The fifth auction of 66 houses bought by a Guangxi MLM boss in Nanning, most of which were unsold

Recently, in the judicial auction market of Nanning, 66 houses were auctioned at the same time. These 66 houses are all in the same place, located in the Sunshine City · Times Center, No. 19, Tiqiang Road, Liangqing District, Nanning. The 66 houses are not residential buildings, but office buildings. In the end, 66 office properties were auctioned, except for 8 which were finally sold at the starting price, the rest 58 properties were auctioned off.

The Sunshine City · Times Center, where the 66 houses auctioned this time are located, is located in the headquarters base of Wuxiang New District, Nanning. There are many high-rise buildings, including Nanning Evergrande International Center, Guangxi Construction Engineering Building, Guangxi Road and Bridge Group Headquarters Building, Fuya International Business Building, Nanning Rural Credit Building, etc. In addition, there are Guangxi Sports Center, Guangxi International Zhuang Medical Hospital, etc. It can be said that this is the center of Nanning Wuxiang New Area.

In fact, the starting price of the 66 houses in this auction is very low. Although the auction is said to be the second auction, it is actually the fifth auction. From 2022 to 2023, there have been three auctions, all of which failed. Then the auction was restarted again this year. The starting price of this auction is much lower than that of the first auction last year. Take Room 311, the third floor of Building C, Sunshine City · Times Center as an example. The building area of this office property is 50.31 square meters. When it was first auctioned last year, the starting price was 35304 thousand yuan. This auction, the starting price was only 246 thousand yuan, 10704 thousand yuan less, and the starting price was only 4890 yuan/square meter.

Although the total price of the 66 houses in this auction is different, the starting unit price is basically the same, about 4880 yuan/square meter. In the best section of Wuxiang New District in Nanning, the unit price is very cheap, but it is still sold. I don't know if it is because the house is an office.

The 66 houses auctioned this time are all rough houses, and no one or enterprise has settled in. The 66 houses are not owned by any enterprise. They are all owned by one person. The landlord is Yu Shirong. The landlord was once the leader of a pyramid selling organization in Guangxi, that is, the Bameera pyramid selling organization under the guise of beauty cosmetics. Yu Shirong is a Guilin native, a post-80s woman. The pyramid scheme involved more than 4.3 billion cases, and 19 principal criminals were finally sentenced, including the pyramid scheme leader Yu Shirong, who was sentenced to 12 years. Yu Shirong purchased a large number of properties in Nanning, Guilin, Yunnan, Guangzhou and other places in Guangxi with the money obtained through pyramid selling. The majority of these properties are commercial office properties, with hundreds of sets. Among them, in Nanning City, Sunshine City · Times Center alone has purchased 109 office properties, as well as several of Triumph No. 1, one of the top ten luxury houses in Asia. Compared with the office property, several luxury houses on Triumph 1 are quite popular and were bought at the first auction. For example, most of the commercial properties in Yunnan are purchased from the whole commercial building, which is worth tens of millions.

Some of these properties have been auctioned since 2022, and some are still unsold. Next, the unsold properties should continue to be auctioned, depending on how many people will accept the offer.