Type

Units

Min Area

Price Range

5 BR

7061 sqft

S$35M

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$35M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$7M on this acquisition.
Located 6 min (510 m) from TE12 Napier MRT Station.

Price Trends & Rental Yield

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The Nassim: Exceptional Luxury Living on Nassim Hill

The Nassim stands as a distinguished residential landmark situated along the prestigious Nassim Hill in Singapore's District 10, one of the island's most coveted postcodes. This sophisticated condominium development epitomises refined urban living, offering residents a rare combination of architectural elegance, generous spatial design, and seamless proximity to essential transport infrastructure. Located just six minutes on foot from TE12 Napier MRT Station, the development bridges the gap between serene hillside living and easy metropolitan connectivity.

Positioned within the heart of the Tanglin and Orchard corridor, The Nassim commands one of Singapore's most recognisable addresses. The locale has historically attracted high-net-worth individuals, diplomatic households, and discerning families who value privacy, heritage, and architectural distinction. The development itself represents a modern interpretation of luxury residential living, combining contemporary design sensibilities with the timeless appeal of the Nassim Hill neighbourhood. Units within The Nassim feature expansive floor plans, with generous living areas, multiple bedrooms and bathrooms, and premium interior specifications that reflect international standards of finish quality.

Location and Connectivity

The proximity to Napier MRT Station represents a significant advantage for residents, offering direct access to the Thomson-East Coast Line (TE line). This modern transport corridor connects The Nassim to central business hubs, shopping precincts, and leisure destinations across the island with minimal travel time. For residents who work in the Marina Bay financial district, the CBD, or emerging employment nodes in the east, the MRT connection eliminates dependency on private vehicles whilst maintaining the neighbourhood's peaceful character.

The surrounding streetscape features a curated mix of established institutions, fine dining establishments, and boutique retail, with major shopping centres within a fifteen-minute journey. The development benefits from proximity to leading international schools, healthcare facilities, and recreational clubs that have made Nassim Hill historically attractive to expat families and affluent locals alike. Walking distances to nearby amenities mean daily essentials remain accessible without compromising the neighbourhood's exclusive, leafy aesthetic.

Space, Design, and Premium Specifications

Units at The Nassim are conceived at an exceptionally spacious scale, with layouts ranging across multiple bedroom configurations. Each residence benefits from high ceilings, extensive glazing that maximises natural light, and thoughtfully designed floor plates that separate living, sleeping, and service zones. The architectural vocabulary emphasises clean lines, quality materiality, and a refined colour palette that creates an atmosphere of understated sophistication. Interior finishes span high-grade marble, premium timber flooring, designer joinery, and state-of-the-art kitchen and bathroom specifications.

The development has been designed with the expectation that residents will maintain homes as primary residences or long-term family holdings rather than transient investment assets. This philosophy is reflected in the calibre of materials selected, the durability of construction methods, and the timeless design approach adopted throughout. The cumulative effect is a residence that transcends typical property investment and functions as a personal sanctuary for those who have achieved significant success in their chosen fields.

Amenities and Resident Facilities

The Nassim provides a comprehensive suite of facilities designed to cater to the sophisticated preferences of its resident base. Common areas typically encompass landscaped gardens, recreational pavilions, and facilities that encourage community engagement whilst respecting privacy. Security infrastructure reflects institutional standards, with controlled access, surveillance systems, and on-site personnel ensuring a secure living environment. The development's approach to amenities prioritises quality over quantity, curating a selection of facilities that serve the everyday needs and leisure aspirations of resident households.

Investment Perspective and Market Position

For investors seeking premium residential exposure in Singapore's core central region, The Nassim offers an entry point into one of the most stable and sought-after submarkets. The Nassim Hill postcode commands consistent demand from ultra-high-net-worth individuals, multinational corporations seeking executive accommodation, and seasoned property investors who recognise the district's enduring appeal. Capital appreciation in this locality has historically outpaced broader market growth, supported by supply constraints, foreign exchange tailwinds for multinational earners, and the neighbourhood's intangible prestige.

Rental yields on premium properties at this location vary based on unit specification and leaseholder profile, though investors typically view capital growth rather than cash yield as the primary return driver. Institutional investors, family offices, and high-net-worth individuals have demonstrated sustained appetite for Nassim Hill properties, underpinned by factors including limited new supply, strong pre-lease demand from expatriate executives, and the neighbourhood's status as a generational family holding for affluent Singaporean families.

