Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
Developed by a consortium including Singapore-listed property company UOL Group, Kheng Leong Co. (the investment vehicle 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 designer Christian Liaigre, each respected for their unique inputs to architecture and design.
Besides its distinguished locale and rarity, Nassim Park Residences has actually shown strong cost durability compared to many other similar premium properties in Districts 9 and 10, says its exclusive marketing representative, Betty Chandra from OrangeTee & Tie. “It is interesting to indicate that there is a fairly higher percentage of local versus foreigner ownership at Nassim Park Residences, contrasted to various other high-end projects in Areas 9 and 10,” says Chandra.
A top 3,466 sq ft four-bedroom en suite unit has actually been offered with a guide rate of around S$ 5000psf. It is positioned in the edge stack of the raised block that has actually not seen any resale transaction ever since the apartment’s TOP in 2011, making it especially unusual.
Continued viewed as the peak of eminence and legacy wealth, Nassim Road is home to several of the country’s most private properties, from Good Class Bungalows (GCBs) to lavish condos. Its distance to Orchard Road, Singapore’s top shopping belt, the Botanic Gardens, a Unesco World Heritage site, the Central Business District, Marina Bay and leading international colleges makes it extremely desired by the affluent both local and abroad.
Provided the rarity and the large Property grounds, this prime and immaculate house is an exceptional option for those seeking fine-tuned, serene living, wealth conservation, and a legacy asset to be cherished for years.
The condominium grounds are a tranquil private retreat adorned by Zen-inspired landscaping, communicating the principles of waseikeijyaju– harmony, respect, purification and tranquillity. Matching the style is a clubhouse providing a health club, yoga exercise and health spa facilities and a roomy lounge for holding personal gatherings and occasions, together with a swimming pool, jacuzzi and play area.
Nassim Park Residences, an ultra-luxurious property residence, is located on Nassim Road in prime District 10. It comprises 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 nearly 250,000 sq ft.
Realty investment in Singapore is closely connected to our collectivist society and heritage preparation. Local capitalists tend to hold these properties for the long term, making them much less prone to regulation modifications and resale volatility, she adds.
The feeling of luxury at Nassim Park Residences expands well past the apartment and its lavish, manicured grounds. Driving home along the tree-lined Nassim Road seems like a come back to a classic sanctuary.
Furthermore, the average price trends of Nassim Park Residences additionally showed more powerful development over the previous 7 years, compared to various other similar-sized real estates in the Central Core Region (CCR) in addition to in Districts 9 and 10, making it a compelling choice as a legacy home for high-net-worth individuals.
Large-format deluxe homes such as this have actually traditionally been favoured by immigrants and long-term citizens as a result of limitations on acquiring landed real estates. Although the number of overseas buyers has actually declined following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties remains strong. These apartments are significantly preferred with Singaporeans, much of whom are selecting them over ground homes. Chandra includes that she has lately finished purchases on other large apartments, priced between $7.5 million and $16 million, bought by Singaporean families for their very own use.
Accessed through a personal lift, this pristine and meticulously preserved luxury property is in outstanding move-in condition. A striking main foyer, clad in cozy wood panelling, flows right into roomy, ventilated living and dining spots. The apartment likewise includes a glistening reflective swimming pool with timber outdoor decking on the northeast-facing canopied porch, expanding the living space and making it ideal for entertaining. In addition to the generous space, there are 4 elegant ensuite bed rooms, a reading space, premium and asian kitchen area and a utility area.
