价值500亿全国“地王”抢先看，周边尽是“日光”豪宅

Core Viewpoint - The newly emerged "national total price king" land parcel in Xuhui District, priced at 52.3 billion yuan, has set a record for land transactions in mainland China, surpassing previous records held by Hong Kong developers [1][13]. Summary by Sections Land Parcel Overview - The land parcel consists of three sub-parcels and is located in the core area of Xuhui, close to the East An Road subway station and major institutions like Fudan University Affiliated Tumor Hospital [6][8]. - The total area of the land is approximately 160,000 square meters, with a total construction area of 600,000 square meters, including 420,000 square meters designated for residential use [8][12]. Historical Context - The land's history dates back to the 1950s when it was developed as worker housing, and it underwent the largest single land acquisition in Shanghai's history in 2024, involving over 6,000 households [10][12]. Pricing and Market Impact - The total selling price of the three parcels reached 52.3 billion yuan, breaking the previous record of 31.05 billion yuan set by Hong Kong Land in 2020 [13]. - The floor prices for the residential parcels are 124,100 yuan and 126,000 yuan per square meter, which are competitive compared to recent market prices, indicating potential for high future valuations [8][12]. Future Development - The final developer for the land is yet to be determined, with speculation that it may involve a collaborative development model due to the project's scale [15]. - Major real estate companies, including state-owned enterprises, are expected to be in contention for the development rights, with a decision anticipated by the end of July 2025 [15].