Two land lots in Qianhai for commercial use were sold Aug. 10, becoming the first land transfer case this year in the area.
The land use right of the two lots that belong to the unit four land of Guiwan area were sold to COFCO’s capital investment limited company and Aviva-Cofco respectively. The total bid was 3.37 billion yuan and the total land areas cover 11,700 square meters.
The T201-0091 land was sold to COFCO’s capital investment limited company for 1745 million yuan and the total floorage above the land will be 67,000 square meters.
Another land, T201-0090 was sold to Aviva-Cofco for 1625 million yuan with a total floorage of 62,000 square meters.
According to related rules, the properties of the two lands are not allowed to be transferred within a decade.
On Aug. 18 the third land lot in Qianhai will be auctioned and the bidder must be a Hong Kong registered company, which must has at least three listed companies in Hong Kong Stock Exchange – or must be the controlling shareholder of the three listed companies – and at least one of the listed companies’ total asset is more than HK$1 trillion.
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