Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
Realty financial investment in Singapore is carefully linked to our collectivist society and heritage planning. Local capitalists have a tendency to hold these properties for the long term, making them less at risk to regulation changes and resale volatility, she adds.
Accessed via an exclusive lift, this pristine and meticulously preserved luxury apartment remains in exceptional move-in condition. A striking main foyer, clad in cozy wood panelling, streams right into large, ventilated living and dining spots. The apartment also includes a glistening reflective swimming pool with timber outdoor decking on the northeast-facing closed porch, extending the living space and making it ideal for entertaining. Aside from the generous living space, there are 4 elegant ensuite rooms, a studying room, gourmet and asian kitchen and a utility area.
Long seen as the peak of reputation and legacy wealth, Nassim Road is home to some of the nation’s most distinct properties, from Good Class Bungalows (GCBs) to grand condos. Its distance to Orchard Road, Singapore’s leading shopping belt, the Botanic Gardens, a Unesco World Heritage location, the Central Business District, Marina Bay and leading international schools makes it highly sought-after by the affluent both locally and abroad.
On top of that, the average cost patterns of Nassim Park Residences also revealed more powerful growth over the previous seven years, compared to various other similar-sized properties in the Central Core Region (CCR) as well as in Districts 9 and 10, making it a compelling choice as a heritage home for high-net-worth individuals.
Developed by a consortium including 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 made 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 unique contributions to architecture and design.
Large-format deluxe homes similar to this have typically been favoured by immigrants and permanent citizens as a result of constraints on purchasing landed estates. Though the number of foreign buyers has decreased following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties stays strong. These residences are considerably popular with Singaporeans, much of whom are choosing them over landed homes. Chandra includes that she has recently finished purchases on various other large apartments, priced between $7.5 million and $16 million, acquired by Singaporean families for their very own use.
The condo premises are a serene private retreat adorned by Zen-inspired landscaping, communicating the principles of waseikeijyaju– harmony, respect, filtration and tranquillity. Enhancing the motif is a clubhouse providing a gym, yoga and spa establishments and a roomy lounge for organizing personal celebrations and occasions, together with a pool, jacuzzi and play area.
Nassim Park Residences, an ultra-luxurious property condominium, is situated on Nassim Road in prime District 10. It makes up specifically 100 apartments– four-bedroom en suite or the five-bedroom en suite penthouses, housed across the 4 low-rise blocks on a sprawling land plot of almost 250,000 sq ft.
A prime 3,466 sq ft four-bedroom en suite unit has been offered with a guide price of approximately S$ 5000psf. It is located in the edge stack of the elevated block that has not viewed any resale transaction ever since the apartment’s TOP in 2011, making it especially uncommon.
Given the rarity and the large Property grounds, this prime and immaculate residence is an excellent choice for those looking for refined, peaceful living, riches conservation, and a legacy asset to be treasured for years.
Besides its distinguished location and rarity, Nassim Park Residences has displayed strong price resilience contrasted to many other similar high-end properties in Districts 9 and 10, claims its exclusive marketing broker, Betty Chandra from OrangeTee & Tie. “It is interesting to note that there is a reasonably higher percentage of local versus immigrant ownership at Nassim Park Residences, contrasted to various other luxury properties in Areas 9 and 10,” states Chandra.
The feeling of high-end 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 refuge.
