Prime luxury residence on Nassim Road for sale – A tranquil Sanctuary and a lasting legacy
Property financial investment in Singapore is closely connected to our collectivist culture and heritage planning. Local capitalists tend to hold these properties for the long term, making them less vulnerable to policy changes and resale volatility, she adds.
The condominium premises are a peaceful private retreat adorned by Zen-inspired landscaping, communicating the principles of waseikeijyaju– harmony, respect, filtration and tranquillity. Enhancing the theme is a clubhouse presenting a health club, yoga and health spa centers and a large lounge for organizing private gatherings and occasions, together with a swimming pool, jacuzzi and playground.
Nassim Park Residences, an ultra-luxurious property condominium, 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 story of almost 250,000 sq ft.
8@BT Bukit Sembawang Estates Limited
Besides its respected place and rarity, Nassim Park Residences has displayed solid cost strength compared to other similar premium properties in Areas 9 and 10, claims its exclusive marketing agent, Betty Chandra from OrangeTee & Tie. “It is interesting to note that there is a reasonably higher ratio of local versus immigrant ownership at Nassim Park Residences, compared to other luxury projects in Areas 9 and 10,” says Chandra.
Continued viewed as the peak of reputation and legacy wealth, Nassim Road is dwelling to some of the nation’s most distinct properties, from Good Class Bungalows (GCBs) to lavish apartments. Its distance to Orchard Road, Singapore’s premier 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.
In addition, the ordinary cost trends of Nassim Park Residences also revealed stronger development over the previous 7 years, compared with 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 legacy home for high-net-worth individuals.
A top 3,466 sq ft four-bedroom en suite unit has been offered with an overview rate of approximately S$ 5000psf. It is positioned in the corner stack of the elevated block that has actually not viewed any resale transaction ever since the condo’s TOP in 2011, making it remarkably rare.
Large-format deluxe homes such as this have commonly been favoured by foreigners and long-term homeowners due to limitations on buying landed estates. Though the amount of international purchasers has dropped following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties continues to be strong. These residences are increasingly popular with Singaporeans, much of whom are choosing them over ground homes. Chandra adds that she has actually recently completed purchases on various other large apartments, valued in between $7.5 million and $16 million, purchased by Singaporean families for their very own usage.
Developed 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 created 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.
Accessed using a private lift, this pristine and meticulously maintained luxury property remains in superb move-in condition. A striking main foyer, clad in cozy wood panelling, moves into roomy, airy living and dining areas. The apartment additionally includes a glimmering reflective pool with timber decking on the northeast-facing canopied terrace, extending the living space and making it ideal for entertaining. Apart from the generous living space, there are 4 lavish ensuite bed rooms, a studying room, premium and asian kitchen and a utility location.
Given the rarity and the large Freehold grounds, this prime and spotless residence is an outstanding selection for those seeking fine-tuned, serene living, wealth conservation, and a legacy asset to be treasured for years.
The feeling of deluxe at Nassim Park Residences stretches well past the apartment and its rich, manicured grounds. Driving home along the tree-lined Nassim Road seems like a come back to a timeless refuge.
