Is Tancheng Bookstore Mansion Phase III a big property right?

Yes Tancheng Bookstore Mansion Phase III was developed and constructed by Shandong Tancheng New Oriental Real Estate Co., Ltd., with a total area of 100 mu and a total construction area of130,000 square meters. * * * There are 28 residential buildings under construction, including multi-storey 14 and high-rise 14. The property right of this project is 70 years.