Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
Established 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 created 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 unique contributions to architecture and design.
Continued seen as the pinnacle of reputation and tradition wealth, Nassim Road is home to some of the nation’s most exclusive properties, from Good Class Bungalows (GCBs) to grand apartments. Its distance to Orchard Road, Singapore’s premier shopping belt, the Botanic Gardens, a Unesco World Heritage site, the Central Business District, Marina Bay and leading international colleges makes it very in-demand by the affluent both local and abroad.
A prime 3,466 sq ft four-bedroom en suite unit has been put up for sale with an overview rate of around S$ 5000psf. It is positioned in the edge stack of the elevated block that has not seen any resale transaction since the condo’s TOP in 2011, making it exceptionally rare.
The apartment premises 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 giving a gym, yoga and spa establishments and a large lounge for holding exclusive gatherings and occasions, along with a swimming pool, jacuzzi and play ground.
Accessed using a private lift, this pristine and meticulously preserved luxury property remains in superb move-in condition. A striking primary foyer, clad in warm wood panelling, flows into spacious, airy living and dining spots. The apartment additionally includes a glimmering reflective swimming pool with timber outdoor decking on the northeast-facing covered veranda, expanding the living space and making it ideal for entertaining. In addition to the generous living space, there are 4 luxurious ensuite bed rooms, a studying room, gourmet and asian kitchen area and a utility area.
Besides its respected place and rarity, Nassim Park Residences has actually displayed solid cost durability compared to 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 note that there is a reasonably higher ratio of local versus foreigner ownership at Nassim Park Residences, contrasted to various other high-end properties in Districts 9 and 10,” claims Chandra.
The sense of high-end at Nassim Park Residences stretches well past the apartment and its rich, manicured grounds. Driving home along the tree-lined Nassim Road feels like a come back to a classic sanctuary.
Nassim Park Residences, an ultra-luxurious freehold residence, is situated on Nassim Road in prime District 10. It makes up specifically 100 apartments– four-bedroom en suite or the five-bedroom en suite penthouses, housed across the four low-rise blocks on a sprawling land story of nearly 250,000 sq ft.
Additionally, the typical price trends of Nassim Park Residences additionally revealed more powerful development over the past 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 legacy home for high-net-worth individuals.
Property investment in Singapore is closely tied to our collectivist culture and heritage preparation. Local capitalists tend to hold these properties for the long term, making them much less prone to guideline changes and resale volatility, she adds.
Large-format high-end homes such as this have typically been favoured by foreigners and irreversible residents because of constraints on buying landed properties. Although the amount of overseas purchasers has declined following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties remains strong. These apartments are increasingly popular with Singaporeans, much of whom are selecting them over landed homes. Chandra includes that she has actually just recently finished purchases on various other large apartments, priced between $7.5 million and $16 million, acquired by Singaporean families for their very own use.
Offered the rarity and the sizeable Property grounds, this prime and immaculate home is an excellent option for those looking for improved, tranquil living, riches preservation, and a legacy asset to be treasured for years.
