Times Property (01233) said it succeeded in public auction for the acquisition of the land use right of a land parcel in Dongguan City, Guangdong Province, the People's Republic of China for about Rmb1,415 million.
The land parcel is situated in Shuibei Village, Shipai Town, Dongguan City, Guangdong Province with a total site area of about 79,190 square metres, and its plot ratio shall not exceed 1.8. It is mainly designated for the development of residential properties and the term of the residential land use right is 70 years.
20/09/2016 10:28
Times Property (1233) wins bid for Dongguan land at Rmb1.4bn
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