describe one unit: its condition, facing, view, renovation, floor or stack can each move a price well away from the middle, and none of them is in the records behind this page.
The figures are recorded transactions, so they describe what has sold and not what is on the market now. They are not a valuation, and they say nothing about future prices.
Questions this page answers
What is the median price per square foot in Penrose?
S$2,171 psf in the 12 months to August 2026, from 27 sales. For the median home that is S$2,128,000.
How many homes sold in Penrose?
27 in the last 12 months and 152 in the last 24 months, across all sale types.
What do homes in Penrose rent for?
The median rent for contracts that began in the 12 months to August 2026 was S$4,400 a month, from 83 contracts.
What is the rental yield in Penrose?
Between 2.9% and 4.3% gross, depending on unit size. It is an estimate before costs, made from the median recorded rent and the median resale or sub-sale price for each size range.
How much lease is left in Penrose?
It is a 99-year lease from 2019, which leaves about 92 years at 2026.
Figures from URA data, 12 months to August 2026. Rents to August 2026. General information, not financial advice.
The figures
Sale prices
| Period | Median price per sq ft | Median price | Sales |
|---|---|---|---|
| Last 12 months | S$2,171 psf | S$2,128,000 | 27 |
| Last 24 months | S$2,132 psf | S$1,880,000 | 152 |
| Last 5 years | S$2,027 psf | S$1,980,000 | 299 |
Source: URA data. Data as of August 2026.
Price by year
| Year | Median price per sq ft | Sales |
|---|---|---|
| 2021 | S$1,677 psf | 113 |
| 2022 | S$1,694 psf | 39 |
| 2023 | S$1,906 psf | 12 |
| 2024 | S$2,052 psf | 102 |
| 2025 | S$2,152 psf | 95 |
| 2026 (to August) | S$2,226 psf | 14 |
Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.
Price by floor range
| Floor range | Median price per sq ft | Sales |
|---|---|---|
| Floors 1 to 5 | S$2,073 psf | 28 |
| Floors 6 to 10 | S$2,072 psf | 53 |
| Floors 11 to 15 | S$2,191 psf | 40 |
| Floors 16 to 20 | S$2,172 psf | 31 |
Price by unit size
| Size | Median price per sq ft | Sales |
|---|---|---|
| Under 600 sq ft | S$1,961 psf | 19 |
| 600 to 899 sq ft | S$2,132 psf | 52 |
| 900 to 1,199 sq ft | S$2,176 psf | 72 |
| 1,200 to 1,499 sq ft | S$2,176 psf | 9 |
The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.
Rent against price for Penrose, by size
Rents
| Period | Median rent | Contracts |
|---|---|---|
| Last 12 months | S$4,400 a month | 83 |
| Last 24 months | S$4,600 a month | 198 |
| Bedrooms | Median rent, 12 months | Contracts | Median rent, 24 months |
|---|---|---|---|
| 1 bedroom | S$3,500 a month | 23 | S$3,400 a month |
| 2 bedrooms | S$4,300 a month | 27 | S$4,200 a month |
| 3 bedrooms | S$5,800 a month | 27 | S$5,825 a month |
| 4 or more bedrooms | S$7,700 a month | 6 | S$7,600 a month |
Source: URA data, rental contracts. Rents are the median of the contracts that began in the period. Data as of August 2026.
Where to look next
- Work out the stamp duty on a purchase at these prices (Free, no sign-in)
- How buyer stamp duty works
- Loan limits: how much a bank can lend
- The cooling measures, including additional stamp duty
- Other condos in District 14 (Eunos / Geylang / Paya Lebar)
- Rents for every district, by size
- Rent against price for Penrose, by size
- Leases and tenure in the glossary
What could a unit here sell for?
Condo Atlas can give an indicative value for a unit in Penrose, with a likely range and the recent sales behind it. Sign in is free.
Open Penrose in Condo AtlasOther condos in District 14 (Eunos / Geylang / Paya Lebar)
- People'S Mansion
- Prime Residence
- Qube Suites
- Regal 35
- Residences 88
- Rezi 24
- Rezi 26
- Rezi 35
- Rezi 3two
- Royce Residences
- Sallim Lodge
- Silverscape
About the data
Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.