Shanghai's three batches of land auctions: China Construction Eighth Bureau and CCCC Real Estate Group win the bidding for residential land in Putuo District with a minimum price of 3 billion yuan.

In the three batches of land auctions in Shanghai, China Construction Eighth Bureau and China Merchants Shekou Consortium won the bid for the W060401 Unit A17B-01 land parcel in Putuo District at a base price of 3.029 billion yuan. The floor price is 62,077 yuan per square meter, with a minimum decoration standard of 5,000 yuan per square meter. The project has a land area of 19,518 square meters, a plot ratio of 2.5, a building area of 48,795 square meters, and a height limit of 80 meters.