A residential land in Chongqing was sold at a minimum price of 549 million yuan.

On March 20th, a residential land in Chongqing High-tech Zone was auctioned off, with a land area of 84,612.31 square meters and a planned construction area of 109,996.00 square meters. The starting price was 549 million yuan, with a starting floor price of 4,990 yuan per square meter. In the end, Chongqing Fengming Yunqi Zhi Di Co., Ltd. won the bid for the land at the base price of 549 million yuan.