Ningbo: One residential land sold at a minimum price of 633 million yuan.

On March 17, in Ningbo, a piece of land in Haishu District was auctioned off, with a land area of 35336 square meters and a planned construction area of 56537.6 square meters, a plot ratio of 1.6. The starting price was 633 million yuan, with a starting floor price of 11197 yuan per square meter. Ultimately, Ningbo Zhaoyuan Real Estate Development Co., Ltd. won the bid for the land at the base price of 633 million yuan, with a final floor price of 11197 yuan per square meter.