A residential land in Nanjing was sold at a base price of 570 million yuan.

On July 2nd in Nanjing, a residential land parcel in the Qilin area of Jiangning District was auctioned, with a planned construction area of 56,779 square meters and a plot ratio of 2.4. The starting price was 570 million yuan, with a starting floor price of 10,041 yuan per square meter. In the end, Nanjing Science and Technology Innovation Investment Co., Ltd. won the bid for the land parcel at the base price of 570 million yuan.