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Poly bid 1.001 billion for 177000 square meters of Foshan Nanhai commercial and residential land.
Sep 27,2020 10:35CST
translation
Source:Viewpoint real estate network
The content below was translated by Tencent automatically for reference.

SMM: September 27th, two commercial and residential land transactions in Nanhai, Foshan, Guangdong, respectively located in Danzao and Guicheng, with a total transfer area of 117000 square meters and a total construction area of 306700 square meters, with a total starting price of 2.65 billion yuan.

According to the point of view real estate new media, the first to sell is the No. 28 Industrial Avenue, Danzao Town, Nanhai District, Foshan. The plot number is TD2020 (NH) WG0025, with a transfer area of 73800 square meters and a volume ratio of 2.4. It is a commercial and residential plot with a construction area of 177000 square meters.

In the end, the site was won by Poly South China Industrial Co., Ltd. at a reserve price of 1.001 billion yuan, with a land price of 10309 yuan per square meter. if 4580 square meters were deducted, the starting floor price would be at least 5804 yuan per square meter.

Data show that Poly South China Industrial Co., Ltd. was established on July 13, 2005, with a registered capital of 100 million yuan, which is wholly owned by Poly Development Holdings Group Co., Ltd.

Another piece of land sold together on the same day, the land on the east side of Xiadong Road, Xiadong Community, Guicheng Street, Nanhai District, Foshan City, is still under bidding. The plot number is TD2020 (NH) WG0026, with an area of 43200 square meters and a volume ratio of 3. It is a commercial and residential plot with a construction area of 129700 square meters, with a starting price of 1.65 billion yuan and a floor price of 12722.88 yuan per square meter.

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