Peter Kwee's new Nassim project aims at super wealthy, with an eye on S$6,000 psf
The freehold development known as Nassim Quattro sits on about 45,000 sq ft of elevated land, on a triangular plot with a gentle slope
Singapore
AN ULTRA-LUXURIOUS 4-unit complex in the Nassim enclave, originally developed for motoring tycoon Peter Kwee's family use, has been put on the market with target asking prices of around S$6,000 per square foot (psf) on average.
Speaking to The Business Times, the developer, De Nassim, and the appointed agency, Arcadia Consulting, said the intended buyer profile for the 49 Nassim Road project "comprises mainly foreigners, permanent residents and locals, in that order".
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Homebuyers shun new real estate in Vancouver, hurting builders
US pending home sales jump in March to hit highest in the year
Blackstone strikes US$1.6 billion student housing deal with KKR
European real estate deals slump to lowest level in 13 years
Singapore Q1 industrial rents rise further as occupancy dips and prices fall: JTC
Condo resale volumes rebound in March; prices inch up 0.4%: SRX, 99.co