Live Breaking News & Updates on Yuntai Tourist Township

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 ....

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