Shanghai's Seventh Batch of Centralized Land Supply Raises 30.7 Billion Yuan in 2024

[Shanghai's Seventh Batch of Centralized Land Supply This Year Raises 30.7 Billion Yuan] The seventh batch of centralized land supply in Shanghai for 2024 concluded today. On November 28, Shanghai auctioned off three plots of land with a starting price of 6.364 billion yuan. All three plots were sold at a premium, with a total transaction amount of 7.687 billion yuan. In the land auction on November 27, Shanghai successfully auctioned off seven plots, raising 23.021 billion yuan.

Thus, all ten plots in Shanghai's seventh batch this year were successfully auctioned off, with seven plots sold at a premium and three at the reserve price, raising a total of 30.708 billion yuan.