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A residential land parcel in Luohu District, Shenzhen was sold for over 869 million yuan
People’s Financial News, March 20 — On March 20, a residential land parcel in Luohu District, Shenzhen, was auctioned. The land combines residential use and rail transit land. The starting total price was 869.17 million yuan, with an initial floor price of 22,437 yuan per square meter. Ultimately, Shenzhen Metro Group Co., Ltd. won the land at the starting price of 869.17 million yuan, with a transaction floor price of 22,437 yuan per square meter.