Ningbo, a plot of land, was sold at a minimum price of 493 million yuan

date
15/06/2026
On June 15th, Ningbo released a parcel of residential land in Zhenhai New Town, covering an area of 54 acres. The planned construction area is 58366.40 square meters, with a plot ratio of 1.6. The starting price was 493 million yuan, and the starting floor price was 8442 yuan per square meter. Ultimately, Greentown successfully bid for the land at the base price of 493 million yuan, with a transaction floor price of 8442 yuan per square meter.