economyDevelopingUpdated 9 h ago · since 21 Sept 2026

Shanghai concludes ninth batch of residential land auctions with total transactions of about 12.9 billion yuan

According to 36Kr, Shanghai concluded the ninth batch of residential land auctions for 2026 with total transactions of about 12.9 billion yuan. Three parcels were sold, with the Pudong Jinqiao parcel won by CITIC Pacific for about 19.72 billion yuan and a premium of 29.65%; Zhang Wenjing of the China Index Academy Shanghai Data said developers are adopting a cautious stance due to funding pressure and development timelines. The report notes that the Pudong Jinqiao parcel drew more market attention due to its low total price and low plot ratio.

2 sources1 country2 articles2 independent outletsSource strength 34/100 ⓘ
Shanghai concludes ninth batch of residential land auctions with total transactions of about 12.9 billion yuan
coda.news analysis

Key facts

  1. 01Three parcels were sold in the batch.
  2. 02Total land transaction value was about 12.9 billion yuan.
  3. 03Pudong Jinqiao parcel was won by CITIC Pacific for about 19.72 billion yuan with a 29.65% premium.
  4. 04Zhang Wenjing (Shanghai Data, China Index Academy) commented on cautious land-purchase attitude due to funding and development timelines.

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