$ONDO
Low signalSnapshot Window: 2026-10-04 06:10 UTC · ← Back to Crypto Overview
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
Shanghai's commercial real estate sky is falling... Commercial real estate renewal upon expiration: 40-year apartments, LOFTs—renewal requires paying at least 70% of the benchmark land price as the grant fee. It means: just like a contract liquidation in trading. The house is
AI visual note: The image lists key changes regarding land use right renewals in China, noting that property owners must actively apply (within 3 years before expiration), face a renewal fee of at least 70% of the current benchmark land price (not the original purchase price), are limited to single renewal terms of 5-20 years (cannot renew for the full 40-50 years at once), and may be denied renewal if the land doesn't comply with urban planning. This directly relates to the post's warning about Shanghai's commercial real estate renewal risks, where owners of 40-year apartments and LOFTs face potentially astronomical renewal costs.