Chengdu closed 3 residential land transactions totaling 1.772 billion yuan: two at the base price, and one at a slightly higher price.

On June 20th, Chengdu welcomed 3 more residential land transactions. According to the results, all 3 plots were successfully sold, totaling approximately 1.772 billion yuan in revenue. The 3 plots are located in Xindu District and Shuangliu District, with a total land area of 111,700 square meters and a total planned construction area of 210,200 square meters. One of the plots in Shuangliu District, Dongsheng Street, was sold at a premium. The plot is located in Longqiao Community, Group 3 and 6, with a land area of 25,383.36 square meters and a planned construction area of 45,690 square meters. The starting price was approximately 386 million yuan at a floor price of 8,450 yuan per square meter. There were 2 bidders participating in the auction for this plot, and it was eventually won by Chengdu Xingyihe Real Estate Development Co., Ltd. at a bid price of 9,000 yuan per square meter, equivalent to a total price of approximately 4.11 billion yuan, with a premium rate of 6.51%.