70,000 yuan/square meter! A standalone villa in Shenzhen was auctioned for 364 million yuan, setting a new record for the total price of a single residential property auction in the country

On October 31, according to information disclosed by the JD Judicial Auction Platform, the standalone villa No. 48 in the Pure Water Shore (Phase 12) of OCT in Nanshan District, Shenzhen, was successfully auctioned for a transaction price of 364 million yuan, which is a 69% premium over the starting price of 215 million yuan. The transaction unit price is approximately 570,000 yuan per square meter, setting a new record for the highest total price of a single residential unit in national judicial online auctions. This auction attracted 6 bidders and, after 118 bids, was ultimately won by individual Chen Yingxia