UK's Nassim GCB plots up for sale again

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.

Previously, the front plot, with a site area of 18,620 square feet and a 36-…