Is Gu Xiang Ercun a commercial house?

No.2 Gu Xiang Village is located in Hecheng Road, Xiangcheng District, which is a residential area planned and developed by Xiangcheng District Demolition Office. The property type is apartment, resettlement house, not commercial house. Commercial housing rose in China in 1980s. It refers to the houses developed by real estate development and management companies (individuals and foreign companies) with the approval of relevant government departments, which have obtained land use rights for 40, 50 and 70 years from government agencies. After completion, it will be used to sell leased houses in the market, including houses, commercial houses and other buildings.