Tag Archives: Nassim Park Residences

FOR SALE : Nassim Park Residences

Nassim Park Residences

Nassim Park Residences

For priority preview, please contact LUXE Group at 6100-4663.

A place perfectly poised between the distractions of the city and acres of green garden space. Between sun-bright light and cool, calm shadow. Between the absolute heights of luxurious style, and the deepest yearning for privacy and comfort.

There are moments in time when people and circumstances conspire to create something extraordinary. Nothing could be more true of this than Nassim Park, a unique brand of city living made possible through the collaboration of three internationally acclaimed creative minds: Singapore-based architect Chan Soo Khian, Japanese landscape architect Shunmyo Masuno, and French interior designer Chritian Liaigre.

Renowned for being at the forefront of their crafts, each has left his inimitable imprint, yet in collection harmony to create a level of style and luxury not witnessed before. Quality of life and a timeless style in the context of modern living are infused with fresh meaning.

At its enviable location between Orchard Road and the Singapore Botanic Gardens, in Singapore’s most desirable neighbourhood, Nassim Park has all the markings of Singapore’s most coveted address. Welcome a new way to live. A new way to experience the cosmopolitan with a sense of calm.

“ I wanted to build a place that would seamlessly intergrate the space, views, style and all the other components of a luxury residence, while creating a sense of how perfectly natural the place feels within its surroundings “ – Chan Soo Khian

An antidote to the chaotic energy of the city, the entrance courtyard is designed in harmony and with respect for all things… nature, the future, you. Rest your gaze upon the serene beauty of the hand-carved Japanese rocks, each personally chosen by Masuno to evoke harmony within you and the environment.

Chan Soo Khian’s distinctive reinterpretation of his trademark contemporary tropical style is designed with respect to the landscape and climate. Three-dimensional planes of glass, banded travertine walls, and metal and timber louvers give rise to sleek, crisp lines – a contrast to the irregular contours of the natural surroundings. The result is a stunning composition that looks and feels in complete balance, capturing the essence of an exceptional lifestsyle.

When your living spaces are as open and panoramic as your views, when nature blossoms around your home, when the distance from your armchair to your resort-like private pool is effortlessly near, it’s easy to forget that you are living almost in the centre of the bustling city.

The exclusive two-storey clubhouse is an extension of your home that expands the way you live. Its collection of large and intimate spaces – lounge, library, gym, yoga room, spa, steam room – provides a stylish environment for your active, leisure and social pursuits. Embrace the versatility and ambience of the clubhouse lounge for your private occasions, from cocktail parties to formal catered affairs. And thanks to the glass-walled design of the clubhouse, enjoy spectacular views from every angle, overlooking the gardens and pool.

But what’s space without service? Whether you need flowers to be ordered or dinner reservations made, personalised concierge and housekeeping services are available at your beck and call.

“There is a coexistence of architecture and respect for nature in Singapore, which has something in common with traditional Japanese gardens. I tried to create space that connects with the botanic gardens and the city. I express the large differences in elevation of Nassin Park through features such as undulations, appreciative walls and use of lots of water. — Shunmyo Masuno

Central to Shunmyo Masuno’s landscape design is the Zen tradition of balancing harmony, purification, respect and tranquillity. The carefully considered arrangement of every natural element – rocks, plants, trees, water – is a spiritual expression that connects beauty, warmth, culture and nature’s seasonal cycles. Beyond bringing pleasure to the eyes, the garden has a soulful purpose, the harmony you feel within it simultaneously calming and re-energising your spirit.

One of Nassim Park’s most delightful secrets is a private tree-lined path that offers a scenic shortcut towards the city. You don’t need to be heading anywhere though to simply enjoy this beautiful gardenscape and its hidden treasure that includes a tree house.

“There are very few towns in the world that are as close to nature as Singapore, this urban jungle gives a feeling of calm and stability, in particular, the nassim area, instinctively it is this thread of philosophy that enables us to develop the interior of this prestigious project.” —- Christian Liaigre
Understatement and simplicity threaded with a touch of poetry. This is the essence of Christian Liaigre’s signature style that works its magic on the interior living spaces. His intention is to create beautifully concise spaces that calm the mind and soothe the senses, blending accents of modern living with a timeless aspect. Besides perfectionist attention to detail, Liaigre expresses the tropical environment to its best effect with specially crafted screens that create a play of shifting light and moods.

