THE rejuvenation of Selegie Road will move further along if the owners of two buildings there succeed in their collective sale bids.

Selegie Centre, a 10-storey freehold commercial building, has obtained approval from around 90 per cent of owners by share value and strata area to launch a tender with a reserve price of S$120 million.

The land rate works out to S$1,942 per square foot per plot ratio (psf ppr) …..

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