CITY DEVELOPMENTS LTD
Penrose developer City Developments Ltd(CDL) is a well known real estate development company in Singapore. They have more than 50 years of experience in this field and have since delivered more than 43,000 residential units across 29 countries.
CDL is also publicly listed on the SGX Mainboard with a diverse business portfolio of offices, shopping malls, residences, serviced apartments and integrated developments.
Their previous track records include many high end condominium projects such as South Beach Residences, Echelon, Piermont Grand EC at Sumang Walk and Sengkang Grand at Sengkang Central and New Futura. Together with their co-developer Hong Leong Holdings, home buyers of Penrose Condo Singapore can expect the best of quality upon key collection.
HONG LEONG HOLDINGS LTD
In the joint venture to develop Penrose Condo with CDL is Hong Leong Holdings Limited. Another renowned local developer, they have completed more than 100 residential projects and manages 8 commercial properties since inception in 1968
Hong Leong Holdings Limited operated in a similar way to CDL where they possess units for leasing other than property development.
Their previous track records include Meyrise, One Balmoral, Commonwealth Towers, Midwood at Hillview Rise, the upcoming One North Eden and more. Sighting their many successful developments, proud owners of Penrose can expect exceptional finishing when they collect the keys to their home.
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