In The premium for the residential land in Qianhai Guwan, Shenzhen, reached 86.1% at the transaction.

On July 14th, a residential land in the Qianhai Guiwan area of Shenzhen was auctioned off. After 158 rounds of bidding, it was finally won by Shenzhen Zhaorong Property Co., Ltd. with a total price of 2.155 billion yuan. The transaction price was 84,180 yuan per square meter, with a premium rate of 86.1%. This transaction price set a new record for the transaction price of residential land in Shenzhen.