No.222, Road Datun and land-use right

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No.222, Road Datun and land-use right

Postby jhgp on 13 May 2009, 15:37

I. Location and Surrounding Environment
The object is located in No.222, Datun Road, Chaoyang district, Beijing,PRC, which is in the area of the Asian Games Village, subway line No.5, bus No.387 passes through. The object is well-located and easy of access. Construction of Municipal Facilities and supporting infrastructure are well served as well.

II. The current situation of object
i. Main data about architecture
Project gross area is about 46250.66 square meters, planning area is approximately 50610.98 square meters, in which flat apartment is about 33436.6 square meters, office building is about 11899.66 square meters, affiliated building is about 914.4 square meters. Total construction sites is about 12086.95 square meters, in which there are 9120 square meters with the record of sale in advance of construction on flat apartment, 1131.67 square meters with effectice verdict on office building, thus this auction only concerns 35998.99 square meters.

ii. General introduction
1-3 floor, 5-9 floor in Office building have been used by different companies and refined decoration respectively. Floor 10 is simply decoration, rest of floor was rough. Flat apartment NO.1 is partial decoration, the public part of flat apartment NO.2 is partial decoration as well, floor 3-4 are model rooms, rest of flat apartment are rough.

iii. Floor Area Ratio: 3.83

III. Ownership status
The object of No.222, Datun Road, Chaoyang district is develped by Beijing Dehua Real Estate Development Co.Ltd, for the use of residence and business. “Planning permit for the construction project” was obtained in 5th Dec 1995, “Land Use Certificate” was granted in Oct 1996, which means Beijing Dehua Real Estate Development Co.Ltd is legitimate land user.

IV. Assessment
The Property Area for this auction is about 35998.99 square meters, assessed value is approximately RMB 396,480,000.

V. Prospects
Acorrding to the Beijing government commercial planing, the land around the project and the Asian Games Village will continue to appreciate in recent years. As for the current situation of equipment,facilities and the unduplicated surroundings, the object has a great space to bring big increment operation room to bidder.

Please feel free to call us for detail information.

Contact details: 86-10-84479188
Linkman: Mr Zhang, 8613520888888







Beijing Jiahe Auction House

Note: all the statistics in this introduction is ‘For Reference Only’, Please refer to relevant certificate granted by Real Estate Administrative Department

JiaHe Auction House is one of leading auction house in China, we have 16 offices around state including Beijing, Jinan, Nanjing, Hangzhou, Fuzhou, Xiamen... we offer our clients worldwide latest auction targets online. We sincerely expect to cooperate with you.
Please visit our website: www.jhgp.cn or email us jhgp@live.cn
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