Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
Property investment in Singapore is very closely linked to our collectivist culture and legacy preparation. Local capitalists often tend to hold these properties for the long-term, making them less vulnerable to policy alterations and reselling volatility, she adds.
On top of that, the average rate patterns of Nassim Park Residences additionally showed stronger development over the previous 7 years, compared to 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 tradition home for high-net-worth individuals.
The condominium grounds are a peaceful exclusive retreat adorned by Zen-inspired landscaping, communicating the principles of waseikeijyaju– harmony, respect, purification and tranquillity. Matching the style is a clubhouse giving a fitness center, yoga exercise and health spa establishments and a sizable lounge for holding personal gatherings and events, together with a swimming pool, jacuzzi and play area.
Continued considered the peak of reputation and legacy riches, Nassim Road is dwelling to some of the nation’s most exclusive real estates, from Good Class Bungalows (GCBs) to luxurious condominiums. Its distance 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 schools makes it highly sought by the affluent both locally and abroad.
The feeling of deluxe at Nassim Park Residences expands well beyond the apartment and its lush, manicured grounds. Driving home along the tree-lined Nassim Road seems like a come back to a classic refuge.
Nassim Park Residences, an ultra-luxurious estate residence, 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.
Besides its prominent locale and rarity, Nassim Park Residences has shown solid price durability contrasted to many other similar premium properties in Areas 9 and 10, states its exclusive marketing broker, Betty Chandra from OrangeTee & Tie. “It is interesting to indicate that there is a fairly higher ratio of local versus foreigner ownership at Nassim Park Residences, compared to various other luxury properties in Districts 9 and 10,” says Chandra.
A top 3,466 sq ft four-bedroom en suite unit has been put up for sale with a guide price of approximately S$ 5000psf. It is positioned 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 especially rare.
Established by a consortium comprising 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 created 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 distinctive inputs to architecture and design.
Large-format deluxe homes such as this have traditionally been favoured by foreigners and long-term homeowners due to restrictions on purchasing landed real estates. Though the quantity of foreign buyers has dropped following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties stays strong. These residences are increasingly popular with Singaporeans, many of whom are selecting them over ground homes. Chandra includes that she has actually recently completed purchases on other large apartments, valued in between $7.5 million and $16 million, acquired by Singaporean families for their very own usage.
Provided the rarity and the sizeable Estate premises, this prime and spotless residence is a superb option for those seeking fine-tuned, peaceful living, riches preservation, and a legacy asset to be treasured for years.
Accessed via a personal lift, this pristine and meticulously kept luxury apartment remains in fantastic move-in condition. A striking primary entrance hall, clad in warm wood panelling, flows into sizable, ventilated living and dining spots. The apartment additionally includes a glimmering reflective swimming pool with timber outdoor decking on the northeast-facing covered veranda, prolonging the living space and making it ideal for entertaining. In addition to the generous home, there are 4 luxurious ensuite rooms, a reading area, fine and asian kitchen area and a utility location.
