The "Evergrande Hongqiao International" project will be auctioned on August 31, with a starting price of 7.84 billion yuan.

date
06/08/2026
The Alibaba asset platform shows that the land use rights and ongoing construction for the "Evergrande Hongqiao International" project will go up for auction at 10:00 AM on August 31st, with a starting bid of approximately 7.843 billion yuan, a deposit of 400 million yuan, a bid increment of 5 million yuan, and a bidding period of 1 day. The property is located at 979 Shenchang Road, Minhang District, Shanghai, and includes land use rights and ongoing construction. The total area of the land use rights is 92,132.9 square meters, divided into two plots, designated for other commercial services, with a usage period lasting until February 2052. As for the ongoing construction, the project is split into two areas, A and B, with a total of 8 buildings in Area A and 5 buildings in Area B.