On August 11, two land sales involving residential land in Beijing were located in Fangshan District and Shunyi District, respectively. The total planned construction area was about 103,200 square meters, with a total starting price of 1,663 billion yuan. In the end, the two parcels sold at an average reserve price. The winners were Power Construction Real Estate and Beijing Yinsheng Panmei, respectively, with a total transaction amount of 1,663 billion yuan.

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