Huajian Taiyuan Road has expanded its total sales of more than 10 billion

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Business Times Tsai Huifang/Taipei report 20220916

On the 15th, the board of directors announced that its 100% shareholding subsidiary, Huajian Development Company, led the Taiyuan Road change case, the scale of the base has leapt forward, and 13 landlords in the neighboring land have finally joined in the renewal of the base, so that the scale of the whole case base has expanded to 944.41 pings;

Huajian said that on June 16, 2020, an application for the change of business and rights of the MU was filed for a total of 18 land projects on Taiyuan Road, near the intersection of Zhengzhou Road, north to Huayin Street and east to Chengde Road.

Due to the fact that the owners of 16 land numbers such as neighboring land wanted to join the TMT, after the first project team meeting of the Taipei City Metropolitan Change and Dispute Resolution Review Committee, after the resolution was passed on January 26 this year to agree to be included in the scope of the renewal unit, the Huajian Taiyuan Road Metropolitan Change case was expanded to 34 plots of land in accordance with the law; As for the renewal unit, the application for renewal of the business plan and the right change plan was adopted in the form of joint construction and partial contingency.

Huajian said that after the expansion of the Taiyuan Road Metropolitan Change Case, a total of 38 landlords agreed to build and change rights, with a total of about 536.13 pings of Huajian’s own land developed, and about 408.27 pings of land participated by landlords, with a total development land area of about 944.41 pings, which has been expanded to a scale of nearly 1,000 pings in one fell swoop.

Huajian said that in the future, the estimated investment cost is about 5.187 billion yuan, and the common burden ratio of the report submitted by the togius change of rights plan is about 55.39% for landlords and 44.61% for Huajian, and about 56.5% for the newly incorporated landowners and about 43.5% for Huajian.

Huajian said that with the increase of landlords participating in the capital and the expansion of the scale of the base, the total value of the updated real estate in the future will be revised upwards to more than 10 billion yuan.

According to the valuation results of the three real estate appraisers joint firms of Jubing, Lianbang and Cushman & Wakefield, the total value of the real estate after the future update will reach 11.629 billion, 11.256 billion and 10.737 billion respectively.

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