Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
The condo premises are a tranquil exclusive retreat adorned by Zen-inspired landscaping, communicating the principles of waseikeijyaju– harmony, respect, purification and tranquillity. Enhancing the style is a clubhouse giving a health club, yoga and health spa facilities and a roomy lounge for holding personal parties and occasions, together with a swimming pool, jacuzzi and play area.
Accessed through an exclusive lift, this pristine and meticulously preserved luxury residence is in outstanding move-in condition. A striking primary entrance hall, clad in warm wood panelling, moves into spacious, airy living and dining spaces. The apartment likewise includes a glistening reflective pool with timber outdoor decking on the northeast-facing covered terrace, expanding the living space and making it ideal for entertaining. Apart from the generous space, there are 4 elegant ensuite rooms, a studying area, gourmet and asian cooking area and a utility area.
Long seen as the pinnacle of prestige and tradition riches, Nassim Road is home to several of the nation’s most private properties, from Good Class Bungalows (GCBs) to lavish apartments. Its closeness to Orchard Road, Singapore’s premier shopping belt, the Botanic Gardens, a Unesco World Heritage internet-site, the Central Business District, Marina Bay and top international colleges makes it extremely in-demand by the affluent both locally and abroad.
Developed by a consortium consisting of Singapore-listed real estate firm UOL Group, Kheng Leong Co. (the investment vehicle of billionaire Wee Cho Yaw) and Tokyo-based Orix Corp, the project is designed by Singaporean architect Chan Soo Khian, Japanese landscape architect and Zen monk Shunmyo Masuno and the late French interior professional Christian Liaigre, each recognized for their unique inputs to architecture and design.
Besides its distinguished location and rarity, Nassim Park Residences has actually shown solid cost strength compared to many other similar premium properties in Districts 9 and 10, states its exclusive promotion and marketing representative, Betty Chandra from OrangeTee & Tie. “It is interesting to note that there is a relatively greater percentage of local versus immigrant ownership at Nassim Park Residences, contrasted to various other high-end projects in Areas 9 and 10,” states Chandra.
On top of that, the typical price trends of Nassim Park Residences additionally showed more powerful development over the previous 7 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 legacy home for high-net-worth individuals.
Nassim Park Residences, an ultra-luxurious estate condominium, is nestled on Nassim Road in prime District 10. It comprises exactly 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 nearly 250,000 sq ft.
Offered the rarity and the significant Estate grounds, this prime and immaculate house is an exceptional choice for those looking for refined, serene living, wealth preservation, and a legacy asset to be valued for generations.
Property financial investment in Singapore is very closely tied to our collectivist culture and tradition preparation. Local capitalists often tend to hold these properties for the long-term, making them much less prone to policy alterations and reselling volatility, she adds.
Large-format deluxe homes similar to this have actually traditionally been favoured by foreigners and long-term residents because of restrictions on buying landed properties. Though the number of foreign buyers has decreased following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties continues to be strong. These residences are significantly popular with Singaporeans, many of whom are choosing them over ground homes. Chandra adds that she has actually recently completed purchases on various other large apartments, priced in between $7.5 million and $16 million, acquired by Singaporean families for their very own usage.
A prime 3,466 sq ft four-bedroom en suite unit has been offered with a guide rate of approximately S$ 5000psf. It is placed in the corner stack of the raised block that has not seen any resale transaction since the condominium’s TOP in 2011, making it especially rare.
The sense of deluxe at Nassim Park Residences expands well beyond the apartment and its rich, manicured premises. Driving home along the tree-lined Nassim Road feels like a come back to an ageless sanctuary.
