Green City bid 1.215 billion yuan to win a plot of land in Bao'an District, Shenzhen.

date
04/08/2025
Today, Shenzhen released a residential plot of land located in the Xinqiao Street of Bao'an District. The land is classified as residential land type 2, with a planned construction area of 59665 square meters. The starting price was 10.9 billion yuan, with a starting comprehensive floor price of 18269 yuan per square meter. Before the auction started, a total of 4 bidders submitted offers, and after 29 rounds of bidding, the plot was eventually won by Greentown at a price of 12.15 billion yuan, with a transactional comprehensive floor price of 20364 yuan per square meter, representing a premium rate of 11.47%.