Greentown China acquired a residential plot in Zhoupu, Pudong, Shanghai for 920 million yuan, with a floor price of 33,657 yuan per square meter.

On June 30, the fifth batch of land parcels in Shanghai this year entered the on-site bidding stage. Among them, the 07-07 plot in the surrounding area of Zhoupu Station on Line 16 in Pudong New Area attracted six bidders. After 89 rounds of bidding, Greentown China (03900.HK)'s subsidiary Greentown Real Estate Group Co., Ltd. won the bid with a total price of 922 million yuan, with a floor price of 33,657 yuan per square meter and a premium rate of 19.90%. (The Paper)
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