15.4 billion yuan! Two residential plots in Zhengzhou city were sold.

On December 22nd, there were two parcels of residential land sold in Zhengzhou. According to the transaction results, both parcels were sold at the base price, with a total transaction amount of approximately 15.4 billion yuan. The two parcels of land sold this time are located in Guancheng Hui Autonomous District and Jinshui District. The Guancheng Hui Autonomous District parcel was acquired by Zhengzhou Lvjin Real Estate Co., Ltd. at the base price of 3.02 billion yuan. According to Tianyancha information, this company is a subsidiary of Lvdu Real Estate. The land is for urban village renovation projects, and nearby there are schools such as the Innovative Primary School Lanwan Campus and the Hui Autonomous District Hui Min Junior High School Education Group, as well as residential areas like Lvdu Lanwan Yueyuan and Yongwei Xingrenju. The Jinshui District parcel was acquired by Henan Shentai Industrial Co., Ltd. at the base price of 12.41 billion yuan. This company is owned by Henan Jinshui North District Construction Investment Co., Ltd., Luoyang Gaoxin Shentai Real Estate Co., Ltd., and Beijing Vision Scenery Trade Co., Ltd., holding 51%, 39.2%, and 9.8% respectively. The land is also for urban village renovation projects, and nearby there are residential areas like Gucui Yinxiu, Rongchuang Lanyuan, and Jingwei Huayuan.