Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
Realty financial investment in Singapore is carefully tied to our collectivist culture and heritage planning. Local capitalists tend to hold these properties for the long-term, making them less susceptible to policy alterations and reselling volatility, she adds.
Continued seen as the pinnacle of reputation and heritage riches, Nassim Road is home to a few of the nation’s most private real estates, from Good Class Bungalows (GCBs) to first-class condominiums. Its distance to Orchard Road, Singapore’s best shopping belt, the Botanic Gardens, a Unesco World Heritage internet-site, the Central Business District, Marina Bay and top international colleges makes it extremely desired by the affluent both locally and abroad.
On top of that, the ordinary rate trends of Nassim Park Residences likewise revealed stronger development over the last 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 heritage home for high-net-worth individuals.
The condominium grounds are a serene exclusive retreat adorned by Zen-inspired landscaping, communicating the principles of waseikeijyaju– harmony, respect, purification and tranquillity. Enhancing the style is a clubhouse offering a gym, yoga exercise and health spa facilities and a large lounge for hosting personal celebrations and events, along with a swimming pool, jacuzzi and playground.
A prime 3,466 sq ft four-bedroom en suite unit has been offered with a guide price of about S$ 5000psf. It is positioned in the corner stack of the raised block that has not viewed any resale transaction ever since the condo’s TOP in 2011, making it especially rare.
Given the rarity and the sizeable Property grounds, this prime and immaculate home is an excellent choice for those seeking improved, relaxing living, wealth conservation, and a legacy asset to be cherished for years.
Large-format deluxe homes like this have actually commonly been favoured by immigrants and long-term locals because of restrictions on buying landed properties. Though the number of international purchasers has dropped following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties remains strong. These flats are considerably well-liked with Singaporeans, many of whom are selecting them over ground homes. Chandra adds that she has lately completed purchases on various other large apartments, priced in between $7.5 million and $16 million, acquired by Singaporean families for their very own usage.
The feeling of high-end at Nassim Park Residences expands well beyond the apartment and its lavish, manicured grounds. Driving home along the tree-lined Nassim Road seems like a return to a classic refuge.
Nassim Park Residences, an ultra-luxurious estate residence, is nestled on Nassim Road in prime District 10. It makes up exactly 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 almost 250,000 sq ft.
Created by a consortium including Singapore-listed property firm 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 decorator Christian Liaigre, each recognized for their unique contributions to architecture and design.
Besides its respected place and rarity, Nassim Park Residences has actually presented strong price resilience contrasted to other similar high-end properties in Areas 9 and 10, says its exclusive promotion and marketing broker, Betty Chandra from OrangeTee & Tie. “It is interesting to note that there is a reasonably higher ratio of local versus foreigner possession at Nassim Park Residences, contrasted to various other deluxe properties in Areas 9 and 10,” says Chandra.
Accessed using a private lift, this pristine and meticulously maintained luxury residence is in outstanding move-in condition. A striking main entrance hall, clad in cozy wood panelling, flows right into sizable, ventilated living and dining spaces. The flat likewise features a glistening reflective pool with timber outdoor decking on the northeast-facing canopied terrace, expanding the living space and making it ideal for entertaining. Aside from the generous space, there are 4 luxurious ensuite bed rooms, a studying room, fine and asian cooking area and a utility area.
