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Ningbo Haishu Residential Land Sold at Reserve Price of 353 Million Yuan, Won by C&D and Huicheng Century Consortium
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On September 21, Ningbo city sold a residential land parcel in the Haishu district at the reserve price. The land has a total area of 25,072 square meters (37.61 mu), with a planned floor area of 40,115.2 square meters and a floor area ratio of 1.6. The starting price was 353 million yuan, with a starting floor price of 8,796 yuan per square meter. A consortium formed by C&D and Huicheng Century won the bid at the reserve price of 353 million yuan. The transaction reflects a stable land market in Ningbo with no premium paid above the starting price.
Source report
September 21 – A residential plot in Ningbo's Haishu District was sold at its reserve price on September 21, according to a report from People's Financial News.
The land parcel covers an area of 25,072 square meters (equivalent to 37.61 mu), with a planned gross floor area of 40,115.2 square meters. The floor area ratio is 1.6.
Key details of the transaction:
- Starting price: 353 million yuan
- Starting floor price: 8,796 yuan per square meter
- Winning bidder: A consortium of C&D and Huicheng Century
- Final transaction price: 353 million yuan (reserve price)
Source
证券之星-证券要闻Eastern
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