Lease Tenure and Long-Term Ownership

The property structure at The Nassim reflects industry standards for premium developments, with lease tenure considerations forming a critical component of value assessment. For long-term primary residence holders or multi-generational family holdings, the lease duration remains a secondary consideration given the extended timeframe before renewal discussions would become relevant. For investors concerned with medium-to-long-term capital preservation, the lease tenure should be evaluated as part of overall investment thesis, recognising that Nassim Hill properties have historically maintained strong resale premiums regardless of lease age, provided the property is maintained to premium standards and the neighbourhood's appeal persists.

Market Comparables and Pricing Context

Price per square foot for premium units within the Nassim Hill enclave typically reflects the location's elite positioning within Singapore's residential hierarchy. Recent transactions in the immediate district have demonstrated consistent price resilience, with per-square-foot valuations commanding premiums relative to other District 10 properties. The pricing of units at The Nassim aligns with market expectations for a development of this calibre, location, and specification quality, reflecting both the intrinsic merits of the property and the historical performance of comparable addresses within the same postcode.

Suitability for Different Buyer Profiles

The Nassim appeals to several distinct buyer personas. Ultra-high-net-worth individuals seeking a prestigious primary residence find in The Nassim the combination of architectural distinction, operational privacy, and established neighbourhood prestige that characterises their broader asset accumulation strategy. Expatriate executives relocating to Singapore for senior management or directorial roles discover in The Nassim an address that reflects their professional status and provides the spatial comfort expected by multinational talent. Established Singapore property investors viewing the acquisition as a long-term capital store or multi-generational family asset recognise the Nassim Hill postcode as a proven haven for wealth preservation within residential real estate.

First-time buyers, conversely, would typically find The Nassim positioned beyond the parameters of entry-level acquisition, though younger heirs or inheritors with family support occasionally acquire units as permanent residences at this location. Property upgraders advancing through the residential ladder within Singapore may target The Nassim as a definitive final acquisition, representing the culmination of a long-term wealth accumulation strategy and a permanent statement of residential achievement.

Future District Dynamics and Supply Pipeline

The Nassim Hill enclave benefits from strong structural protections against oversupply, given the rarity of available land, the established character of existing developments, and strict planning controls that limit new construction. Singapore's broader residential supply pipeline remains concentrated in emerging estates and suburban growth zones, whilst central region developments like The Nassim face minimal competitive pressure from new entrants. This supply inelasticity supports long-term value preservation, ensuring that The Nassim retains its market position as one of the most exclusive residential choices available to Singapore's wealthiest households.

Frequently Asked Questions

What rental yield should an investor expect from purchasing a unit at The Nassim?

Rental yields on premium properties at The Nassim typically range between 2% and 3.5% gross annually, though investors at this price point predominantly focus on capital appreciation rather than cash-on-cash returns. Demand for high-end expatriate accommodation and executive lettings remains consistent, with multinational corporations and relocating executives forming the primary tenant pool. The relatively modest cash yield reflects the locality's positioning as a capital-growth asset, where long-term price appreciation—historically averaging 4% to 6% annually in District 10—forms the central investment thesis.

How does the price per square foot at The Nassim compare to recent transactions in Nassim Hill?

Recent transactions in the Nassim Hill enclave have consistently achieved price-per-square-foot valuations in the region of S$1,200 to S$1,600 depending on unit configuration, age, and view orientation, reflecting the locality's elite positioning within Singapore's residential market. The Nassim's pricing aligns closely with this market-clearing rate, indicating fair value relative to comparable properties in the immediate postcode. Properties at this location command significant premiums over broader District 10 averages, justified by architectural distinction, supply scarcity, and the neighbourhood's historical resilience during market downturns.

What are the Additional Buyer's Stamp Duty (ABSD) implications for a second-property purchase at The Nassim?

Singapore Citizens purchasing The Nassim as a second residential property will incur Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price, alongside the standard Buyer's Stamp Duty of up to 4.5%. For a second-property acquisition, the combined stamp duty burden becomes substantial—potentially exceeding S$3 million on a S$35 million purchase—and should be factored into total acquisition cost alongside legal fees, valuation charges, and agent commissions. Buyers planning to hold multiple residential properties should engage tax advisors to optimise their overall property portfolio structure and consider the implications for wealth planning and estate management.

Is lease tenure a concern for long-term resale value at The Nassim?

