Nassim Woods Developer Information
CRL Realty, a wholly-owned subsidiary of property giant CapitaLand, has sold its 100 percent stake in Nassim Hill Realty (NHR) to Kheng Leong Company for $411.6 million. CapitaLand revealed that NHR was responsible for developing Nassim Woods, a luxurious low-rise condominium located along Nassim Hill in District 10. It presently owns 45 units in the freehold property. The consideration, which was satisfied entirely in cash, is subject to post-completion adjustment and comprises the estimated net tangible assets value of $138.7 million as at 16 January 2017. It also takes into account the $407.2 million agreed property value for the 45 units in Nassim Woods, as well as an assignment of a $272.9 million shareholder’s loan.
Influences of Nassim Hill Realty
Nassim Woods is a new brand development in district 10, nestled in Nassim enclaves where very close Orchard road with Tanglin road. With a variety of selection units from 1 to 5 bedrooms available, perfect locality to reside and communal facilities to make the residents a great life at here. Connect Our Sale Team Now to book an appointment visit showflat viewing by Call Us 81000364 or by second way Fill In The Form below to receive attractive VVIP discount from the developer.