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Beijing land auction splits as Shunyi plot fetches 17.37% premium

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  • Beijing suspended the JT-629 parcel after only China Overseas Xincheng took a bidding paddle.
  • 8.299 billion yuan represented a 17.37% premium for the Shunyi Wenyu River plot.
  • Five agencies issued August 28 documents establishing completed-home sales, project-company and lead-bank frameworks.
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