Every home features an assortment of spaces designed for living in exceptional style – lavishly spacious master bedroom suite, his and hers bathrooms appointed with the finest Dornbracht fittings, and Italian luxury kitchen by Boffi complemented by the latest range of Miele appliances.

Nassim Park lies in a prestigious neighbourhood that really needs no introduction. Surrounded by green views. Blessed with a multitude of lifestyle privileges conveniently close by. In fact, central to everything you can imagine that gives life in the city quality and balance.

Nassim Park is the culmination of superlatives on every level to bring fruition a phenomenal quality of life. A project jointly developed by three leading organisations in Asia – UOL Group and Kheng Leong Company, and Orix Corporation of Japan. A creative team that brings together three of today’s most remarkable talents. And top-of-the-range lifestyle brands – Boffi, Miele, Dornbracht, Lutron – that are synonymous the world over with outstanding style and uncompromising quality. A home that makes room for nothing less than the best.

Nassim Park Residences: Wee family goes condo-shopping

Nassim Park Residences: Wee family goes condo-shopping

Its members pick up three units in Nassim Park Residences for $40m

MEMBERS of the Wee family have bought three units at Nassim Park Residences near Botanic Gardens for a total of nearly $40 million, a filing by UOL Group to Singapore Exchange (SGX) on Wednesday shows.

Wee Ee Cheong, CEO of United Overseas Bank and son of UOL chairman and controlling shareholder Wee Cho Yaw, picked up a penthouse for $18.33 million or $2,670 per square foot (psf).

Two of his siblings bought a sky unit each in the five-storey freehold condo at about $10.6 million each. Wee Ee Chao, who sits on the UOL board, bought a unit with his wife Jennifer for $3,308 psf, while his sister Wei Chi snapped up a unit for herself for $3,293 psf.

The SGX filing also showed that UOL director Alan Choe’s son Jonathan, through his company Montgomery Hills, bought a ground-floor unit, that comes with its own pool, for nearly $11.5 million or $2,513 psf.

Buyers of the four units received a special 2 per cent discount. More than 40 units have been sold in the development, which has a total 100 units, since its preview began the week of Vesak Day.

The average price achieved is said to be somewhere in the $3,000-$3,200 psf band, although analysts expect the developer to raise prices slightly when the project is officially launched next week. The project is being marketed by CB Richard Ellis and Savills.

The units in the development are priced at $10 million and above, with each having at least four bedrooms.

Nassim Park Residences has drawn a good mix of local and foreign buyers, and market watchers attribute its encouraging take-up to its ‘reasonable pricing’.

‘Had this project been launched a year ago, it could have been priced in the mid to high-$3,000 psf range, on average,’ a market watcher said.

UOL is developing Nassim Park Residences jointly with Kheng Leong group (a privately owned vehicle of the Wee family) and Japan’s Orix Corporation, on the former Nassim Park condo site that UOL bought in August 2006 for $380 million.

Its land cost worked out to about $1,131 psf of potential gross floor area inclusive of an estimated development charge of $8 million at the time. The breakeven cost then for a new development on the site was estimated at $1,600-1,700 psf.

UOL has also sold over 40 units of its 88-unit Breeze by the East condo along Upper East Coast Road near The Bayshore since it began selling the project around mid-April.

The five-storey freehold project was initially priced at about $950 psf on average, but this has since been raised to $980 psf, BT understands.

Even so, the pricing is considered attractive compared with the $1,600-$1,700 psf average price that Tiong Aik picked for its 20-storey freehold Parc Seabreeze in the Marine Parade/Joo Chiat area in early May.

Tiong Aik has since withdrawn the project from the market.

Nassim Park Residences

Nassim park residences

A place perfectly poised between the distractions of the city and acres of green garden space. Between sun-bright light and cool, calm shadow. Between the absolute heights of luxurious style, and the deepest yearning for privacy and comfort.

There are moments in time when people and circumstances conspire to create something extraordinary. Nothing could be more true of this than Nassim Park, a unique brand of city living made possible through the collaboration of three internationally acclaimed creative minds: Singapore-based architect Chan Soo Khian, Japanese landscape architect Shunmyo Masuno, and French interior designer Chritian Liaigre.

Renowned for being at the forefront of their crafts, each has left his inimitable imprint, yet in collection harmony to create a level of style and luxury not witnessed before. Quality of life and a timeless style in the context of modern living are infused with fresh meaning.

