Recently, 8 pieces of land with a total area of 693 mu have been sold in the land market of Nanning. The 8 pieces of land are located in Qingxiu District, Xingning District, Jiangnan District, etc.
Among them, lot GC2020-094 is located in the state-owned Jiuquwan Farm of Guangxi State Farms in Xingning District, with a total area of 157.584 mu, which is composed of Part A and Part B. Part A, which is about 13.555 mu, will be used as urban residential land and retail commercial land; Part B, which is about 144.029 mu, will be used as urban residential land, retail commercial land and cultural facilities land. According to the requirements, a 12-class kindergarten should be built as the supporting facility for the project, and an intellectual sports venue should be built in Part B, with a total construction area of no less than 11,000 square meters. The winning bidder shall also sign the “Agreement on Supervision of the Performance of the Competition Operation” with the Administration of Sport of Guangxi Zhuang Autonomous Region. At last, Guangxi Yuezhijin Sports and Culture Co., Ltd. won the bid with the initial listing price of about 891 million yuan.