Kyle Oberman, 31, has spent almost a decade visiting some of China s lesser-known parts and he says that beyond the smog there is a lush landscape that often gets overlooked.
The Place Holdings Land Site at Mount Yuntai Tourism Township Revalued at RMB 481 Million, a Substantial Increment in Value of 329%
- Prior to the change in zoning, the land site was valued at RMB 112 million as at 30 September 2020
- The zoning of the land site has been changed from commercial to residential with effect from 23 March 2021 that allows the property to be marketed to a wider group of property buyers that also include individuals
- With the change in zoning to residential, the land-use rights assigned to the land has been increased from its existing 40 years to 70 years
- The Group intends to develop residential properties at this site that cater to the demand for quality accommodations from growing tourism and wellness trends in China