Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
Nassim Park Residences, an ultra-luxurious property condo, is located 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 plot of almost 250,000 sq ft.
Accessed using a personal lift, this pristine and meticulously maintained luxury property remains in excellent move-in condition. A striking main foyer, clad in warm wood panelling, moves into sizable, ventilated living and dining spaces. The flat likewise features a glistening reflective pool with timber outdoor decking on the northeast-facing canopied porch, extending the living space and making it ideal for entertaining. Aside from the generous home, there are 4 luxurious ensuite bedrooms, a reading area, fine and asian kitchen area and a utility location.
A top 3,466 sq ft four-bedroom en suite unit has been put up for sale with a guide price of about S$ 5000psf. It is placed in the corner stack of the high block that has not viewed any resale transaction ever since the condo’s TOP in 2011, making it especially unusual.
Large-format deluxe homes such as this have commonly been favoured by immigrants and long-term residents due to constraints on acquiring landed real estates. Although the quantity of overseas investors 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 selecting them over ground homes. Chandra adds that she has actually just recently completed transactions on various other large apartments, priced in between $7.5 million and $16 million, bought by Singaporean families for their very own usage.
The apartment premises are a tranquil exclusive retreat adorned by Zen-inspired landscaping, communicating the principles of waseikeijyaju– harmony, respect, filtration and tranquillity. Complementing the style is a clubhouse presenting a health club, yoga exercise and spa facilities and a roomy lounge for holding personal gatherings and occasions, together with a pool, jacuzzi and play ground.
Offered the rarity and the large Freehold grounds, this prime and spotless house is an outstanding selection for those looking for fine-tuned, serene living, wealth preservation, and a legacy asset to be cherished for years.
Continued seen as the peak of prestige and legacy wealth, Nassim Road is home to a few of the country’s most private properties, from Good Class Bungalows (GCBs) to lavish apartments. Its distance to Orchard Road, Singapore’s premier shopping belt, the Botanic Gardens, a Unesco World Heritage internet-site, the Central Business District, Marina Bay and prominent international institutions makes it very in-demand by the affluent both locally and abroad.
Besides its respected location and rarity, Nassim Park Residences has actually shown strong cost resilience compared to other similar high-end properties in Districts 9 and 10, states its exclusive marketing representative, Betty Chandra from OrangeTee & Tie. “It is interesting to note that there is a reasonably greater ratio of local versus foreigner possession at Nassim Park Residences, compared to various other deluxe properties in Areas 9 and 10,” claims Chandra.
Tembusu Grand City Development Ltd & MCL Land
The feeling of deluxe at Nassim Park Residences stretches well beyond the apartment and its lush, manicured premises. Driving home along the tree-lined Nassim Road seems like a return to an ageless refuge.
Additionally, the average cost patterns of Nassim Park Residences additionally revealed stronger development over the past seven years, compared with other similar-sized real estates in the Central Core Region (CCR) as well as in Districts 9 and 10, making it a compelling choice as a legacy home for high-net-worth individuals.
Real estate financial investment in Singapore is carefully tied to our collectivist culture and heritage preparation. Local financiers often tend to hold these properties for the long-term, making them much less susceptible to guideline changes and reselling volatility, she includes.
Developed by a consortium including Singapore-listed real property company UOL Group, Kheng Leong Co. (the investment auto of billionaire Wee Cho Yaw) and Tokyo-based Orix Corp, the project is developed by Singaporean architect Chan Soo Khian, Japanese landscape architect and Zen monk Shunmyo Masuno and the late French interior decorator Christian Liaigre, each respected for their unique contributions to architecture and design.
