Lately, Nanning Municipal Natural Resources Bureau posted an announcement of publicly selling the 100th state-owned construction lot in Nanning in 2020. The lot covers both sides of Sanmaoling Road and the north side of Huling Avenue in Qingxiu District. The bureau requires that the successful bidder should bring in one of the world’s top 50 iron and steel enterprises for developing scientific research and finance of metallic materials.
Reportedly, the lot number is GC2020-106. It has a total area of 131.43 mu divided into 3 parcels. Among them, 2 parcels are residential land with an area of 87.927 mu, and 1 is used for scientific research, business, finance and hotels with an area of 43.503 mu. A 12-classes kindergarten should also be included. The starting prices of the three parcels of the lot are 3.95 million yuan/mu, 3 million yuan/mu and 3.95 million yuan/mu, respectively. The lot will be sold in an integral bid, and the bidding will finish by the end of October.