| Cooperating Parties |
New Taipei City Government |
| Ratio of divided income |
National Property Administration 80%, New Taipei City Government 20% |
| Land registration |
National land of land number 99-2, Shushin section, Shulin District, New Taipei City |
| Area |
1.025091 hectares |
| Usage Purpose |
Commercial |
| Method of release |
Superficies |
| Bid winner |
NanShan Life Insurance |
| Contract period |
From August 29, 2014 to August 12, 2064 |
| Start date of operation |
May 26, 2018 |
| Planning philosophy |
The land of the project is whole with good transportation conditions and residential area in the vicinity. There is also an industrial belt of Tatung Science Park, Shulin Industrial Park, and Shulin Industry Park. Under the intensive development of residential area and related industries, services, and life function with commercial development potential, New Taipei City Government hopes that after successful investment solicitation and commercial development with appropriate planning, commercial services and facilities suitable for local residents can be provided and the comprehensive development of Shulin will be advanced. |
| Shining point of the project |
The first shopping complex in Shulin, NanShan Shulin-Arcade, is a complex of shopping mall and movie theaters in a 14 story (1 basement and 13 floors) building which can satisfy the need for entertainment, culture and consumption of the residents’ life in Shulin in a one-stop location and bring forth the transformation of the commercial area in the vicinity, giving Shulin District a brand new entertainment and shopping space. |
| Development revenue |
Development royalty of 298.09 million dollars with annual commission rate of 7% of the part of the revenue that is over 120% of the revenue) and land rent of 10.33 million dollars |
| Investment amount |
Over 2.168 billion dollars |
| Economic returns |
2.1 billion dollars |
| Job opportunities |
1,000 jobs |
| Management cost saving |
2.62 million dollars |
| Invisible benefit |
Comply with the construction need of local government; develop a commercial zone; effectively increase the efficacy of national land; avoid land from being idle; enhance asset efficiency; augment government treasury |