The residential land in Jiading, Shanghai was sold at a base price of 1.204 billion yuan.

On August 4, the seventh batch of land auctions in Shanghai officially began. Among them, the residential land in the main urban area of Jiading has a planned construction area of 66,163.94 square meters, a plot ratio of 2.0, and a starting price of 1.204 billion yuan, with a starting floor price of 18,200 yuan/square meter. Ultimately, Greentown acquired the land parcel at the base price of 1.204 billion yuan.