Qingdao: A rare gold land plot was sold for 841 million yuan, with a premium rate of 0.61%.

On September 12, the Yuanding plot west of Nanjing Road and south of Liaoyang West Road in the Beilun district of Qingdao was sold. The plot is about 40 acres with a floor area ratio of 2.4. It was competitively bid on by two companies, and ultimately won by Qingdao Boliye Real Estate Co., Ltd., a subsidiary of China Overseas Land & Investment Ltd., at a transaction price of 13,180 yuan per square meter and a total transaction price of 841 million yuan, with a premium rate of 0.61%. The plot is located in the core area of the Beilun CBD, with superior location, convenient transportation, mature facilities, and can meet various needs of residents for daily life and leisure entertainment. The scarcity of the location is irreplaceable, suitable for building a low-density high-quality community, and is expected to become a rare high-end improvement benchmark for residential areas in the area.