Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
The sense of luxury at Nassim Park Residences stretches well past the apartment and its rich, manicured premises. Driving home along the tree-lined Nassim Road seems like a come back to a timeless sanctuary.
Property investment in Singapore is very closely linked to our collectivist culture and heritage planning. Local capitalists often tend to hold these properties for the long term, making them much less susceptible to guideline changes and reselling volatility, she adds.
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 placed in the edge stack of the elevated block that has not seen any resale transaction since the condo’s TOP in 2011, making it incredibly unusual.
The apartment grounds are a tranquil exclusive 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 health spa centers and a sizable lounge for hosting private gatherings and occasions, along with a swimming pool, jacuzzi and play area.
Accessed through a personal lift, this pristine and meticulously kept luxury residence remains in outstanding move-in condition. A striking major foyer, clad in cozy wood panelling, moves right into large, ventilated living and dining areas. The apartment also includes a glimmering reflective pool with timber outdoor decking on the northeast-facing canopied balcony, extending the living space and making it ideal for entertaining. Aside from the generous home, there are 4 elegant ensuite bed rooms, a reading room, gourmet and asian kitchen and a utility location.
Given the rarity and the significant Property premises, this prime and immaculate residence is an excellent option for those looking for refined, serene living, wealth conservation, and a legacy asset to be valued for years.
Nassim Park Residences, an ultra-luxurious freehold residence, is located 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 plot of approximately 250,000 sq ft.
Besides its distinguished place and rarity, Nassim Park Residences has actually presented solid rate strength compared to many other similar high-end properties in Areas 9 and 10, states its exclusive promotion and marketing broker, Betty Chandra from OrangeTee & Tie. “It is interesting to note that there is a relatively greater ratio of local versus foreigner ownership at Nassim Park Residences, compared to other deluxe projects in Areas 9 and 10,” claims Chandra.
Large-format deluxe homes similar to this have commonly been favoured by immigrants and irreversible locals due to restrictions on buying landed real estates. Even though the number of foreign purchasers has dropped following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties stays strong. These apartments are significantly well-liked with Singaporeans, much of whom are selecting them over ground homes. Chandra adds that she has lately completed purchases on other large apartments, valued between $7.5 million and $16 million, bought by Singaporean families for their very own usage.
Continued considered the peak of eminence and tradition riches, Nassim Road is home to some of the nation’s most private properties, from Good Class Bungalows (GCBs) to first-class apartments. Its distance to Orchard Road, Singapore’s premier shopping belt, the Botanic Gardens, a Unesco World Heritage location, the Central Business District, Marina Bay and prominent international colleges makes it extremely desired by the affluent both local and abroad.
Furthermore, the typical cost trends of Nassim Park Residences likewise revealed more powerful development over the past 7 years, compared to other similar-sized properties in the Central Core Region (CCR) in addition to in Districts 9 and 10, making it a compelling choice as a heritage home for high-net-worth individuals.
Developed by a consortium comprising Singapore-listed real property 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 distinctive contributions to architecture and design.
