The lakeside passage area is right next to the lakeside subway station, and the transportation is very convenient. The 99-year deed has a land area of 13,485.1 square meters (about 145,152 square feet) and a total floor area of 537,065 square feet.
Frasers Property Phoenix II of Frasers Property and MJR Investment jointly offered RMB 5.505.56 million. The offer price of urban development is 10.4% higher than that of Xingli.
The bidding results released by the Urban Reconstruction Bureau on Tuesday (June 3) evening showed that CDL Polaris Properties and CDL Polaris Commercial, a subsidiary of Urban Development, offered the highest prices.
The market's enthusiastic response to the lakeside passage area is completely opposite to the last time the media circle B area ended in April. Lot B in the media circle failed to attract any bidders.
The government location has once again gained the favor of real estate developers, and the lakeside channel area near the subway station has attracted six-party players for its superior location. Urban Development (CDL) offered a maximum bid price of 6 billion yuan, with a floor area ratio of 1,132 yuan.
The lakeside channel area is a private residential area on the list of the government land sales plan (GLS) selected in the first half of 2025, and 575 units can be built.