Core Insights - The land plot in Chaoyang District, Beijing, was sold to Shoukai Co., Ltd. for a base price of 446 million yuan, with a floor price of approximately 81,000 yuan per square meter [1] - The plot consists of residential land and community service facilities, with a total area of 5,300 square meters and a total construction scale of 7,588 square meters [1] Summary by Sections Land Sale Details - The land plot is identified as CY00-0310-9001 and CY00-0310-9002, designated for R2 residential use and A8 community service facilities [1] - The residential portion covers 2,700 square meters, while the community service facilities cover 2,600 square meters [1] - The residential building area is 5,508 square meters, with a floor area ratio of 2.04 and a maximum building height of 36 meters [1] Market Implications - The limited scale of the plot is expected to yield around 50 high-end residential units, highlighting its unique geographical location and scarcity in the CBD core area [2] - The sale is seen as a test of developers' operational capabilities and product development skills, with the transaction outcome serving as a significant price reference for the high-end residential market in Beijing [2] - The transaction is expected to provide important indicators for future market trends amid a gradually loosening policy environment and increasing market differentiation [2]