Shenzhen Longhua put up a residential land for sale with a starting price of 1.684 billion yuan.

Shenzhen Municipality announces the public land use rights transfer of state-owned construction land, intending to transfer a residential land in Longhua District through listing, with a starting price of 1.684 billion yuan. The land, identified as plot A802-0309, is located in Minzhi Street, Longhua District, with a land area of 21,820.58 square meters and a construction area of 61,090 square meters. The listing starting price is 1.684 billion yuan, with a starting floor price of 27,566 yuan per square meter. According to the transfer conditions, the residential building area of the land is 59,870 square meters, and the commercial building area is 600 square meters, which can be divided and transferred separately; the ownership of the childcare institution belongs to the government and will be transferred to the successful bidder for free after completion. The land must commence construction within 1 year of signing the "Transfer Contract" and be completed within 4 years. The land will be traded on July 7th.