Indeed am expecting the
Penrose condo to be well received. For one thing, the land cost is among the lowest for the area, even lower than the earlier land sale for Parc Esta. That ought to translate into a pretty reasonable price for it, even if the developer takes a slightly larger profit margin. For another Penrose is being developed by CDL, which is a favourite among buyers. Am expecting good response to this project. However it looks like the
Penrose showflat won't be opening anytime soon, especially in view of the current conditions in Singapore and around the world.