In the morning, Shanghai's five batches of land auctions received approximately 14.3 billion yuan.

date
19/06/2025
In Shanghai, a total of 6 plots of land were auctioned in five batches, with a total starting price of 19.25 billion yuan. By the end of the morning session, approximately 14.3 billion yuan had been collected. Three plots of land were sold at the base price or at a low premium, with Dahua acquiring the Qingpu plot at a base price of 3.0528 billion yuan. China Construction Eighth Bureau acquired the Baoshan Dachang plot for 8.195 billion yuan, with a premium rate of approximately 1.1%. Poly Development acquired the Minhang Zhuangqiao plot for 3.14 billion yuan, with a premium rate of 12.95%.