State-Owned Property Office: 10 Land Leases to Be Auctioned on August 12 with a Minimum Price of 3.28 Billion

Reported 11 months ago

The State-Owned Property Office announced the fourth batch of state-owned land leases for auction, including ten plots with a total minimum price of about 3.28 billion yuan, to be auctioned on August 12. The properties are diverse in usage, such as releasing large areas of land in Kaohsiung's prime areas and land in Hsinchu County suitable for financial and insurance industries. The leases range over various areas including Kaohsiung, Tainan, New Taipei City, Taoyuan, Taichung, Hsinchu County, Miaoli County, and Chiayi City, totaling 3.48 hectares. The lease period will be 70 years with an annual ground rent rate of 3.5%.

Source: YAHOO

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