Is the house in Yuan Meng Jiayuan, Gongjing District, Zigong a 70-year-old commercial house?

Yes According to the information of the sales office of Yuan Meng Jiayuan in Gongjing District, Zigong City, the house of Yuan Meng Jiayuan in Gongjing District of Zigong City is a commercial house with a property right of 70 years. Commercial housing rose in China in 1980s. Refers to the houses, including houses, commercial houses and other buildings, which are developed by real estate development and management companies (renting land use rights from government agencies for 40, 50 and 70 years) with the approval of relevant government departments and then used for market sales and rental.