Inside Nassim Road: A Billionaire’s Playground in Singapore
Ever wondered who calls Nassim Road home? This ultra-exclusive neighbourhood is where Singapore’s wealthiest residents enjoy luxury and privacy. If you have the wealth to match, you might just secure a spot in one of the most expensive houses in Singapore.
At first glance, this quiet, leafy street doesn’t look like much. However, beneath its understated exterior lies a treasure trove of multi-million dollar mansions. Surrounded by 5-star hotels and top-tier restaurants, Nassim Road is no ordinary address – it’s Singapore’s Billionaire’s Row.
Where Exclusivity is Redefined
Widely regarded as the most exclusive street in Singapore, Nassim Road has some of the most expensive landed properties in the country, so grand that they make grand bungalows in other neighbourhoods seem almost quaint.
Singapore’s Nassim Road stretches just under a mile from Tanglin Road to the Singapore Botanic Gardens, a lush tree-lined street haven for the ultra-wealthy. The greenery doesn’t just add to the charm. It acts as a natural barrier, shielding these grand homes from prying eyes. Walk along Nassim Road, and you won’t see much. The occasional hum of a Rolls Royce or Bugatti gliding through ornate gates may give you a slight hint of this neighbourhood’s prestigious residents.
Nassim Road houses are Good Class Bungalows (GCBs), Singapore’s most coveted type of landed property. Not only are they exclusive as property purchases, but most driveways are packed with greenery, creating an air of mystery that adds to their allure.
And that’s precisely the point. Privacy is key when neighbours are some of the most well-known figures in business, entertainment and politics.
So, What’s the Big Deal About Nassim Road?
In land-scarce Singapore, space is a luxury few can afford. But Nassim Road in Singapore isn’t just about land. It’s about prestige, seclusion and an unspoken exclusivity that money can’t buy. With only a limited number of properties along this prime stretch of real estate, demand is relentless, and prices keep increasing.
Ask any real estate agent, and they’ll tell you the words ‘Nassim Road’ command a premium. A sprawling plot surrounded by greenery, space to park a fleet of luxury cars, and the freedom to install every amenity imaginable – home cinema, infinity pool, rooftop deck, private spa – it’s the ultimate dream for the ultra-high net-worth elite. There’s a reason why the most expensive house in Singapore is in Nassim Road: exclusivity, privacy, and prestige.
Who Lives on Nassim Road?
Nassim Road isn’t just about grandeur; it’s home to some of the biggest names in business and entertainment.
Current and past residents include:
- Lim Hock Leng – Co-founder of supermarket giant Sheng Siong
- Stephen Riady – Real estate tycoon and chairman of OUE Limited
- Jin Xiao Qun – Founder of Nanofilm Technologies
- JJ Lin – Singapore’s beloved Mandopop superstar
- Prince Jefri Bolkiah – Brother of the Sultan of Brunei
The list goes on. Other notable figures who have owned or lived on Nassim Road properties include ST Telemedia CEO Stephen Miller, The Hour Glass founder Dr Henry Tay, Indonesian billionaire Peter Sondakh, Asia Reinsurance Broker CEO Richard Austen, serial property investor Kishore Buxani, and REIT veteran Michael Dwyer.
It’s also home to several embassies, including those of Japan, Pakistan, and the Philippines. Eden Hall, the residence of the British High Commissioner, is also here — a stately reminder of Singapore’s colonial past and diplomatic present.
Record Breaking Deals
When it comes to real estate, Nassim Road has seen its fair share of eye-popping transactions. With record-breaking sales happening year after year, this mythical strip of land remains the ultimate status symbol in Singapore.
Here’s a look at the most remarkable transactions and prospective sales:
1. The Cheongs’ Property
Asking $308 million
A luxury mansion in Singapore’s exclusive Nassim Road is back on the market for $308 million. Spanning over 58,000 sq ft near Orchard Road, the Good Class Bungalow (GCB) is a conservation property with a front garden that can be divided into two additional plots for new mansions. The estate is owned by Mr. Cheong Pin Chuan, joint CEO of Hong Fok Corporation, and his wife. If sold, this will be Singapore’s most expensive house.
