Core Insights - A high-profile auction of a property in Shenzhen concluded at a staggering price of 114 million yuan, with a premium rate of 379.6% over the starting price [1][2] - The winning bidder, Qinghe County Qindai Cultural Media Co., Ltd., later defaulted on the purchase, leading to the forfeiture of a 4.75 million yuan deposit [1][5] Property Details - The property is a six-story office building located at Hongling Middle Road, Luohu District, with a total area of 3,332.78 square meters [2] - The starting price was set at 2.377 million yuan, with a market valuation of approximately 33.97 million yuan [2] - The final transaction price was about 3.42 million yuan per square meter, significantly higher than the starting price [2] Auction Dynamics - The auction attracted 34 bidders and involved 450 rounds of bidding, indicating intense competition [1][2] - The rapid increase in bids included one bidder raising the price by 21 million yuan within a minute [2] Legal and Financial Context - The property is linked to a case involving several companies, including Evergrande Group, with a total execution amount of approximately 653 million yuan [3] - The property is mortgaged to China Everbright Bank for a principal debt of 1.15 billion yuan, raising concerns about potential debt recovery risks for the new owner [4] Implications of Default - The default by the winning bidder means the deposit will not be refunded and will be used to cover auction-related costs and potential losses from a lower resale price [5][6] - The property is set for a second auction on July 24, starting again at the original price of 2.377 million yuan, but the market's response remains uncertain [7]
深圳1.14亿法拍房遭悔拍!475万保证金或“打水漂”
Nan Fang Du Shi Bao·2025-06-25 04:37