Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
A prime 3,466 sq ft four-bedroom en suite unit has actually been put up for sale with an overview cost of approximately S$ 5000psf. It is placed in the edge stack of the high block that has actually not seen any resale transaction ever since the condominium’s TOP in 2011, making it incredibly unusual.
Long seen as the pinnacle of status and heritage riches, Nassim Road is dwelling to some of the nation’s most exclusive properties, from Good Class Bungalows (GCBs) to first-class apartments. 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 top international institutions makes it highly sought by the affluent both local and abroad.
Offered the rarity and the large Freehold premises, this prime and spotless residence is an outstanding option for those looking for refined, peaceful living, riches conservation, and a legacy asset to be valued for generations.
The apartment grounds are a tranquil private retreat adorned by Zen-inspired landscaping, communicating the principles of waseikeijyaju– harmony, respect, filtration and tranquillity. Matching the theme is a clubhouse offering a health club, yoga and health spa centers and a spacious lounge for hosting exclusive gatherings and occasions, along with a swimming pool, jacuzzi and play area.
Large-format deluxe homes such as this have actually generally been favoured by immigrants and irreversible locals due to constraints on buying landed real estates. Even though the quantity of overseas buyers has actually dropped following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties continues to be strong. These residences are considerably well-liked with Singaporeans, much of whom are choosing them over landed homes. Chandra adds that she has just recently finished transactions on various other large apartments, priced between $7.5 million and $16 million, acquired by Singaporean families for their own use.
Created by a consortium consisting of Singapore-listed real property company 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 appreciated for their distinctive contributions to architecture and design.
Accessed through a personal lift, this pristine and meticulously kept luxury apartment is in excellent move-in condition. A striking major foyer, clad in cozy wood panelling, streams into spacious, airy living and dining areas. The flat likewise features a glimmering reflective swimming pool with timber decking on the northeast-facing canopied terrace, expanding the living space and making it ideal for entertaining. Apart from the generous home, there are 4 lavish ensuite rooms, a studying space, fine and asian cooking area and a utility location.
On top of that, the typical cost trends of Nassim Park Residences additionally showed stronger development over the previous seven years, compared to various other similar-sized real estates in the Central Core Region (CCR) in addition to in Districts 9 and 10, making it a compelling choice as a legacy home for high-net-worth individuals.
Bloomsbury Residences condominium
Nassim Park Residences, an ultra-luxurious property residence, is located on Nassim Road in prime District 10. It consists of 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 nearly 250,000 sq ft.
The sense of luxury at Nassim Park Residences expands well beyond the apartment and its rich, manicured premises. Driving home along the tree-lined Nassim Road feels like a return to a classic sanctuary.
Besides its distinguished location and rarity, Nassim Park Residences has presented solid cost durability compared to many other similar premium properties in Districts 9 and 10, claims its exclusive marketing broker, Betty Chandra from OrangeTee & Tie. “It is interesting to consider that there is a relatively greater percentage of local versus immigrant ownership at Nassim Park Residences, compared to other deluxe projects in Areas 9 and 10,” states Chandra.
Realty financial investment in Singapore is closely connected to our collectivist society and tradition preparation. Local investors have a tendency to hold these properties for the long term, making them much less susceptible to guideline changes and reselling volatility, she includes.
