Why is the property right of Yantai’s famous mansions limited to 50 years?

Yantai Mingshi Haoting’s 50-year property rights are the emergence of comprehensive land and residential projects on land, and there are also residences with 50-year property rights. Due to the immaturity of real estate development and the small number of residents, there is still no good business atmosphere. Most developers will adopt alternative methods. Some projects do not fully comply with the restrictions on the nature of land control regulations in terms of product planning, and their functions are biased toward residential functions. , combined with market effects, resulting in the emergence of comprehensive land use, residential projects on land, and residences with 50-year property rights. The Yantai Mingshi Palace project is developed by Yinfeng Investment Company. The project is located on the west side of the Wal-Mart Plaza on South Street and in the Haigang Road business district. It consists of two twin tower buildings. After the project is completed, it will become an important symbol on Yantai South Street. sexual architecture.