Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
Nassim Park Residences, an ultra-luxurious property condo, 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 four low-rise blocks on a sprawling land plot of approximately 250,000 sq ft.
Accessed through a personal lift, this pristine and meticulously maintained luxury apartment remains in superb move-in condition. A striking major entrance hall, clad in warm wood panelling, moves right into sizable, airy living and dining spots. The apartment additionally features a glistening reflective pool with timber decking on the northeast-facing closed porch, expanding the living space and making it ideal for entertaining. Other than the generous living space, there are 4 elegant ensuite bedrooms, a reading space, fine and asian kitchen area and a utility location.
Continued seen as the pinnacle of reputation and heritage wealth, Nassim Road is home to a few of the nation’s most distinct properties, from Good Class Bungalows (GCBs) to lavish condominiums. Its distance to Orchard Road, Singapore’s leading shopping belt, the Botanic Gardens, a Unesco World Heritage internet-site, the Central Business District, Marina Bay and top international schools makes it extremely sought by the affluent both locally and abroad.
The condominium grounds are a tranquil exclusive retreat adorned by Zen-inspired landscaping, communicating the principles of waseikeijyaju– harmony, respect, filtration and tranquillity. Enhancing the motif is a clubhouse giving a health club, yoga exercise and health spa establishments and a roomy lounge for hosting private parties and events, along with a pool, jacuzzi and play area.
A prime 3,466 sq ft four-bedroom en suite unit has actually been put up for sale with a guide price of about S$ 5000psf. It is positioned in the edge stack of the high block that has actually not viewed any resale transaction ever since the condo’s TOP in 2011, making it incredibly rare.
Offered the rarity and the large Freehold grounds, this prime and spotless house is an outstanding option for those seeking refined, peaceful living, wealth conservation, and a legacy asset to be valued for generations.
Property investment in Singapore is carefully tied to our collectivist culture and heritage planning. Local investors have a tendency to hold these properties for the long-term, making them much less prone to guideline changes and reselling volatility, she includes.
The feeling of luxury at Nassim Park Residences extends well past the apartment and its lavish, manicured premises. Driving home along the tree-lined Nassim Road feels like a return to a classic refuge.
Large-format luxury homes similar to this have generally been favoured by foreigners and permanent residents because of restrictions on buying landed estates. Even though the quantity of foreign investors has decreased following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties remains strong. These apartments are considerably well-liked with Singaporeans, many of whom are choosing them over landed homes. Chandra includes that she has actually recently completed deals on other large apartments, valued between $7.5 million and $16 million, purchased by Singaporean families for their own use.
Developed by a consortium comprising Singapore-listed 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 professional Christian Liaigre, each valued for their distinct inputs to architecture and design.
Besides its prestigious area and rarity, Nassim Park Residences has shown solid rate resilience contrasted to many other similar high-end properties in Areas 9 and 10, says its exclusive promotion and marketing representative, Betty Chandra from OrangeTee & Tie. “It is interesting to note that there is a fairly higher percentage of local versus immigrant possession at Nassim Park Residences, compared to other deluxe properties in Areas 9 and 10,” claims Chandra.
Furthermore, the typical price trends of Nassim Park Residences additionally revealed more powerful development over the previous seven 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 tradition home for high-net-worth individuals.
