Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
Continued seen as the peak of prestige and legacy riches, Nassim Road is dwelling to some of the country’s most private real estates, from Good Class Bungalows (GCBs) to luxurious condominiums. Its closeness to Orchard Road, Singapore’s premier shopping belt, the Botanic Gardens, a Unesco World Heritage site, the Central Business District, Marina Bay and prominent international institutions makes it highly sought by the affluent both locally and abroad.
A prime 3,466 sq ft four-bedroom en suite unit has actually been offered with a guide cost of around S$ 5000psf. It is placed in the corner stack of the elevated block that has not seen any resale transaction since the condominium’s TOP in 2011, making it exceptionally rare.
In addition, the average price patterns 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) as well as in Districts 9 and 10, making it a compelling choice as a tradition home for high-net-worth individuals.
Realty financial investment in Singapore is very closely tied to our collectivist society and heritage preparation. Local financiers tend to hold these properties for the long term, making them less vulnerable to guideline alterations and reselling volatility, she includes.
The sense of deluxe at Nassim Park Residences stretches well past the apartment and its lush, manicured premises. Driving home along the tree-lined Nassim Road seems like a come back to a timeless sanctuary.
Given the rarity and the sizeable Freehold premises, this prime and immaculate residence is a superb option for those seeking refined, peaceful living, wealth conservation, and a legacy asset to be cherished for generations.
Besides its distinguished place and rarity, Nassim Park Residences has displayed strong rate durability contrasted to other similar premium properties in Districts 9 and 10, states its exclusive promotion and marketing agent, Betty Chandra from OrangeTee & Tie. “It is interesting to indicate that there is a reasonably greater percentage of local versus foreigner possession at Nassim Park Residences, contrasted to various other high-end properties in Areas 9 and 10,” says Chandra.
Nassim Park Residences, an ultra-luxurious freehold condo, 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 4 low-rise blocks on a sprawling land plot of approximately 250,000 sq ft.
The condominium 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 spa establishments and a roomy lounge for holding personal celebrations and events, together with a swimming pool, jacuzzi and play ground.
Developed by a consortium including Singapore-listed real property company UOL Group, Kheng Leong Co. (the financial 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 recognized for their distinctive contributions to architecture and design.
Accessed through a private lift, this pristine and meticulously maintained luxury apartment remains in fantastic move-in condition. A striking major entrance hall, clad in warm wood panelling, flows right into spacious, ventilated living and dining areas. The apartment likewise features a glistening reflective pool with timber decking on the northeast-facing canopied terrace, extending the living space and making it ideal for entertaining. In addition to the generous living space, there are 4 luxurious ensuite rooms, a studying room, gourmet and asian cooking area and a utility location.
Large-format high-end homes like this have commonly been favoured by foreigners and long-term homeowners as a result of limitations on purchasing landed real estates. Though the number of international purchasers has actually dropped following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties remains strong. These apartments are considerably popular with Singaporeans, many of whom are selecting them over ground homes. Chandra includes that she has actually just recently finished deals on various other large apartments, priced between $7.5 million and $16 million, bought by Singaporean families for their very own usage.
