SUBSCRIBERS
UK's Nassim GCB plots up for sale again
Guide price seen to be pared by some 20% from first tender that closed in January
Published Fri, Jun 10, 2016 · 09:50 PM
Singapore
The British government is expected to relaunch two freehold Nassim Road Good Class Bungalow (GCB) plots carved out from part of the garden land at the British High Commissioner's residence, Eden Hall. This comes after bids during the initial tender that closed in January - when sentiment slumped during the stock market rout - did not meet the guide price.
BT understands that the guide price has also been revised downwards by around 20 per cent.
Copyright SPH Media. All rights reserved.