Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
Accessed through a private lift, this pristine and meticulously maintained luxury apartment remains in outstanding move-in condition. A striking main entrance hall, clad in cozy wood panelling, streams right into large, airy living and dining areas. The apartment likewise features a shining reflective pool with timber decking on the northeast-facing covered terrace, extending the living space and making it ideal for entertaining. Apart from the generous home, there are 4 lavish ensuite bed rooms, a reading area, fine and asian kitchen and a utility area.
Long considered the pinnacle of eminence and legacy riches, Nassim Road is dwelling to several of the country’s most private real estates, from Good Class Bungalows (GCBs) to lavish condos. Its closeness to Orchard Road, Singapore’s leading shopping belt, the Botanic Gardens, a Unesco World Heritage site, the Central Business District, Marina Bay and leading international schools makes it extremely sought-after by the affluent both locally and abroad.
Given the rarity and the large Property grounds, this prime and spotless residence is an excellent option for those looking for improved, relaxing living, riches preservation, and a legacy asset to be cherished for generations.
The condo grounds are a tranquil private retreat adorned by Zen-inspired landscaping, communicating the principles of waseikeijyaju– harmony, respect, purification and tranquillity. Matching the theme is a clubhouse giving a health club, yoga exercise and health spa centers and a roomy lounge for organizing exclusive gatherings and events, together with a pool, jacuzzi and playground.
Real estate investment in Singapore is closely connected to our collectivist society and legacy planning. Local financiers often tend to hold these properties for the long term, making them much less at risk to policy modifications and resale volatility, she includes.
Large-format high-end homes such as this have actually typically been favoured by immigrants and permanent residents due to limitations on acquiring landed real estates. Even though the quantity of international investors has actually dropped following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties continues to be strong. These flats are increasingly popular with Singaporeans, many of whom are choosing them over ground homes. Chandra includes that she has lately finished purchases on other large apartments, priced between $7.5 million and $16 million, bought by Singaporean families for their very own use.
Furthermore, the ordinary price trends of Nassim Park Residences additionally revealed more powerful growth over the past seven years, compared to other similar-sized properties in the Central Core Region (CCR) in addition to in Districts 9 and 10, making it a compelling choice as a heritage home for high-net-worth individuals.
The feeling of deluxe at Nassim Park Residences stretches well beyond the apartment and its lush, manicured premises. Driving home along the tree-lined Nassim Road seems like a return to a classic sanctuary.
Nassim Park Residences, an ultra-luxurious property condo, is situated on Nassim Road in prime District 10. It comprises exactly 100 apartments– four-bedroom en suite or the five-bedroom en suite penthouses, housed across the 4 low-rise blocks on a sprawling land plot of almost 250,000 sq ft.
Created by a consortium consisting of Singapore-listed real estate company UOL Group, Kheng Leong Co. (the investment auto of billionaire Wee Cho Yaw) and Tokyo-based Orix Corp, the project is designed by Singaporean architect Chan Soo Khian, Japanese landscape architect and Zen monk Shunmyo Masuno and the late French interior designer Christian Liaigre, each recognized for their distinctive inputs to architecture and design.
Besides its prestigious locale and rarity, Nassim Park Residences has actually presented solid cost durability compared to other similar high-end properties in Areas 9 and 10, claims its exclusive marketing agent, Betty Chandra from OrangeTee & Tie. “It is interesting to indicate that there is a relatively higher percentage of local versus foreigner possession at Nassim Park Residences, contrasted to other deluxe properties in Areas 9 and 10,” states Chandra.
A prime 3,466 sq ft four-bedroom en suite unit has actually been offered with an overview cost of approximately S$ 5000psf. It is placed in the corner stack of the raised block that has actually not viewed any resale transaction since the condo’s TOP in 2011, making it incredibly rare.
