What is the status of the land development in Chongde Section, Xizhi?

Maya Corporation has scaled back the plan from 29 to 26 land parcels after failing to consolidate some lots. The total project value is now approximately NT$1.58 billion.

What is planned to be built in this development?

A residential building is planned to be constructed as part of an urban renewal project.

What are the land prices like in Xizhi?

In this transaction, the land was traded at around NT$1.8 million per ping, indicating a high price level.

AI News NQ Analysis

Maya Corp. Revises Land Purchase Plan in Xizhi, New Taipei City

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AI Summary (NQ-processed)

Maya Corp. (2020) issued a supplementary statement regarding its board resolution on a land acquisition plan in the Chongde Section of Xizhi District, New Taipei City. The original plan was to acquire 29 land parcels (949.42 ping) for a total of NT$1.7089 billion to build a residential tower via urban renewal. However, due to incomplete consolidation of some parcels, the plan was changed. The company ultimately acquired 26 land parcels and existing structures (877.52 ping) for a total price of NT$1,579,474,000. The unit price of approximately NT$1.8 million per ping was maintained. The company stated this change has no impact on its finances or business operations.

AI Analysis

Frequently Asked Questions

Q: What is the status of the land development in Chongde Section, Xizhi?: A: Maya Corporation has scaled back the plan from 29 to 26 land parcels after failing to consolidate some lots. The total project value is now approximately NT$1.58 billion.
Q: What is planned to be built in this development?: A: A residential building is planned to be constructed as part of an urban renewal project.
Q: What are the land prices like in Xizhi?: A: In this transaction, the land was traded at around NT$1.8 million per ping, indicating a high price level.