The total transaction volume of the fifth batch of land auction in Shanghai exceeds 21.2 billion yuan, with 5 out of 6 plots being sold at premiums.

date
20/06/2025
The fifth batch of residential land in Shanghai in 2025 was successfully auctioned on June 20th. According to the Shanghai Planning and Natural Resources Administration, the six plots of land in this round were open for bidding on June 19th and 20th, and all transactions have been completed. The initial total price was 19.247 billion yuan, the final transaction price was 21.257 billion yuan, with a premium of 2.01 billion yuan. It is worth noting that out of the six plots of land in this batch, five were sold with a premium, and one plot of land in Pudong's Caolu commercial and residential combination achieved a premium rate of 41.68% in the second round of bidding, reaching a final price of 21.004 billion yuan, secured by Lianfa Real Estate. This also became the residential land with the highest premium rate since the implementation of the "double high, double bidding" land auction new rules in Shanghai in August 2024, surpassing the premium rates of over 40% achieved by the Longhua, Yansi, and Beicai plots of land.