Tianjin Eco-City plot sells for 1.17b yuan
Plot will be developed as an ecological and liveable project comprising low-rise and mid-high-rise buildings
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Janice Heng
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Singapore
ANOTHER land plot in the Sino-Singapore Tianjin Eco-City was sold in a land tender for 1.17 billion yuan (S$236.4 million) on April 22, its joint-venture master developer Sino-Singapore Tianjin Eco-City Investment and Development Co (SSTEC) announced on Wednesday.
This was a 3.62 per cent premium over the starting price, and translates to 7,013 yuan per square metre for the 10.86 hectare residential plot in the central district of the Eco-City, which was listed in mid-March.
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