Is Fengdan No.1 a commercial house?

Feng Dan No.1 is located in Taihu New Town (Wujiang), Wujiang, Suzhou. It was built by Suzhou Kaiping Real Estate Development Co., Ltd., with a total construction area of 42,9981m2, a total area of169,970 m2 and 2,524 houses. The residential property company is Greentown Property Management Co., Ltd.

Pinfang refers to houses approved by relevant government departments, developed by real estate development and management companies, and used for sale and rental in the market after completion, including houses, commercial houses and other buildings. It is a house built and sold by a real estate company under the condition of market economy, and can handle the house ownership certificate and the state-owned land use right certificate.