Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
Long considered the pinnacle of status and tradition wealth, Nassim Road is home to a few of the nation’s most private properties, from Good Class Bungalows (GCBs) to lavish condominiums. Its distance to Orchard Road, Singapore’s best shopping belt, the Botanic Gardens, a Unesco World Heritage site, the Central Business District, Marina Bay and top international colleges makes it extremely sought-after by the affluent both local and abroad.
Created by a consortium comprising Singapore-listed real estate firm UOL Group, Kheng Leong Co. (the investment auto 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 decorator Christian Liaigre, each recognized for their distinct contributions to architecture and design.
Besides its prominent location and rarity, Nassim Park Residences has actually displayed strong rate durability contrasted to other similar premium properties in Areas 9 and 10, states its exclusive promotion and marketing representative, Betty Chandra from OrangeTee & Tie. “It is interesting to indicate that there is a reasonably higher ratio of local versus foreigner possession at Nassim Park Residences, compared to other high-end projects in Areas 9 and 10,” states Chandra.
The condo premises are a peaceful exclusive retreat adorned by Zen-inspired landscaping, communicating the principles of waseikeijyaju– harmony, respect, purification and tranquillity. Matching the theme is a clubhouse giving a fitness center, yoga exercise and spa establishments and a roomy lounge for organizing personal parties and events, along with a swimming pool, jacuzzi and playground.
Offered the rarity and the significant Estate grounds, this prime and immaculate home is a superb selection for those seeking refined, peaceful living, wealth preservation, and a legacy asset to be treasured for generations.
The feeling of high-end at Nassim Park Residences extends well beyond the apartment and its lavish, manicured grounds. Driving home along the tree-lined Nassim Road seems like a return to a classic sanctuary.
Nassim Park Residences, an ultra-luxurious property residence, is situated on Nassim Road in prime District 10. It consists of specifically 100 apartments– four-bedroom en suite or the five-bedroom en suite penthouses, housed across the 4 low-rise blocks on a sprawling land story of almost 250,000 sq ft.
On top of that, the average rate trends of Nassim Park Residences additionally showed more powerful growth over the last 7 years, compared with other similar-sized real estates 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.
A top 3,466 sq ft four-bedroom en suite unit has actually been put up for sale with an overview price of about S$ 5000psf. It is located in the edge stack of the raised block that has not seen any resale transaction ever since the condominium’s TOP in 2011, making it incredibly uncommon.
Realty financial investment in Singapore is carefully linked to our collectivist society and legacy planning. Local capitalists tend to hold these properties for the long term, making them much less vulnerable to guideline adjustments and reselling volatility, she adds.
Large-format deluxe homes like this have typically been favoured by foreigners and long-term residents because of limitations on acquiring landed estates. Although the quantity of international buyers has actually dropped following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties continues to be strong. These apartments are considerably well-liked with Singaporeans, many of whom are picking them over landed homes. Chandra includes that she has actually recently finished deals on other large apartments, valued in between $7.5 million and $16 million, acquired by Singaporean families for their very own usage.
Accessed using a personal lift, this pristine and meticulously preserved luxury property remains in superb move-in condition. A striking major foyer, clad in cozy wood panelling, flows right into large, ventilated living and dining areas. The apartment likewise includes a glistening reflective swimming pool with timber outdoor decking on the northeast-facing closed terrace, prolonging the living space and making it ideal for entertaining. Apart from the generous home, there are 4 elegant ensuite bedrooms, a reading space, premium and asian kitchen and a utility area.
