The Hengqin Guangdong-Macau Deep Cooperation Zone announces the benchmark land price; two residential plots within the designated area are pending market entry.

Guandian Network News: On March 24, the Urban Planning and Construction Bureau of the Hengqin Guangdong-Macao Deep Cooperation Zone officially announced the “Determined Land Prices for State-owned Construction Land in the Hengqin Guangdong-Macao Deep Cooperation Zone,” applicable to state-owned construction land within the cooperation zone, with a valuation date of January 1, 2023. This standard covers seven types of land use: commercial, residential, office, hotel, industrial, public administration and public services, and public facilities, with usage periods ranging from 40 to 70 years.

According to public information, the average floor price of residential land in Hengqin is 17,762-25,628 yuan/m², the average floor price of commercial land is 17,780-30,752 yuan/m², the office land price is 8,146-12,631 yuan/m², and the hotel land price is 4,703-5,639 yuan/m². For specific projects, the K2 Lychee Bay has a floor price of 23,210 yuan/m² and a ground price of 59,774 yuan/m²; Huafa Plaza has a floor price of 23,087 yuan/m² and a ground price of 69,214 yuan/m².

The announced range for residential land includes two undeveloped plots that have not yet been put on the market. Among them, the A403a0603 plot has an area of 44,150.67 m², a plot ratio of 1.6, and a determined floor price of 18,214 yuan/m², located near Hengqin Avenue and Jingwan Station; the A403b020204 plot has an area of 58,743.45 m², a plot ratio of 1.5, situated on the south side of Changlong Avenue and the east side of Huandao West Road, close to Shenjing Village. The specific market entry time for these two plots has not yet been determined.

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