"Beijing Fengtai residential land premium of 15.65% in transaction."
On June 18, Beijing auctioned a piece of residential land in Fengtai District. Four real estate companies participated in 148 rounds of bidding, and Xiamen Guomao finally won the land with a total price of 1.1947 billion yuan. The deal was made at a floor price of 56,677 yuan per square meter, with a premium rate of 15.65%.
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