Suzhou New District Residential Land Sold for 630 Million Yuan to Real Estate Group

A Residential Land Parcel in Suzhou New District Sold for 630 Million Yuan

A residential land parcel in Suzhou New District was successfully sold after two rounds of bidding. The parcel was acquired by Suzhou New District Real Estate Group Co., Ltd. for 631.29 million yuan, with a premium rate of 0.8%. According to the land information, the parcel, numbered Su Di 2025-WG-Z06, is located west of Binhe Road and north of Hengshan Road in the Shishan Business Innovation Zone of the New District. The land is designated for urban residential use, retail commercial use, catering, business and financial use, hotel use, and rail transit use, with a total area of 26,231.9 m².