2015.03.13

Times Property, on the morning of March 12, emerged victorious in its bid for a riverside commercial parcel in Shamin New City, Huangqi, Dali, with a reported value of RMB 1.86 billion. The accommodation value is RMB 7548.08 /㎡, the highest such value--and the highest total price--in Foshan this year.

Times Property bought the largest land plot in Nanhai, Foshan, this year, which encompasses 64,700 square meters and has a potential floor area of 248,000 square meters. Thus, there is limitless potential for development.

Dali, which is situated on the border of Guangzhou and Foshan, interconnects the two cities with critical roads. The plot in Dali, Nanhai, enjoys great geological advantages and surrounding conditions, including significant river-view resources. The riverside plot, located in Michong, is close to Shamian New City and Baitiane Garden, in addition to which it boasts complete facilities such as Huangqi Fitness Square, Intercity Haibei Square, Haibei Market and Haibei Middle School.

Times Property now has four projects in the Foshan market: Times King City (Foshan) in Luo Village, Times King City (Foshan) in Shunde, Times City (Foshan) in Sanshui, and Times Cloud Atlas (Foshan), which is near Chao’an Railway Station. The plot in Huangqi, Dali will bolster Times Property’s land reserve in Foshan so that more high-quality projects in the city can be offered.