14 Nassim GCB collective sales by Shun Tak

14 Nassim Site

 

On June 13, Hong Kong-listed Shun Tak Holdings revealed that it had acquired two prime sites for a total of $593.5 million in Singapore. CBRE brokered all transactions.

One was Park House's en bloc acquisition for $375.5 million at 21 Orchard Boulevard, which converts into a record breaking price of $2,910 psf per plot ratio (ppr).

Under the 2014 Master Plan, the main, freehold location of 46,084 sq ft has a plot ratio of 2,8. With a gross floor area of 129,035 sq ft, the site can be restored into a luxury residential development. No fee for production is payable.

A record en bloc expense of $2,910 psf ppr (Credit: CBRE) was achieved by Park House.
Park House is a building of 60 houses, with 56 residences and four stores. A total payout of $6.1 million will be collected from each apartment owner, and each store owner will walk away with $8.1 million.

The second site at Nassim Road is Singapore's most desired address. It is a house on a 66,452 sq ft freehold property at 14 and 14A Nassim Lane, assumed to be the former residence of Siang Kuang, the private investment consultancy company of the Tan family. Hearsay is that Siang Kuang Avenue was named after the family, at MacPherson Lane, where an interim park now operates.

The house on Nassim Road 14 and 14A sits on a vast 66,452 sq ft, freehold property. The Nassim Road site has a plot ratio of 1.4 and can be redeveloped with a gross floor space of 93,033 sq ft into a modern luxury residential estate. The purchasing price is $218 million for the Nassim Road property. The volume, including the production fee, translates to $2,744 psf ppr.

According to Shun Tak, by introducing a residential dimension to the mix, the acquisitions would allow the company to boost its established hotel and commercial portfolio in Singapore. Our company has been diligently pursuing investment opportunities outside our home base in Greater China, and given its robust growth, Singapore is certainly one of our strategic focuses," said Pansy Ho, group executive chairman and managing director of Shun Tak." Incidentally, she is the daughter of 95-year-old Macau gaming tycoon Stanley Ho, who stepped down in June of last year as chairman of Shun Tak.

This new site at 14 nassim will be rebuild to Les Maisons Nassim.

Les Maisons Nassim Floor Plan

 

Les Masions Nassim Floor Plan

Spacious Layout with Luxury finishes are what you can be expecting at Les Maisons Nassim Singapore. With the full height window and balcony, residents can expect natural winds and brightness that flow right in every unit here. 

Branded Electrical Kitchen Appliances complete your perfect home as your wife cook your favourite dish in the evening as you head back home to enjoy this wonderful moment of dining with your family. 

Spacious living room ensure family moments is our top priority as you and your family gathers over TV or that bonding moment while admiring the scenery and lush greenery landscaping here at Les Maisons Nassim.

Les Maisons Nassim Showflat Preview

 

Les Maisons Nassim Showflat Preview
Do register for Les Maisons Nassim Condo Showflat Preview and be the first few to purchase your choice unit at the best price. 



Les Maisons Nassim Showflat Preview Registration


Les Maisons Nassim Showflat Preview

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Les Maisons Nassim

Les Maisons Nassim | Live on Nassim in Singapore District 10. A rare gem set in an exclusive Good Class Bungalows (GCBs) enclave where all the embassies, international hotels and cuisine and retail malls define Les Maisons Nassim as the abode only for the discerning and privileged.



A True Piece of Art. With its iconic and elegantly detailed architecture with full height windows, Les Maisons Nassim Condo is a development that one won't miss when traveling along Nassim Road. Its full height windows allow residents to have astounding views of the surrounding Nassim enclave in absolute privacy.



Welcome Home to Nassim. Whenever you head back to your condo, a journey of pleasure unfolds the moment you arrive at your Lobby. Here, development architecture blends in with nature harmoniously, paving the way to enjoying the communal facilities such as the lap pool, BBQ or simply laze by the pool deck is something you can look forward over the weekend.



Stay Connected with Nature. Nearby Botanic Gardens allow residents here to stay connected with nature with its lush greenery that is simply captivating. From sun rise to sun set, residents here can expect a serenity environment for everyone to grow as a family with a soothing experience.



Nearby Orchid Gardens, Keppel Discovery Wetlands, Shaw Symphony Stage further enhance the abundance of tropical treasures as one head for a morning stroll to experience surrounding nature.



Bespoke Brands. With an array of shopping malls at Orchard Shopping Belts, residents here at Les Maisons Nassim are well surrounded with bespoke luxury brands, fine dining and cafes where you can enjoy to the fullest. The best part? All these buzz and bustle are all within 5 minutes walk away.



Dempsey Hill is also nearby about 5 minutes drive away for those who wants a different kind of dining experience - Trendy restaurants and enchanting bistros with a list of mouth-watery delicatessens, yet away from the crowd.


Limited choice units only for the privilege few. If you like an address at this location to call Home, do RSVP here for showflat preview.



Les Maisons Nassim Location




Located at 14 Nassim Road in Singapore District 10, Les Maisons Nassim condo is well connected to few expressways such as AYE and PIE, allowing here to commute with easy to all parts of Singapore.



Residents here are well spoilt for choices as numerous amenities are located around this region at Nassim. Head for dining and cafes at Holland village, Dempsey Hill and Orchard Shopping Belts.


Residents here can looking forward to a tranquil and serene environment at Nassim road where all the embassies and Good Class Bungalows reside.



Parents can enroll their children to numerous popular school nearby such as ISS International School, Oversea Family School, Raffles Girls School, St James Kindergarten etc.



Les Maisons Nassim Specification




Project NameLes Maisons Nassim
Address:14 Nassim Road
District:10
Total UnitsTBA
DeveloperTBA
TenureFreehold
DescriptionTBA
Unit MixTBA








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