On August 4, seven batches of land auctions in Shanghai officially began. Among them, residential land in Zhangjiang, Pudong had a planned construction area of 18458.11 square meters, a floor area ratio of 2.2 million yuan, a starting price of 643 million yuan, and a starting floor price of 3,4818 yuan/㎡. The plot attracted 3 bidders to participate in on-site bidding. In the end, MediaTek won the plot with a total price of 816 million yuan, with a floor price of 44,191 yuan/㎡, and a premium rate of 26.92%.

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