The Shenzhen government is auctioning five residential sites on Monday. Photo: Roy Issa
The Shenzhen government is auctioning five residential sites on Monday. Photo: Roy Issa
Shenzhen

Shenzhen sells five plots at record prices in biggest land tender since 2001 as investors vie for foothold in Greater Bay Area’s tech hub

  • Logan Property Holdings paid 6.6 billion yuan for the most expensive plot in the Shenzhen tender, while China Overseas Land paid 5.7 billion yuan for the second-costliest plot
  • The combined area of the five plots add up to 170,273 square metres (1.8 million square feet), slightly smaller than Victoria Park in Hong Kong

The Shenzhen government is auctioning five residential sites on Monday. Photo: Roy Issa
The Shenzhen government is auctioning five residential sites on Monday. Photo: Roy Issa
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