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

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
Topic |   Shenzhen

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