Back on the market: Nassim Road GCB for sale at $308 million

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Would the third time be the charm for the sale of this good class bungalow? A two-storey bungalow along Nassim Road is back on the market with an asking price of $308 million, The Business Times reported on Wednesday (Oct 9). The freehold property — 40 Nassim Road — owned by Hong Fok Corporation's joint CEO Cheong Pin Chuan and...

This property along Nassim Road has gone up for sale three times, and is now on sale for $308 million.Would the third time be the charm for the sale of this good class bungalow?bungalow along Nassim Road is back on the market with an asking price of $308 million, The Business Times reported on Wednesday .Corporation's joint CEO Cheong Pin Chuan and his wife, was first put up for sale for $175 million back in 2019.

Speaking with AsiaOne, Yip said that the owners had instructed him to sell either the whole plot or divide the plot between the conservation property and the two smaller plots. "There are existing ones that are like that, but rare — it's quite rare to be able to build three ," he said.

 

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