Shanghai's first land auction of 2026 raises 4.57 billion yuan; Yuexiu Property secures plot in Pudong New Area
On January 6, the tenth batch of residential land parcels scheduled for auction in Shanghai in 2025 officially went on the market. It is reported that this batch consists of only two residential plots, located in Pudong New Area and Minhang District, respectively. The total land area of the two plots is 8.92 hectares, with a total floor area of approximately 127,000 square meters, and a starting price of 4.57 billion yuan. First, Plot E04B-10 in Unit Y00-0402 of Pudong New Area had a starting bid of 2.561 billion yuan and a deposit requirement of 512 million yuan. It was ultimately acquired by Yuexiu Property at the reserve price of 2.561 billion yuan, with a premium rate of 0%, with a transaction price per square meter of 38,000 yuan. Second, a plot in Minhang District was sold as a combined lot with a starting price of 2.009 billion yuan. It was ultimately successfully acquired by Zizhu Real Estate Group at the reserve price, with a transaction price per square meter of 33,400 yuan. (Viewpoint.com)
Source:富途快讯 · Source Link
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