Shanghai century-old western-style house auctioned for 270 million yuan.

On May 27th, a foreclosed property in Shanghai was sold for a total price of 270 million yuan, with a transaction price as high as 50,460 yuan per square meter. According to Ali Judicial Auction Network, this foreclosed property is located at No. 30, Lane 329, Xinhua Road, Changning District, Shanghai. The total construction area of the property is 535 square meters, with the main building consisting of three above-ground floors and a total construction area of 427 square meters, and the auxiliary building consisting of two above-ground floors and a total construction area of 108 square meters. The starting price for this garden residence was as high as 250 million yuan, equivalent to a price of 46,730 yuan per square meter.