Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
Established by a consortium including Singapore-listed property company UOL Group, Kheng Leong Co. (the financial investment vehicle of billionaire Wee Cho Yaw) and Tokyo-based Orix Corp, the project is created by Singaporean architect Chan Soo Khian, Japanese landscape architect and Zen monk Shunmyo Masuno and the late French interior professional Christian Liaigre, each valued for their unique inputs to architecture and design.
Long viewed as the pinnacle of reputation and legacy wealth, Nassim Road is home to a few of the nation’s most distinct real estates, from Good Class Bungalows (GCBs) to grand apartments. Its closeness to Orchard Road, Singapore’s premier shopping belt, the Botanic Gardens, a Unesco World Heritage site, the Central Business District, Marina Bay and top international institutions makes it very in-demand by the affluent both local and abroad.
A prime 3,466 sq ft four-bedroom en suite unit has actually been offered with an overview price of about S$ 5000psf. It is located in the edge stack of the high block that has not seen any resale transaction ever since the condo’s TOP in 2011, making it especially unusual.
Given the rarity and the large Estate premises, this prime and immaculate house is an outstanding choice for those seeking fine-tuned, relaxing living, riches conservation, and a legacy asset to be treasured for generations.
Furthermore, the ordinary cost patterns of Nassim Park Residences additionally revealed more powerful development over the previous seven years, compared with various other similar-sized properties in the Central Core Region (CCR) along with in Districts 9 and 10, making it a compelling choice as a heritage home for high-net-worth individuals.
Large-format high-end homes such as this have actually commonly been favoured by immigrants and long-term homeowners due to restrictions on buying landed estates. Even though the quantity of overseas buyers has actually declined following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties continues to be strong. These apartments are increasingly popular with Singaporeans, much of whom are picking them over landed homes. Chandra includes that she has recently completed transactions on various other large apartments, priced between $7.5 million and $16 million, bought by Singaporean families for their own usage.
Accessed using a personal lift, this pristine and meticulously preserved luxury property remains in outstanding move-in condition. A striking major foyer, clad in cozy wood panelling, flows right into roomy, ventilated living and dining areas. The flat also includes a shining reflective swimming pool with timber decking on the northeast-facing covered balcony, expanding the living space and making it ideal for entertaining. Aside from the generous space, there are 4 elegant ensuite bedrooms, a studying room, fine and asian kitchen and a utility area.
Nassim Park Residences, an ultra-luxurious freehold condominium, is nestled on Nassim Road in prime District 10. It makes up exactly 100 apartments– four-bedroom en suite or the five-bedroom en suite penthouses, housed across the four low-rise blocks on a sprawling land story of almost 250,000 sq ft.
Besides its distinguished locale and rarity, Nassim Park Residences has displayed solid cost strength compared to many other similar high-end properties in Districts 9 and 10, states its exclusive marketing broker, Betty Chandra from OrangeTee & Tie. “It is interesting to indicate that there is a fairly greater ratio of local versus foreigner ownership at Nassim Park Residences, contrasted to other high-end properties in Districts 9 and 10,” states Chandra.
The condominium grounds are a tranquil exclusive retreat adorned by Zen-inspired landscaping, communicating the principles of waseikeijyaju– harmony, respect, purification and tranquillity. Matching the motif is a clubhouse providing a gym, yoga exercise and health spa facilities and a roomy lounge for organizing private parties and occasions, together with a swimming pool, jacuzzi and playground.
Realty financial investment in Singapore is very closely connected to our collectivist society and legacy planning. Local capitalists often tend to hold these properties for the long term, making them less vulnerable to guideline changes and reselling volatility, she includes.
The feeling of high-end at Nassim Park Residences extends well past the apartment and its lavish, manicured grounds. Driving home along the tree-lined Nassim Road seems like a come back to a timeless refuge.
