Ningbo one residential land parcel sold at a starting price of 633 million yuan

People’s Financial News, March 17 — On March 17, a residential land parcel in Haishu District, Ningbo, was auctioned. The land area was 35,336 square meters, with a planned construction area of 56,537.6 square meters, and a floor area ratio of 1.6. The starting price was 633 million yuan, with an initial floor price of 11,197 yuan per square meter. Ultimately, Ningbo Zhaoyuan Real Estate Development Co., Ltd. won the land at the starting price of 633 million yuan, with a transaction floor price of 11,197 yuan per square meter.

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