Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
Given the rarity and the significant Estate grounds, this prime and immaculate house is an excellent choice for those seeking improved, relaxing living, riches conservation, and a legacy asset to be treasured for years.
Besides its prominent location and rarity, Nassim Park Residences has presented solid rate resilience compared to many other similar premium properties in Areas 9 and 10, says its exclusive promotion and marketing agent, Betty Chandra from OrangeTee & Tie. “It is interesting to consider that there is a reasonably higher ratio of local versus immigrant ownership at Nassim Park Residences, contrasted to other luxury properties in Districts 9 and 10,” claims Chandra.
A prime 3,466 sq ft four-bedroom en suite unit has been put up for sale with a guide cost of about S$ 5000psf. It is located in the corner stack of the high block that has not viewed any resale transaction ever since the condo’s TOP in 2011, making it exceptionally rare.
Large-format high-end homes such as this have actually generally been favoured by foreigners and permanent residents as a result of restrictions on buying landed real estates. Though the number of overseas investors has actually declined following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties stays strong. These apartments are increasingly well-liked with Singaporeans, much of whom are picking them over ground homes. Chandra adds that she has recently finished deals on other large apartments, priced between $7.5 million and $16 million, bought by Singaporean families for their own use.
Established by a consortium comprising 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 created by Singaporean architect Chan Soo Khian, Japanese landscape architect and Zen monk Shunmyo Masuno and the late French interior designer Christian Liaigre, each respected for their distinct contributions to architecture and design.
The sense of high-end at Nassim Park Residences extends well beyond the apartment and its lavish, manicured grounds. Driving home along the tree-lined Nassim Road feels like a return to a timeless refuge.
The condominium grounds are a peaceful private retreat adorned by Zen-inspired landscaping, communicating the principles of waseikeijyaju– harmony, respect, purification and tranquillity. Complementing the motif is a clubhouse offering a gym, yoga and health spa facilities and a spacious lounge for organizing private parties and occasions, along with a swimming pool, jacuzzi and play area.
Realty financial investment in Singapore is very closely tied to our collectivist culture and heritage preparation. Local investors have a tendency to hold these properties for the long term, making them much less susceptible to policy modifications and reselling volatility, she adds.
Accessed using a private lift, this pristine and meticulously preserved luxury apartment is in fantastic move-in condition. A striking major foyer, clad in cozy wood panelling, flows into large, airy living and dining areas. The flat also features a glimmering reflective pool with timber decking on the northeast-facing covered veranda, expanding 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 kitchen and a utility area.
Nassim Park Residences, an ultra-luxurious estate condominium, is located on Nassim Road in prime District 10. It consists of precisely 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 roughly 250,000 sq ft.
Continued viewed as the pinnacle of prestige and heritage wealth, Nassim Road is dwelling to some of the country’s most exclusive real estates, from Good Class Bungalows (GCBs) to grand apartments. Its closeness to Orchard Road, Singapore’s best shopping belt, the Botanic Gardens, a Unesco World Heritage site, the Central Business District, Marina Bay and leading international colleges makes it extremely in-demand by the affluent both locally and abroad.
In addition, the ordinary price patterns of Nassim Park Residences additionally revealed stronger development over the previous 7 years, compared to 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 legacy home for high-net-worth individuals.
