Recently, Nanning Municipal Natural Resources Bureau held the opening ceremony of the public listing transfer of the 53rd phase of the state-owned construction land use right in 2020. The Plot GC2020-059 transferred in this phase is located in Mingyang Area, Wuxu Town of Nanning Wuxu Airport Economic Zone, with an area of nearly 200 mu, and the final transaction price is about 275 million yuan.
According to the planning requirements of the plot, the upper limit of the plot ratio of the Plot No.59 is 2.5, which is obviously lower than the common 3.5, and the building height is limited to 80 meters. Industry insiders said that this means that the residential projects in this plot will be high-rise residences, small high-rise buildings, as well as low-density buildings of no more than 30 storeys. At present, there are some real estate projects around the plot, with the average price of 5,500 yuan/square meter for roughcast houses.