Recently, Nanning Municipal Natural Resources Bureau has sold a commercial and residential land of 58 mu (consisting of two plots) in the auction hall of Nanning Citizen Center. The land is located at the east side of Anyang Road and the north and south sides of Xinfeng Road in Xixiangtang District. It will be used for constructing retail commercial buildings and urban residential buildings.

The plot has attracted a number of enterprises for bidding, and after 75 rounds of intense bidding, a private enterprise -- Guangxi Kaiyuhui Investment Co., Ltd. won the bid at a total price of about 390 million yuan. Among them, plot I is about 26 mu, with transaction unit price of 6.47 million yuan/mu and floor price of 3,466 yuan/square meter; plot II is about 32 mu, with transaction unit price of 7.04 million yuan/mu and floor price of 3,771 yuan/ square meter.