Feb 26, 2019, 5:00 am 

Collective-sale activity is picking up a little, with two properties keen to try their luck, including the long-awaited bid by Pine Grove.

The 660-unit condominium in the Holland Road cluster is being launched today at a reserve price of $1.86 billion.

The price translates to a land rate of $1,307 per square foot per plot ratio (psf ppr), after factoring in differential and lease upgrade premiums, said real estate agency C&H Group yesterday.

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