Nassim park residences private pool

At its enviable location between Orchard Road and the Singapore Botanic Gardens, in Singapore’s most desirable neighbourhood, Nassim Park has all the markings of Singapore’s most coveted address. Welcome a new way to live. A new way to experience the cosmopolitan with a sense of calm.

“ I wanted to build a place that would seamlessly intergrate the space, views, style and all the other components of a luxury residence, while creating a sense of how perfectly natural the place feels within its surroundings “ – Chan Soo Khian

Nassim park residences interior

An antidote to the chaotic energy of the city, the entrance courtyard is designed in harmony and with respect for all things… nature, the future, you. Rest your gaze upon the serene beauty of the hand-carved Japanese rocks, each personally chosen by Masuno to evoke harmony within you and the environment.
Chan Soo Khian’s distinctive reinterpretation of his trademark contemporary tropical style is designed with respect to the landscape and climate. Three-dimensional planes of glass, banded travertine walls, and metal and timber louvers give rise to sleek, crisp lines – a contrast to the irregular contours of the natural surroundings. The result is a stunning composition that looks and feels in complete balance, capturing the essence of an exceptional lifestsyle.

Nassim park residences kitchen

When your living spaces are as open and panoramic as your views, when nature blossoms around your home, when the distance from your armchair to your resort-like private pool is effortlessly near, it’s easy to forget that you are living almost in the centre of the bustling city.

The exclusive two-storey clubhouse is an extension of your home that expands the way you live. Its collection of large and intimate spaces – lounge, library, gym, yoga room, spa, steam room – provides a stylish environment for your active, leisure and social pursuits. Embrace the versatility and ambience of the clubhouse lounge for your private occasions, from cocktail parties to formal catered affairs. And thanks to the glass-walled design of the clubhouse, enjoy spectacular views from every angle, overlooking the gardens and pool.

But what’s space without service? Whether you need flowers to be ordered or dinner reservations made, personalised concierge and housekeeping services are available at your beck and call.

Nassim park residences clubhouse

“There is a coexistence of architecture and respect for nature in Singapore, which has something in common with traditional Japanese gardens. I tried to create space that connects with the botanic gardens and the city. I express the large differences in elevation of Nassin Park through features such as undulations, appreciative walls and use of lots of water. — Shunmyo Masuno

Central to Shunmyo Masuno’s landscape design is the Zen tradition of balancing harmony, purification, respect and tranquillity. The carefully considered arrangement of every natural element – rocks, plants, trees, water – is a spiritual expression that connects beauty, warmth, culture and nature’s seasonal cycles. Beyond bringing pleasure to the eyes, the garden has a soulful purpose, the harmony you feel within it simultaneously calming and re-energising your spirit.

One of Nassim Park’s most delightful secrets is a private tree-lined path that offers a scenic shortcut towards the city. You don’t need to be heading anywhere though to simply enjoy this beautiful gardenscape and its hidden treasure that includes a tree house.

Nassim park residences duplex penthouse

“There are very few towns in the world that are as close to nature as Singapore, this urban jungle gives a feeling of calm and stability, in particular, the nassim area, instinctively it is this thread of philosophy that enables us to develop the interior of this prestigious project.” —- Christian Liaigre

Understatement and simplicity threaded with a touch of poetry. This is the essence of Christian Liaigre’s signature style that works its magic on the interior living spaces. His intention is to create beautifully concise spaces that calm the mind and soothe the senses, blending accents of modern living with a timeless aspect. Besides perfectionist attention to detail, Liaigre expresses the tropical environment to its best effect with specially crafted screens that create a play of shifting light and moods.

Every home features an assortment of spaces designed for living in exceptional style – lavishly spacious master bedroom suite, his and hers bathrooms appointed with the finest Dornbracht fittings, and Italian luxury kitchen by Boffi complemented by the latest range of Miele appliances

Nassim park residences Entrance Courtyard

Nassim Park lies in a prestigious neighbourhood that really needs no introduction. Surrounded by green views. Blessed with a multitude of lifestyle privileges conveniently close by. In fact, central to everything you can imagine that gives life in the city quality and balance.

