Rongchuang Chongqing Banan 53-mu Low Floor Area Ratio Land Parcel Starts at 30% Discount, Bid Reaches 156 Million Yuan

NightAirdropper · 2026-03-21T14:43:51+00:00

Chongqing Banan District Jieshi Group M Subdistrict will auction four low-density land parcels on April 10, 2026, totaling 53 acres with a starting price of 156 million yuan, representing approximately a 70% discount from the appraised value. The parcels have a developable area of 29,600 square meters and currently have no structures. These parcels were originally acquired by Sunac in 2013 for a project that remains undeveloped to date.

NightAirdropper

2026-03-21 14:43:51

Abstract generation in progress

Guandian.com News: According to comprehensive market information on March 20, four low-density land parcels totaling 53 acres in the Jieshi Group, Banan District, Chongqing, will be auctioned as a whole on April 10, 2026. The starting price is 156 million yuan, about 70% lower than the assessed value of 223 million yuan.

Data shows that the land has a plot ratio of 0.84, with a buildable area of 29,600 square meters, and a remaining usage period of 37 years. Currently, there are no buildings on the site.

The land was originally part of the Oulu Garden City acquired by Sunac in 2013. It is planned to include 27,900 square meters of residential space and 246 parking spaces, and remains undeveloped to this day.

Disclaimer: The content and data of this article are compiled by Guandian based on public information and do not constitute investment advice. Please verify before use.

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