A residential land parcel sold for a record price in Shenzhen a day after the Chinese central bank and regulators unveiled a sweeping plan to spur financial services and investments in the Greater Bay Area (GBA).Logan Property Holdings, the record holder for the most expensive land bought in Shenzhen, surpassed itself by forking out 11.6 billion yuan (US$1.63 billion) for a plot that can yield 183,000 square metres (1.97 million square feet) in gross floor area, topping the reserve price by 45…
Source : South China Morning Post
Read more…Logan Property pays US.63 billion to refresh Shenzhen’s real estate price record with furious bidding in Qianhai district















