Nanzih Land Fetches Sky-High Price of 1.517 Million Per Ping in Land Auction

Reported 9 months ago

In a land auction held by Kaohsiung Land Administration on June 26, 2024, a plot of land in the Nanzih area near the Kaohsiung University campus was sold at a record-breaking price of 1.5177 million per ping, surpassing even the Ayawan area in Kaohsiung. The auction attracted 37 bidders, with the highest bid coming from Fubon Real Estate Development at 10.72 billion yuan, setting a new high for land prices in Nanzih area with a premium rate of 129.44%. However, a less attractive 588.6 ping commercial land in Jhongdou received no bids due to height restrictions, marking a notable difference in interest among bidders.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis