Recently, Evergrande Real Estate ushered in another residential land auction by the court. Plot B-01-01, located in Suzhou Taicang Resort, was auctioned at a starting price of 416 million yuan. Finally, only one person applied for auction and won the plot at the starting price.
This is the second auction of the plot. The assessed price of the plot was 66884.8 million yuan. When the first auction was held, the starting price was 520 million yuan, but the auction failed.
The land auctioned this time is actually part of the residential land of Suzhou Taicang Evergrande Children's World Park Project, with an area of 44194.2 m2, about 66.258 mu. At present, the plot is basically an empty land. The plot was originally under the name of Taicang Yitai Tourism Development Co., Ltd., which is a subsidiary of Evergrande Children World Group Co., Ltd., but the plot was later transferred by Taicang Yitai Tourism Development Co., Ltd. to Taicang Chitai Real Estate Development Co., Ltd. However, Suzhou Asset Management Co., Ltd., the applicant for enforcement, is still the mortgagee of the land use right of Lot B-01-01 in Taicang Resort, which does not prevent it from realizing the priority of compensation. So the plot was auctioned.
Suzhou Taicang Evergrande Children's World Park (Taicang Evergrande Cultural Tourism City) was originally planned to become a world cultural tourism resort integrating recreation, culture, leisure, commerce and tourism. The project is planned to be a six country style hot spring city, a featured cultural and creative town, a Japanese food street, a Jiangwan style business street, a colorful business square, landmark hotels, resort hotels, boutique hotels The International Convention and Exhibition Center, the Comprehensive Sports Center, the Leisure Care Center, etc. cover an area of more than 5000 mu.
Taicang Evergrande Children's World Paradise is still in a very good location, right at the mouth of the Yangtze River, adjacent to Taicang Yangtze River Estuary Tourist Resort. Located in the north of Shanghai, it is also very close to the high-speed railway station Taicang Station. In addition, many important roads such as Shanghai Yichang Expressway converge here.
The plot ratio of this auction is 3.0. According to the total auction price, the floor price is 3138 yuan/square meter. Do you think the floor price is low in Taicang, Suzhou?
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