Beijing Land Auction | Mingjia Real Estate Acquires Changping Nanshao Low-Density Land Parcel at a Starting Price of 1.688 Billion Yuan

On March 20th, according to Beijing Regulatory and Self-Development Committee, Mingjia Real Estate, a state-owned enterprise in Changping District, won the land for the Zhongguancun Science Park Changping Park East Phase IV joint reserve development project in Changping District, Beijing, with a starting price of 1.688 billion yuan. The project includes first-class residential land plots CP00-1201-0013, 0015, 0016, and 0039, as well as land for kindergartens, with a floor price of approximately 26,000 yuan per square meter. Among them, three residential plots cover about 65,400 square meters, with a plot ratio of 1.01, a height limit of 18 meters (some areas up to 24 meters). The plots are located outside the Sixth Ring Road in Nanshao Town, Changping, backing onto Zhongguancun Science Park Changping Garden, surrounded by water on three sides, with a beautiful environment. Nearby amenities include Lujing World Plaza, Baifuquan Park, and other facilities, making it suitable for developing low-density luxury residences.