Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
Continued considered the peak of eminence and tradition riches, Nassim Road is home to several of the country’s most distinct properties, from Good Class Bungalows (GCBs) to luxurious condos. Its closeness to Orchard Road, Singapore’s premier shopping belt, the Botanic Gardens, a Unesco World Heritage location, the Central Business District, Marina Bay and leading international schools makes it highly sought-after by the affluent both local and abroad.
Given the rarity and the large Freehold grounds, this prime and spotless house is an outstanding selection for those seeking fine-tuned, peaceful living, wealth conservation, and a legacy asset to be treasured for generations.
The feeling of deluxe at Nassim Park Residences extends well beyond the apartment and its lush, manicured premises. Driving home along the tree-lined Nassim Road seems like a return to a timeless refuge.
The apartment 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 providing a fitness center, yoga and spa establishments and a roomy lounge for holding private celebrations and occasions, along with a swimming pool, jacuzzi and playground.
A top 3,466 sq ft four-bedroom en suite unit has been offered with an overview rate of about S$ 5000psf. It is located in the corner stack of the elevated block that has not seen any resale transaction since the apartment’s TOP in 2011, making it incredibly uncommon.
Additionally, the ordinary cost patterns of Nassim Park Residences likewise showed more powerful growth over the past 7 years, compared with other similar-sized properties in the Central Core Region (CCR) as well as in Districts 9 and 10, making it a compelling choice as a heritage home for high-net-worth individuals.
Nassim Park Residences, an ultra-luxurious property condo, 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 story of nearly 250,000 sq ft.
Developed by a consortium consisting of Singapore-listed real estate company UOL Group, Kheng Leong Co. (the financial investment auto 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 decorator Christian Liaigre, each appreciated for their distinctive inputs to architecture and design.
Besides its respected area and rarity, Nassim Park Residences has actually shown solid cost strength contrasted to many other similar high-end properties in Areas 9 and 10, states its exclusive promotion and marketing representative, Betty Chandra from OrangeTee & Tie. “It is interesting to consider that there is a fairly greater ratio of local versus immigrant ownership at Nassim Park Residences, contrasted to other deluxe properties in Areas 9 and 10,” says Chandra.
Large-format deluxe homes such as this have traditionally been favoured by foreigners and irreversible homeowners as a result of constraints on acquiring landed real estates. Though the quantity of overseas purchasers has declined following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties stays strong. These residences are increasingly well-liked with Singaporeans, much of whom are choosing them over ground homes. Chandra includes that she has actually lately finished deals on other large apartments, priced in between $7.5 million and $16 million, purchased by Singaporean families for their own usage.
Real estate investment in Singapore is carefully connected to our collectivist culture and heritage planning. Local capitalists often tend to hold these properties for the long-term, making them less susceptible to policy modifications and reselling volatility, she includes.
Accessed using an exclusive lift, this pristine and meticulously maintained luxury apartment remains in excellent move-in condition. A striking main foyer, clad in cozy wood panelling, moves right into large, airy living and dining areas. The apartment likewise includes a glimmering reflective swimming pool with timber outdoor decking on the northeast-facing covered balcony, extending the living space and making it ideal for entertaining. Other than the generous space, there are 4 elegant ensuite bedrooms, a reading room, fine and asian cooking area and a utility area.