Nassim Park is the culmination of superlatives on every level to bring fruition a phenomenal quality of life. A project jointly developed by three leading organisations in Asia – UOL Group and Kheng Leong Company, and Orix Corporation of Japan. A creative team that brings together three of today’s most remarkable talents. And top-of-the-range lifestyle brands – Boffi, Miele, Dornbracht, Lutron – that are synonymous the world over with outstanding style and uncompromising quality. A home that makes room for nothing less than the best.

Nassim park residences landscape

Sharp fall in private home sales

Sep 15, 2008
Sharp fall in pvt home sales
Only 320 units sold, compared to 897 in July.

SALES of new private homes took a big hit in August month as the period coincided with the Chinese Hungry Ghost month, which is considered inauspicious for making property purchases.
Developers sold only 320 units last month, about a third of the 897 units they sold in July.

This was partly because they also held back on launches, releasing only 194 new homes for sale, a fraction of the 1,322 homes launched in July.

Best-selling projects in the month included boutique condominium Urban Lofts in Rangoon Road, which sold all 46 units at a median price of $1,033 per sq ft (psf), Beacon Heights in St Michael’s Road, which sold 34 units at a median $917 psf; and mass market development Livia in Pasir Ris, where 32 units were sold at a median $659 psf.

High-end developments also put on a better showing last month. Nassim Park Residences in prestigious Nassim Road sold another eight units at a median price of $3,349 psf, while SC Global’s industrial-chic Martin No. 38 in Martin Road had 29 units sold at a median $1,970 psf.

Super luxury apartments still shine in dull market

Nassim Park Residences - Singapore brand new freehold super luxury homes

Nassim Park Residences - Singapore brand new freehold super luxury homes

Apartments above $10m still shine in dull market
In the landed sector, demand for GCBs remains strong, says CBRE

The high-end residential sector has been largely subdued in 2008, but at least 50 luxury apartments costing above $10 million each have been sold so far this year. And the tally for the full year, according to property consultant CB Richard Ellis (CBRE), is expected to come in at about 70 to 100 units.

This will be lower than the 139 such units sold for the whole of 2007, but still significantly higher than the 2006 full-year figure of 23 units, CBRE’s research shows.

Putting things in perspective, CBRE Singapore’s managing director Pauline Goh says: ‘One point to note is that luxury home prices in 2006 were lower than in 2007. Hence, fewer units would have touched the $10 million mark back in 2006. There was also a smaller supply of upscale developments with big units back then compared with 2007 and H1 2008.’

The 50-odd luxury apartments costing above $10 million each sold so far this year are the tally at June 17 and include not just units sold at Nassim Park Residences, which was previewed in May, but also a unit each transacted at Cliveden at Grange, The Tomlinson, The Grange and The Orange Grove condos.

BT understands that the highest-priced transaction so far this year is a $19.7 million ground-floor unit sold at Nassim Park Residences.

In the landed sector, a total of 23 Good Class Bungalows (GCBs) have changed hands so far this year for a total of $380 million.

‘We’re quite confident that at least 50 to 60 GCBs will be sold for the whole of 2008. Demand will continue to be strong from Singaporeans as well as PRs, but deals are limited by availability of GCB stock,’ Ms Goh predicts.

Last year, a total of 87 GCB deals totalling $1.15 billion were sealed, against the record 119 transactions worth $1.23 billion in 2006.

As for the outlook for luxury apartment sales, Ms Goh says: ‘Singapore has a lot going for it; the government has put in so much effort to build Singapore into a global city. We’ll have the integrated resorts, special events like Youth Olympic Games and F1 night race. Singapore is on the radar screens of a lot of international investors. However, the flow of bad news from the US has to stabilise before confidence returns.

‘On the other hand, as Nassim Park Residences shows, if the product is right, there can be very, very strong demand. The project is in a very niche location; arguably the best luxury location in Singapore.’

Market watchers say the volume of transactions for apartments costing more than $10 million for the rest of 2008 will depend partly on when developers release new prime-district condos and their strategy on the mix of unit sizes.

Developers have tended to veer towards bigger units in the past couple of years but some analysts say some developers are now considering changing tack for upcoming projects. These developers are wondering whether it will make more sense now to have a higher proportion of smaller units – given weaker sentiment.

‘The idea is to make the absolute price quantums smaller, say $3-5 million per apartment, which will mean a bigger pool of buyers, compared with having a lot of biggish units in a project costing, say, above $10 million,’ an analyst says.

Source : Business Times – 19 Jun 2008