Is Shimao Canal City Shijiayuan a commercial house?

Yes According to Suzhou Shimao Real Estate Co., Ltd., a residential developer, Shimao Canal City Shijiayuan is a commercial house with a property right of 70 years. Shimao Canal City Shijiayuan, located in Canglang New Town, Suzhou, was built by Suzhou Shimao Real Estate Co., Ltd., with a total construction area of 1.50 million, a total area of 55,000 and 844 houses. The residential property company is Shimao Savills Property Management Company. Commercial housing refers to the residence operated by a qualified real estate development company (including foreign-invested enterprises) after obtaining the land use right through transfer under the market economy conditions.