On November 27, 2024, yuexiu property successfully won the Yangsi land site in Pudong, Shanghai, through a consortium for 7.897 billion yuan. The total land area of the site is approximately 53,052 square meters, with a planned total construction area of about 155,535 square meters, intended for the development of three types of residences. yuexiu property's actual stake is 27.55%. The consortium formed by Hangzhou Yile Industrial Investment Co., Ltd., Shanghai Xuzhen Enterprise Management Co., Ltd., and China Energize Construction Urban Investment Development Co., Ltd. successfully acquired the site. The project company will develop the site and the completed residential properties will be for sale. The site is located in the Pudong Yangsi sector, surrounded by complete supporting facilities, convenient transportation, and abundant education, medical...Show More

On November 27, 2024, yuexiu property successfully won the Yangsi land site in Pudong, Shanghai, through a consortium for 7.897 billion yuan. The total land area of the site is approximately 53,052 square meters, with a planned total construction area of about 155,535 square meters, intended for the development of three types of residences. yuexiu property's actual stake is 27.55%. The consortium formed by Hangzhou Yile Industrial Investment Co., Ltd., Shanghai Xuzhen Enterprise Management Co., Ltd., and China Energize Construction Urban Investment Development Co., Ltd. successfully acquired the site. The project company will develop the site and the completed residential properties will be for sale. The site is located in the Pudong Yangsi sector, surrounded by complete supporting facilities, convenient transportation, and abundant education, medical, and commercial resources. The board of directors believes that this acquisition will increase yuexiu property's quality land reserves, further consolidating its strategic position in Shanghai. According to planning restrictions, no less than 960 square meters of public service facilities, including a day care center and elderly activity rooms, must be built on the site.