China Railway Construction 353 million won the construction area of more than 100000 square meters of land for rental housing in Pudong, Shanghai.

Published: Sep 10, 2020 09:30

Source: Viewpoint real estate network

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SMM: Sept. 9, Shanghai Pudong New area auctioned off a rental housing site located in Lingang, which was finally won by China Railway Construction East China Construction and Development Co., Ltd., a subsidiary of China Railway Construction, with a floor price of 3507 yuan per square meter with a reserve price of 353 million yuan.

It is understood that the land is the free trade zone Lingang new area NHC10101 unit 11-02 plot, east to foreign locust road, south to lily orchid road, west to 11-03 plot public green space, north to mai dong road, planning use for rental housing land, land area of 45771 square meters, volume ratio of 2.2, construction area of 100696 square meters.

According to the transfer plan, the height of above-ground buildings is limited to 50 meters, and the minimum number of rental housing units is 1439.

It is also learned that on September 1, Shanghai Pudong New area also smoothly transferred a homestead for the tender sale of the 09A-03 site of the Guzhen East Unit (PDXC-02), Xinchang Town, Pudong New area. In the end, with Runli Paiya Jule and Poly, they won the land for 1.418 billion yuan, with a transaction price of 29100 yuan per square meter, with a premium rate of 60.8%.

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