A residential land parcel in Beijing was sold at the starting price of 1.69B yuan.

On March 20th, Beijing auctioned a residential land parcel in Changping District, with a land transfer area of 69,581.74 square meters, a planned construction area of 69,269.56 square meters, and an initial price of 1.69B yuan.
Ultimately, Mingjia Real Estate won the land at the starting price of 1.69B yuan, with a transaction floor price of 24,369 yuan per square meter.

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