Beijing Land Auction | Mingjia Real Estate Acquires Changping Nanshao Low-Density Land Parcel at a Starting Price of 1.688 Billion Yuan

On March 20th, according to Beijing Regulatory and Self-Development Committee, Mingjia Real Estate, a state-owned enterprise in Changping District, won the land use rights for the Phase Four joint reserve development project in Zhongguancun Science Park Changping Park East Area with a starting price of 1.688 billion yuan. The project includes land parcels CP00-1201-0013, 0015, 0016, and 0039, designated for second-class residential use and kindergarten, with a floor price of approximately 26,000 yuan per square meter. Among them, three residential land parcels cover about 65,400 square meters, with a plot ratio of 1.01, a height limit of 18 meters (some areas up to 24 meters). The land is located outside the Sixth Ring Road in Nanshao Town, Changping, backing onto Zhongguancun Science Park Changping Park, surrounded by water on three sides, offering a beautiful environment. Nearby amenities include Lujing World Plaza and Baifuquan Park, making it suitable for developing low-density luxury residences.