Total Bids Exceed 3 Billion in Dual Land Auctions, Accelerating Yizhuang New Town’s “Livability and Business-Friendly” Development

BeijingApril 22, 2026 /PRNewswire/ — On April 21, two prime land parcels in the Beijing Economic-Technological Development Area (BDA) were successfully sold, with residential and commercial land transactions completed on the same day. The total transaction amount reached 3.081 billion yuan, representing a “vote of confidence” from the market. This signals another solid step forward for Yizhuang New Town on its path of urban construction towards being a “livable and business-friendly” area.

Parcel 1401-1 in the YZ00-0802 block is designated as R2 Class II residential land, covering an area of approximately 2.59 hectares with a planned construction scale of about 51,800 square meters. This parcel is adjacent to key industrial sectors such as the Rocket Street Industrial Zone and the International BioPark. It offers convenient rail transit, being only about 200 meters from Yinghai Station on Metro Line 8, and benefits from mature supporting facilities. Upon completion, the project is expected to provide around 500 units of high-quality commercial housing, which will further optimize the regional residential supply, enhance living standards for residents, and improve public welfare. As the first residential land parcel sold in the BDA in 2026, this plot went through 54 rounds of bidding, achieving a premium of 106 million yuan with a premium rate of 8.7%, and was finally sold for 1.324 billion yuan. This parcel also became the first residential land plot in Beijing in 2026 to be sold through on-site bidding and to achieve a premium, fully demonstrating the market’s high recognition of Yizhuang New Town’s land auction market and development prospects.

With the strong momentum of spring, the Development and Construction Bureau will leverage the favorable development trend of the BDA to plan and layout in advance, optimize the land supply structure, and precisely meet diverse land demands for residential and industrial purposes. By providing high-quality land supply, it aims to promote the integrated development of industry and the city, continuously enhance Yizhuang’s capacity, attractiveness, and livability, and contribute to the construction of the BDA as an international first-class comprehensive new town for high-end industries.

Share your love
rocky TT
rocky TT

one world one dream

Articles: 2464
0 0 votes
Article Rating
Subscribe
Notify of
guest

0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x