Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
Realty financial investment in Singapore is closely tied to our collectivist culture and tradition preparation. Local investors tend to hold these properties for the long-term, making them less susceptible to policy alterations and resale volatility, she includes.
Provided the rarity and the large Freehold premises, this prime and spotless residence is an excellent option for those looking for improved, tranquil living, riches preservation, and a legacy asset to be treasured for years.
A prime 3,466 sq ft four-bedroom en suite unit has actually been offered with a guide price of approximately S$ 5000psf. It is positioned in the edge stack of the high block that has actually not viewed any resale transaction since the condominium’s TOP in 2011, making it especially rare.
Large-format luxury homes such as this have actually traditionally been favoured by foreigners and long-term locals as a result of constraints on acquiring landed estates. Though the amount of overseas purchasers has actually declined following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties remains strong. These residences are considerably popular with Singaporeans, many of whom are choosing them over ground homes. Chandra adds that she has lately completed transactions on other large apartments, priced between $7.5 million and $16 million, bought by Singaporean families for their own use.
Nassim Park Residences, an ultra-luxurious freehold residence, is located on Nassim Road in prime District 10. It comprises 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 roughly 250,000 sq ft.
Long considered the peak of eminence and heritage riches, Nassim Road is dwelling to some of the nation’s most distinct properties, from Good Class Bungalows (GCBs) to grand condos. Its closeness to Orchard Road, Singapore’s best shopping belt, the Botanic Gardens, a Unesco World Heritage location, the Central Business District, Marina Bay and leading international institutions makes it very sought by the affluent both locally and abroad.
Besides its respected area and rarity, Nassim Park Residences has displayed solid rate durability contrasted to many other similar premium properties in Districts 9 and 10, claims its exclusive promotion and marketing representative, Betty Chandra from OrangeTee & Tie. “It is interesting to note that there is a fairly greater ratio of local versus foreigner possession at Nassim Park Residences, compared to other deluxe properties in Districts 9 and 10,” says Chandra.
Accessed using a private lift, this pristine and meticulously preserved luxury residence is in fantastic move-in condition. A striking main entrance hall, clad in cozy wood panelling, streams into spacious, airy living and dining areas. The apartment also features a glimmering reflective swimming pool with timber decking on the northeast-facing canopied veranda, prolonging the living space and making it ideal for entertaining. Apart from the generous space, there are 4 lavish ensuite bedrooms, a studying area, gourmet and asian kitchen area and a utility area.
The condominium grounds are a tranquil private retreat adorned by Zen-inspired landscaping, communicating the principles of waseikeijyaju– harmony, respect, filtration and tranquillity. Enhancing the style is a clubhouse offering a health club, yoga exercise and health spa establishments and a spacious lounge for organizing exclusive parties and events, together with a pool, jacuzzi and play ground.
Additionally, the typical price trends of Nassim Park Residences likewise revealed stronger development over the past seven years, compared with 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.
The sense of high-end at Nassim Park Residences extends well past the apartment and its lavish, manicured premises. Driving home along the tree-lined Nassim Road seems like a return to an ageless sanctuary.
Created by a consortium consisting of Singapore-listed property firm 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 designer Christian Liaigre, each valued for their unique contributions to architecture and design.
