A residential property in Shenzhen's Luohu district was sold for over 869 million yuan.

On March 20th, a residential and rail transit combination land parcel in Luohu District of Shenzhen was put up for sale, with a starting total price of 869.17 million yuan and a starting floor price of 22,437 yuan per square meter. In the end, Shenzhen Metro Group Limited won the bid for the parcel at the base price of 869.17 million yuan, with a final floor price of 22,437 yuan per square meter.