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How long is the property right of Shenzhen New World Building?

Property right period of Shenzhen New World Building: 50 years. The land use right of ordinary civil houses is 70 years, and that of commercial houses is 40 years.

New World Building is located in Kaiser New World Building, Shaibu Road (Luohu District), developed by Kaiser Urban Renewal Group (Shenzhen) Co., Ltd., and the property company is Kaiser Property. Property type: commercial and residential, decoration: fine decoration, partially hardcover.

The New World Building is for sale.