Shanghai Pudong Zhangjiang residential land sold at a premium of 26.92%.

On August 4th, the eighth batch of land auctions in Shanghai officially began. Among them, the residential land in Zhangjiang, Pudong has a planned construction area of 18,458.11 square meters, a plot ratio of 2.2, and a starting price of 643 million yuan, with a starting floor price of 34,818 yuan per square meter. This land parcel attracted three bidders to participate in the on-site auction, and finally, Lianfa Group won the parcel with a total price of 816 million yuan, achieving a transaction floor price of 44,191 yuan per square meter, with a premium rate of 26.92%.