On December 14, Shanghai Shimao Real Estate Co., Ltd., a subsidiary of Shimao Group, issued an announcement that it will terminate the sale of houses in Lane 580, Pucheng Road, Shanghai, and will start the aftermath process to handle the cancellation of the house purchase contract for the client and deal with it in accordance with the contract.

In late October, a news that “Shanghai Uncle House sold off the 93 apartments in Lujiazui for 450 million yuan” hit the hot search list on Weibo. According to the news, The houses in Lane 580 (Pucheng Community) Pucheng Road, Pudong New District, Shanghai are indeed on sale, with a total of 110 units. The landlord of these houses is the listed company Shimao Group (00813.HK).

Shanghai Shimao stated in the announcement that it will take the initiative to contact buyers to go through relevant procedures from now on. The staff of Shimao Group told the news that the announcement was made, but there is currently no plan for termination of the contract, and they will consider paying interest compensation to customers who purchase houses.

Shanghai Shimao stated in the announcement that the company’s 110 suites in Pucheng Community began to be sold in October this year, and various rumors appeared online that affected the subsequent process. .

The reporter learned from multiple sources that 39 sets of listings have been signed online, and online signing has been suspended since mid-November. Shimao Group stated to the outside that the company is conducting a self-inspection due to public opinion on the Internet, and it is expected that the self-inspection period will be about three months.

According to news, this batch of houses has been mortgaged to Lujiazui International Trust Co., Ltd. The mortgage period is from January 21, 2020 to January 20, 2022. The amount of bonds For 950 million yuan.

In response to this, Shimao Group responded to the news saying that before the house was sold, it belonged to the company’s fixed assets. Net sign. The owner has been informed when purchasing the house that the house is under mortgage, and the subsequent transfer of ownership can be processed normally after the mortgage is released. A total of 39 houses have been signed online.

Shimao Group stated that the company has conducted multiple rounds of communication with the owner, regarding the owner’s inability to accept the suspension of online signing, at this stage, it accepts the owner’s refund before the transfer time is agreed in the contract. Housing application, agree to go through the check-out procedures and pay the same period LPR interest as compensation.