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 investors have a tendency to hold these properties for the long-term, making them less vulnerable to policy alterations and resale volatility, she adds.
Accessed via a personal lift, this pristine and meticulously preserved luxury property remains in superb move-in condition. A striking major entrance hall, clad in warm wood panelling, streams right into spacious, ventilated living and dining spaces. The apartment likewise includes a glimmering reflective swimming pool with timber decking on the northeast-facing canopied balcony, extending the living space and making it ideal for entertaining. Apart from the generous living space, there are 4 luxurious ensuite rooms, a reading room, premium and asian kitchen and a utility location.
A prime 3,466 sq ft four-bedroom en suite unit has been offered with a guide price of around S$ 5000psf. It is placed in the corner stack of the high block that has actually not viewed any resale transaction since the condominium’s TOP in 2011, making it remarkably uncommon.
Created by a consortium consisting of Singapore-listed real property firm UOL Group, Kheng Leong Co. (the investment vehicle 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 decorator Christian Liaigre, each valued for their distinct contributions to architecture and design.
Additionally, the ordinary price trends of Nassim Park Residences likewise showed stronger development over the previous seven years, compared with other similar-sized real estates in the Central Core Region (CCR) along with in Districts 9 and 10, making it a compelling choice as a tradition home for high-net-worth individuals.
Long seen as the pinnacle of prestige and heritage wealth, Nassim Road is dwelling to several of the nation’s most distinct real estates, from Good Class Bungalows (GCBs) to first-class condos. Its closeness to Orchard Road, Singapore’s premier shopping belt, the Botanic Gardens, a Unesco World Heritage internet-site, the Central Business District, Marina Bay and leading international institutions makes it very sought by the affluent both local and abroad.
Given the rarity and the significant Property premises, this prime and immaculate home is an excellent selection for those seeking refined, serene living, wealth conservation, and a legacy asset to be cherished for years.
The condo grounds are a peaceful 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 fitness center, yoga exercise and spa centers and a large lounge for hosting exclusive celebrations and occasions, along with a pool, jacuzzi and play area.
The Arcady @ Boon Keng floor plan
Large-format deluxe homes such as this have actually traditionally been favoured by foreigners and permanent citizens as a result of constraints on acquiring landed properties. Although the number of foreign investors has decreased following recent Additional Buyer’s Stamp Duty (ABSD) hikes, interest in these properties remains strong. These apartments are significantly preferred with Singaporeans, many of whom are selecting them over ground homes. Chandra includes that she has lately finished purchases on other large apartments, valued in between $7.5 million and $16 million, bought by Singaporean families for their own usage.
Besides its respected area and rarity, Nassim Park Residences has shown solid price strength compared to other similar high-end properties in Areas 9 and 10, claims its exclusive promotion and marketing representative, Betty Chandra from OrangeTee & Tie. “It is interesting to note that there is a fairly greater ratio of local versus immigrant possession at Nassim Park Residences, contrasted to other deluxe projects in Areas 9 and 10,” says Chandra.
The sense of deluxe at Nassim Park Residences expands well beyond the apartment and its lavish, manicured premises. Driving home along the tree-lined Nassim Road seems like a come back to a timeless refuge.
Nassim Park Residences, an ultra-luxurious estate condo, is situated 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 nearly 250,000 sq ft.
