TREE NEWS update: Beijing’s first land auction after the Aug 28 property policy easing saw CR Land secure a low-density residential site in Shunyi’s Houshayu town after more than 170 bidding rounds, for 8.3 billion yuan. Meanwhile, the Chaoyang Jiangtai plot slated for the same day was suspended before bidding.
Beijing Land Sale: CR Land Wins Shunyi Plot for 8.3B Yuan
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