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Nassim Park Residences

Nassim Road · District 10 · Core Central Region (CCR) · Freehold

Nassim Park Residences is a condominium development in District 10 (CCR). Based on 10 URA-recorded transactions from 20212026, its median price is $14,100,000, with prices moving about 1.8%/yr.

The verdict · for an investor

Nassim Park Residences · Condominium · District 10 · Freehold

For Nassim Park Residences, the headwinds outweigh — tread carefully.

A soft record and thin fundamentals — this one needs a specific reason to buy, not just a keen price.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 18 min on foot; 5 supermarkets, 4 food & retail spots nearby.
  • Rentablesteady rental demand.

And what makes it better

  • Every unit type has risen — 5-bed +9.1% since 2021.

What's holding it back

  • MRT is a real walk — Napier MRT, about 18 min.
  • No Primary-1 priority school within 1km.
  • The market's near the top of its cycle — mind your entry price.

Should I buy?

Real caveats to weigh

Only with a specific reason, not just a keen price.

Rental yield

no rent record yet

Priced vs nearby

Above 5 of 6

mid-priced for the immediate area.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$4,472/sqft
2 sold here

What 3,175 sqft (large / penthouse) units go for here

$13.35Mmiddle ~$14.20M$15.05M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 3,175 sqft sales

Jul 20243,175 sqft · fl 01-05$14.20M$4,472 psf
Jun 20223,175 sqft · fl 01-05$12.89M$4,059 psf
The rentWhat would it earn?

What it rents for — and if that works

Not yet renting here — so we’ve estimated from what comparable condos nearby rent for (~$5.53 psf/mo). Change it if you know better.

The rent you’d get

/mo
1.5% gross yield
Thina home to live in, not a rental earner — you're banking on price growth, not the rent. At a typical 75% loan, the rent covers ~35% of the mortgage — you’d top up ~$32,050/mo from your pocket.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$14.20M

Aim at the middle or below. A patient buyer has been getting closer to $13.70M.

If you’re selling

~$14.82M

List at the top of fair; realistic close is $14.20M–$14.37M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$16.97M
Paper gain+$2.77M

Our blunt read: ~$2.77M over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~1.8%/yr), and past pace never promises the future.

Built from URA transactions for Nassim Park Residences — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Nassim Park Residences

Core Central Region (CCR) · District 10 · ~$3,901 psf

own price

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For Nassim Park Residences, its own prices have been flat lately. Over a 4-year hold, expect sideways-to-modest — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is roughly even.

!

What it means for you: At ~$3,901 psf, Nassim Park Residences is priced a bit above similar new projects nearby (~35% up) — you're paying a premium. Its own prices are only creeping up (~1.8%/yr over ~5 years). You'd also be buying near the top of the cycle, so entry price matters. So — negotiate, don't overpay, and plan to hold past the 4-year stamp-duty window before selling.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (Nassim Park Residences)

Holds prices back

Nassim Park Residences's own prices have softened — about -13% in the latest year.

Your area vs the rest

Supports prices

The prime districts (CCR) lagged the others since 2004 — more room to catch up.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

About neutral

A moderate amount of new supply is coming to this district (~1,770 units).

1.8k units
New launches selling

Supports prices

New launches in this district are selling well — 7 recent ones are around 84% sold, so buyer demand here is healthy right now.

84% sold
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

Holds prices back

Foreign buying has collapsed since the 60% tax — only ~1.4% of buyers now. For the prime market you're looking at, that's a real missing piece of demand.

1.4% foreign
Rents (Singapore-wide)

About neutral

Rents across Singapore have flattened out lately.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$3,901 psf is ~35% above similar nearby projects (~$2,900). a bit high

(The whole prime average is ~$2,284 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

Nassim Park Residences has grown ~1.8%/yr over ~5 years. Similar nearby: Skye At Holland 0.1%, Leedon Green 0.1%, D'Leedon 4.3%, Upperhouse At Orchard Boulevard 6.8%, Hyll On Holland 2.3% — a 0.16.8%/yr spread (most around 2.3%).

market ~4.6%
Nassim 1.8%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Unlikely at this pace
Sell earliest (yr 4):at its own ~1.8%/yr, ~$4,190/sqft by year 4 — still short of $4,500.
Likely hits it:about year 9 at its own ~1.8%/yr pace.
Best case:if it ran like its best neighbour (Upperhouse At Orchard Boulevard, ~6.8%/yr), about year 3.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$14,100,000

2021–2026 (URA)

Appreciation

1.8%/yr

median trend

Gross yield

rental n/a

Lease

Freehold

Nassim Park Residences median price per sqft, by year

2021$3,577 psf
2022$3,835 psf+7.2%
2023$4,562 psf+19%
2024$4,472 psf-2%
2026$3,901 psf-12.8%

Median PSF of actual URA transactions each year, with year-on-year change.

Does Nassim Park Residences fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at Nassim Park Residences

Questions people ask about Nassim Park Residences

Is Nassim Park Residences freehold or leasehold?

Nassim Park Residences is a freehold development in District 10 (Core Central Region (CCR)). Freehold means there is no lease running down.

How much does Nassim Park Residences cost per square foot?

Recent transactions at Nassim Park Residences are around $3,901 psf. Across its record, transacted prices range from $12,435,000 to $22,950,000.

Which primary schools are near Nassim Park Residences?

Within 1–2 km: Singapore Chinese Girls' Primary School, Anglo-chinese School (primary), Alexandra Primary School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Nassim Park Residences?

The nearest MRT is Napier MRT, about 410 m away (straight-line).

Has Nassim Park Residences gone up in value?

Across 10 URA-recorded transactions (2021–2026), prices at Nassim Park Residences have moved about 1.8% a year on average. That is a past record, not a forecast.

What condos are comparable to Nassim Park Residences?

Within a short walk: 19 Nassim, St Regis Residences Singapore, Cuscaden Reserve, Park Nova, Boulevard 88. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Nassim Park Residences a good buy?

Nassim Park Residences sits in Core Central Region (CCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

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