Rotten tail more than 10 new China building price 370 million still streaming

Nanfang Daily News (reporter Liu Cuannan intern Shen Yunfang correspondent Lai Fa Xuan) yesterday, Canton Liwan District Court on the rotten tail more than 10 years of well-known uncompleted building "New China Building" in accordance with the law for auction. Although the auction price from the original 1.34 billion yuan to reduce to 970 million yuan, but still suffer from streaming embarrassment.　　According to the Liwan court, the building has a history of problems, the national business company owes small owners "to rent money" is widely criticized, since August 3 last year, the court for the first time to make a notice of the auction, there are 491 smaller owners to court proceedings, of which 465 have been concluded. "Senior uncompleted Building" has sold sky-high in the Guangzhou People's South Road, the New China building, has created a commercial real estate in Guangzhou the highest price of business myths.　　According to the industry, the building was temporarily, for the most high-end commercial properties in Guangzhou, July 1996, the Foundation, to the end of 1998 to achieve more than 700 million Hong Kong dollar sales, set up at the time of the Guangzhou shop 110,000 yuan/square meters of sky-high prices. At that time, the Trump was to sell shop on the basis of the high rents of "5 years ' rent and the rent of the small owners by 12%" per annum.　　However, after the landlord received a 3-month "Return to rent", the building was broken by the capital chain and the lease was dead. 970 million yuan to shoot no one should price rotten tail, the new China building in recent years to enter the court enforcement procedures, last year, a lot of twists and turns: In August 2009, the Liwan District court planned for the new China building for the first auction, but because the small and medium-sized owners objected to the rescheduled.　　In December of that year, the first auction was made because no company had signed up for a bid. Yesterday morning, Guangzhou Industrial Auction Co., Ltd. and other 7 auction houses jointly on the New China building, the overall project for sale. According to the introduction, the owners have bought the area was excluded. The reporter saw at the auction scene, the price from the previous 1.34 billion to 970 million yuan.　　Although prices have been so "diving", only two companies have taken part in the auction. The auctioneer quoted a price of 970 million yuan, and in 5 minutes there was no one to raise the price. After half an hour's recess, there is still no price.　　The 1.5-hour auction was finally met with two times of streaming embarrassment.　　At the end of the auction, the company said it was inconvenient to be interviewed by reporters.　　Because of the history of the issue of the company did not dare to take part in the auction companies have to pay a huge margin of 50 million yuan, but why the collective silence at the auction? In this regard, Liwan District the deputy director of the Court of Justice Zhao Ru Rong analysis that this is a number of reasons for the joint effect of the results. The auction notice stipulates that the buyer is required to bear the "historical problems" of the new China building, including the subsequent development and construction obligations, the confirmation of the real estate property rights of the building, and the registration of the property right transfer of the sold area.　　These complex matters have become one of the concerns of bidders to raise their cards. "In addition, more than 900 million of the price is a huge sum of money, any company needs to consider the difficulty of lending from the bank." "Ru Rong said, according to the auction announcement, after the successful auction, the buyer needs to pay 3 times the sale of auctions, and a down payment of 50% and inPayment is to be paid within 15th after auction. Link People's South Business circle the New China building is located in Guangzhou South Road. In the middle of the 80 's, this is the busiest place in Guangzhou.　　South Mansion, People's road, sand surface, long dike area is called veteran "ten Li Long-hidden", dominate Guangzhou business pattern. After 1987, with the expansion of the Guangzhou city space, many passenger flow of the people's South Business Circle was diverted. For example, Guangzhou Friendship department store in 1998, opened in the new China building more than 7,000 square meters of department stores, in less than two years were forced to withdraw.　　Now the people of the South, the most see is more than the shop, small food shops and other small shops, large department stores are rare. In recent years, the people's South Business circle of electronic digital, clothing, toys and other wholesale industry gradually flourished. In the "New China Building" near, has formed 13 Road, so Clothing street, Heping Dong Lu Clothing Shopping Malls (market) and other commercial points, to become Guangzhou's clothing wholesale distribution center.