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On September 28, Shanghai sold 4 parcels of land in ten batches. Among them, the land concession area for residential use in Yangpu District was 18557.31 square meters, the planned construction area was 44537.54 square meters, the floor area ratio was 2.4, the starting price was 2,405 billion yuan, and the starting floor price was 5,3988 yuan/㎡. The plot attracted a total of 5 bidders to participate in the live auction. After 109 rounds of bidding, China Merchants Shekou and Nanshan Consortium finally won the plot with a total price of 2.92 billion yuan. The floor price was 65,574 yuan/㎡, and the premium rate was 21.46%.
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On September 28, Shanghai sold 4 parcels of land in ten batches. Among them, the land concession area for residential use in Yangpu District was 18557.31 square meters, the planned construction area was 44537.54 square meters, the floor area ratio was 2.4, the starting price was 2,405 billion yuan, and the starting floor price was 5,3988 yuan/㎡. The plot attracted a total of 5 bidders to participate in the live auction. After 109 rounds of bidding, China Merchants Shekou and Nanshan Consortium finally won the plot with a total price of 2.92 billion yuan. The floor price was 65,574 yuan/㎡, and the premium rate was 21.46%.
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