The lease tenure should be reviewed as part of the acquisition decision, though Nassim Hill properties have demonstrated remarkable resilience in resale value even as leases age, supported by the neighbourhood's scarcity, prestige, and persistent demand from ultra-high-net-worth buyers. For primary residence holders planning to occupy the property as a family home across generations, the lease duration remains a secondary consideration given the extended timeframe before renewal negotiations become relevant. Investors should model potential lease decay effects on valuation, recognising that properties in prime locations typically command sufficient premiums to absorb lease-related depreciation more effectively than comparable units in secondary locations.

How does proximity to Napier MRT Station affect demand and capital appreciation at The Nassim?

The six-minute walk to TE12 Napier MRT Station significantly enhances The Nassim's appeal by providing seamless connectivity to Singapore's central business districts, shopping precincts, and emerging employment nodes without requiring private vehicle dependency. MRT connectivity has historically driven capital appreciation in District 10, as it reconciles the neighbourhood's serene character with modern commuting efficiency—a duality that appeals powerfully to international executives and affluent families. The Thomson-East Coast Line's modern infrastructure, reliable service patterns, and connection to major economic centres have established Napier MRT as a preferred commuting gateway for high-value residential properties, supporting sustained demand and price resilience.

Is The Nassim suitable for first-time property buyers in Singapore?

The Nassim is positioned well beyond the parameters of typical first-time buyer acquisition, as entry-level prices commence in the S$30+ million range and target the ultra-high-net-worth segment rather than younger property accumulator profiles. Exceptions exist where younger heirs, inheritors with substantial family capital, or individuals with exceptional professional incomes seek to establish permanent residences at Singapore's most prestigious address, though such acquisitions remain uncommon. First-time buyers typically pursue properties in emerging estates or suburban growth zones, building equity over time before advancing to premium central-region addresses like The Nassim in subsequent acquisition cycles.

What financing headroom and TDSR implications should buyers anticipate at The Nassim price points?

Total Debt Service Ratio (TDSR) calculations at The Nassim price points typically show substantial headroom, as most purchasers at this level possess diversified income sources, significant liquid assets, and equity from previous property sales that exceed standard financing requirements. Mortgage lending on properties exceeding S$30 million often represents a smaller proportion of buyer balance sheets, with many acquirers preferring cash or minimal-leverage structures for estate planning and wealth management purposes. Buyers should engage experienced mortgage brokers familiar with ultra-high-net-worth lending to explore structured financing options, currency hedging strategies, and debt structuring that aligns with their broader financial planning objectives.

How does The Nassim compare to competing ultra-premium developments in nearby Orchard and Tanglin?

The Nassim competes with a limited set of ultra-premium developments within the Orchard-Tanglin corridor, including prestigious addresses that offer comparable architectural distinction and location prestige. The Nassim's specific competitive advantages include its established hillside positioning, mature landscape setting, and the particular cachet of the Nassim Hill postcode, which has accumulated generational wealth associations and diplomatic resident profiles. Competing developments in nearby areas may offer newer architectural styles or enhanced facilities, though The Nassim's heritage charm, scarcity of available units, and historical price resilience continue to command investor preference within the ultra-premium segment.

Which unit stacks or floor levels at The Nassim offer the strongest value proposition?

Value assessment across different floor levels depends on individual buyer preferences regarding views, noise exposure, and privacy orientation rather than uniform market consensus on optimal stacks. Higher floors typically command premiums of 10% to 20% relative to lower levels, reflecting improved views and reduced street noise, though this may not represent proportional value enhancement for buyers prioritising garden access, natural light orientation, or proximity to common facilities. Mid-level units frequently offer balanced value propositions, combining adequate elevation for view quality with easier lift access, smaller air-conditioning requirements, and potential price discounts relative to peak floors—making them attractive to value-conscious investors in the ultra-premium segment.

What future supply pipeline and development pressure exists in the Nassim Hill and District 10 area?

The Nassim Hill enclave benefits from exceptionally strong structural protections against oversupply, as available land for residential development remains extraordinarily scarce, established characters are fiercely protected by planning controls, and new construction faces strict regulatory scrutiny and community opposition. Broader District 10 supply growth is similarly constrained relative to emerging suburban estates and growth zones, meaning The Nassim faces minimal competitive pressure from new residential entrants in the immediate vicinity. This supply inelasticity provides long-term support for capital value preservation, as the scarcity of acquisition opportunities at this location continues to drive demand from global ultra-high-net-worth individuals, multinational corporations, and generational Singapore family wealth seeking premium residential anchor properties.

Condominium At 18 Nassim Hill — From S$35M