Core Viewpoint - Hunan Senlan Real Estate Development Co., Ltd. has successfully acquired a residential land parcel in the core area of Changsha International Convention and Exhibition New City for a total price of 218 million yuan [1] Group 1: Land Acquisition Details - The land parcel N08-E32 has a total area of 41 acres and a building area of 54,726 square meters [1][8] - The starting price for the land was set at 217.81 million yuan, with a bidding increment of 2.18 million yuan [2] - The land is designated for residential use with a usage period of 70 years and a maximum floor area ratio of 2.0 [2][8] Group 2: Location and Transportation Advantages - The land is strategically located near major transportation routes, including a 5-minute drive to the South High-speed Railway Station and a 15-minute drive to Huanghua Airport [4] - Proximity to the metro lines, including the nearby Dujiaping Station and future construction of additional stations, enhances accessibility [4] Group 3: Educational and Commercial Infrastructure - The area boasts a high-quality educational system with the new Yali Middle School campus opening in September 2023 and plans for Yali Convention School to start enrollment in 2026 [4] - Adjacent to the land is the Changsha Fenshan Outlets, a large commercial complex with an investment of approximately 2 billion yuan, set to open in September 2025 [6] Group 4: Future Development and Urban Planning - The Changsha International Convention and Exhibition New City is experiencing significant investment in infrastructure, aiming to create a livable, workable, and enjoyable urban environment [8] - Additional high-quality land parcels are expected to be released in the area, indicating ongoing development and growth potential [8]