Beijing Land Auction | Shoukai wins the city sub-center 0703 district plot at the starting price of 1.769 billion yuan

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On April 2, according to a notice from the Beijing Municipal Commission of Urban Planning and Natural Resources, Beijing Capital Land opened with a floor price of 1.77B yuan to acquire the FZX-0703-6031 and FZX-0703-6032 parcels in the 0703 block of Beijing’s urban sub-center. The floor area price is approximately 19.8k yuan per square meter. This parcel has a land-use area of about 4.26 hectares, with a planned above-ground construction area of about 92.4k square meters and a plot ratio of 2.3. The parcels are located in Songzhuang Subdistrict of Tongzhou District, outside the Sixth Ring Road. Nearby are educational and living support facilities such as Beijing No. 11 School Tongzhou Experimental School, the Anzhen Hospital under construction (Tongzhou branch), the affiliated Children’s Hospital of the Capital Institute of Pediatrics, Capital Land Tongzhou Vientiane City, Hualian Shopping Center (Liuhe Xincun store), and Lucheng Central Park, among others.

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