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Land for highrises to be auctioned


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SIP's announcement on Dec 12 said, the auction of a 22,818.25-sqm land plot for building commercial and residential highrises will start on Jan 12, 2018, at an upset price of RMB 4,072.76/sqm floor area.

The land, north of Suhui Road and east of Xinghai Street, boasts convenient traffic to Left Bank Business Street and stations of Rail Transit Lines 1 and 3.

The bidders are required to be this year's Fortune 500 enterprises with A-class qualification for real estate development and successful experience in developing three-star green buildings, for which related testimonials must be submitted. In addition, the bidders must take part in the auction independently.

Suzhou Daily,
December 13, 2017