Huaku Development Co., Ltd. Acquires Land in Zhongshan District, Taipei City
July 08, 2021 at 05:39 am EDT
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Huaku Development Co., Ltd. acquired land in Zhongshan District, Taipei City. acquired land, 2 lots including land numbers 7-4 and 7-7 of Jintai Section, Zhongshan District, Taipei City; transaction unit amount:2,199.90 square meters, equivalent to 665.47 pings; transaction price per unit: NTD 2,800,000/ping; total transaction, price: NTD 1,863,310,000 Jointly built land subject:1 lots including land numbers 7-11 of Jintai Section, Zhongshan District, Taipei City; joint construction land area: 1,170.37 square meters, equivalent to 354.04 pings; proportion of house and land for sale: the landlord 68%, the company 32%; distribution ratio of value added by volume transfer:1.when the cost is borne by the company: the landlord 25%, the company 75%, 2.when the cost is borne by the landlord: the landlord 68%, the company 32%. The company invested in the development and construction of this project, and the estimated total amount of investment involved is NTD 2,259,310,000.
Huaku Development Co., Ltd. is a Taiwan-based company principally engaged in real estate business. The Company operates its business through the construction, leasing and distribution of commercial and residential buildings, the construction, leasing and distribution of industrial factories and warehouses, as well as parking lot business. The Company provides residential properties, shops, industrial factories, parking lots and others. The Company operates its businesses primarily in Taipei, Taiwan.