Leyang Village currently has 362 residential units, which are a 1999-year land deed project, and there are still about 56-year house deeds left. In 2022, it launched another 980 million yuan in market for sale, ultimately failing to attract develope...
Leyang Village currently has 362 residential units, which are a 1999-year land deed project, and there are still about 56-year house deeds left.
In 2022, it launched another 980 million yuan in market for sale, ultimately failing to attract developers to bid.
Leyang Village first tried to sell collectively in 2018. At that time, it asked for 750 million yuan, but failed to receive support from 80% of the homeowners.
Loyang Valley, a private housing project located in Luoyang Road, attempted to sell collectively for three consecutive days, indicating that the price was reduced by 10% to 880 million yuan.
Huttons Asia, the exclusive marketing agent responsible for collective sales, issued a statement on Wednesday (July 2) stating that the area covers an area of 840,648 square feet and has a maximum total floor area ratio of 1.6. If redeveloped and approved by the authorities, the total floor area can reach 1.345,036 square feet, and up to 1,249 units with an average area of 1,076 square feet are built.
880 million yuan predicted price, including 221 million yuan land better charge, and 245 million yuan land deed extension premium. If the additional balcony area, which accounts for 7% of the total floor area, is calculated, the floor area ratio is equivalent to 936 yuan.
