Keqiao City Investment acquires a commercial and residential land in Shaoxing Keqiao District at a starting price of 151 million yuan, with a floor price of 5,440 yuan/㎡.

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**Insight Network News: **On April 1, Shaoxing Keqiao District successfully auctioned and granted 1 parcel of commercial-residential land. Shaoxing Keqiao District Central City Construction Investment and Development Co., Ltd. (Keqiao City Investment) won the KQ-082-06 plot in Keqiao District at the reserve price of 151.3335 million yuan, with a floor-area price of 5,440 yuan/㎡. Of this, the residential land price was 130.3403 million yuan, and the commercial land price was 20.9932 million yuan.

For the KQ-082-06 plot in Keqiao District, its eastern boundary is Shuangting Road, the southern boundary is Jihu Road, the western boundary is Taiping Road, and the northern boundary is Zhi No. 1 Road. The land transfer area is 15,038㎡, the plot ratio is 1.85, and the total above-ground construction area is 27,820.3㎡. Compatible commercial construction area is controlled to 1,000-3,000㎡. Commercial properties are arranged along Shuangting Road, and separate sales are permitted. According to the transfer requirements, the architectural design scheme and construction drawings for this plot must be reviewed and approved by Zhejiang Jinqiao City Development Group Co., Ltd. (the Construction Group). After completion, Shaoxing Keqiao District Central City Construction Investment and Development Co., Ltd. will repurchase about 35 residential units (3,500㎡) from the housing area actually selected by the relocated households at a construction-area unit price of 10,500 yuan/㎡. The repurchase payment does not include milestone payments; it will be paid in full once after the completion and acceptance inspection.

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