Shanghai's 6 residential land plots were sold for 19.877 billion yuan, with the highest floor price reaching 148,500 yuan per square meter

Zhitong
2025.10.20 07:24

On October 20th, Shanghai auctioned 6 residential land plots, attracting more than 20 companies to participate in the bidding. Ultimately, 3 plots were sold at a premium and 3 at the reserve price, with a total transaction amount of 19.877 billion yuan. Among them, the Xuhui Riverside plot was won by China Overseas with a total price of 4.465 billion yuan, with a transaction floor price of 148,503 yuan/sqm and a premium rate of 10%; the Yangpu East Bund plot was won by POLY PROPERTY with a total price of 2.612 billion yuan, with a transaction floor price of 69,958 yuan/sqm and a premium rate of 14.69%; the Jing'an Suhe Bay plot was won by a consortium of Xing Lion, Ruicheng, Yuexiu, and China Merchants Shekou with a total price of 7.737 billion yuan, with a transaction floor price of 81,415 yuan/sqm and a premium rate of 9.03%

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