Photo: REALSTAR
2. SG Casa Pte Ltd.
33 Nassim Road, $230 million
The freehold Good Class Bungalow (GCB) at 33 Nassim Road, covering an expansive 84,543 square feet, was sold for $230 million – making it the most expensive house in Singapore to date. Previously owned by Wing Tai Holdings chairman Cheng Wai Keung and his wife Helen, the estate reportedly changed hands for S$2,721 per square foot. The buyer is rumoured to be billionaire Facebook co-founder Eduardo Saverin, but like with many things in Nassim Road, privacy is key.
Photo: Samuel Isaac Chua/EdgeProp Singapore
3. Fangiono Family
42, 42A and 42B Nassim Road, $206.7 million
Indonesia’s Fangiono family has made a major splash in Singapore’s luxury property market, acquiring three adjacent Good Class Bungalows (GCBs) for S$206.7 million. Situated at 42, 42A, and 42B Nassim Road in District 10, the two-storey estates were purchased at around S$4,500 per square foot – placing them among the city’s priciest homes. Each plot covers at least 15,131 square feet, costing an average of S$69 million per property.
Photo: Samuel Isaac Chua/EdgeProp Singapore
4. Ladyvale Bungalow
30 Nassim Road, $128.8 million
Jin Xiao Qun, the wife of Nanofilm Technologies International’s founder, made waves in Singapore’s luxury real estate scene by purchasing the prestigious Ladyvale Bungalow on Nassim Road. The sprawling 32,159 sq ft estate was acquired for S$128.8 million, cementing its status as one of the country’s most exclusive and expensive homes. Nestled in Singapore’s most elite enclave, the property exemplifies the unparalleled prestige and sky-high value of Nassim Road’s highly sought-after Good Class Bungalows.
5. Arwaa Mansion
48 Nassim Road, $120 million
Perched atop a hill, Arwaa Mansion is one of Singapore’s largest and most valuable homes. Spanning an immense 110,000 square feet – the equivalent of 92 five-room HDB flats –this stunning S$120 million estate results from the merging of two properties. It is owned by Prince Jefri Bolkiah of the Brunei royal family and stands as the pinnacle of luxury on Nassim Road.
6. Tony Tung
$105.3 million
Hong Kong-based oil tycoon Tony Tung, chairman of Winson Group, has boldly entered Singapore’s elite real estate scene with his S$105.3 million purchase of a luxurious Good Class Bungalow (GCB) near the Botanic Gardens. This opulent estate cements Tung’s place among the ultra-wealthy homeowners in Singapore’s most exclusive district, where sprawling mansions and record-breaking property deals are the norm.
Image: Artistic Impression
7. Jin Xiao Quin
$96 million
Jin Xiao Qun owns two incredible properties (see property #4 on this list) in Singapore’s ultra-luxury property market with her $96 million bungalow purchase. Beyond the jaw-dropping price tag, she is estimated to have spent an additional $20 million on renovations, proving that homeowners along Nassim Road spare no expense in elevating their extravagant estates. This high-profile acquisition underscores just how fiercely coveted the mansions in this exclusive enclave truly are. It is undoubtedly something that Jin owns, two of Singapore’s most exclusive houses, and a testament to the enormous appeal of Nassim Rd.
Image: Artistic Impression
8. Dr Stephen Riady
26A Nassim Road, $95 million
Stephen Riady, executive chairman of OUE Group, made a landmark purchase in August 2019, acquiring a 34,251-square-foot Good Class Bungalow (GCB) on Nassim Road for S$95 million. Designed by acclaimed French architect Jean-Francois Milou, the ultra-modern residence is a masterpiece of contemporary luxury in one of Singapore’s most exclusive enclaves. A true statement of prestige, this sleek architectural gem further solidifies Nassim Road’s reputation as the pinnacle of elite real estate.
For those looking for a property on Nassim Road, our distinguished real estate advisors at SHE Real Estate specialise in curating exclusive, off-market opportunities tailored to ultra-high-net-worth individuals. With an unparalleled network, deep market expertise, and discretion, we ensure a seamless acquisition process, granting you access to Singapore’s most coveted Good Class Bungalows. Contact us today for a confidential consultation.
