Core Viewpoint - The auction of the LC0306-70 land parcel in the Zhengzhuang area of Liqing District was successfully concluded, with Qingdao Qingtie Industrial Group acquiring it for a floor price of 9,700 yuan per square meter, totaling 304 million yuan, indicating strong interest in the area despite current market adjustments [1][3]. Group 1: Land Acquisition Details - The land parcel covers an area of 18,448.7 square meters with a planned construction area of 31,362.79 square meters, featuring a low-density development plan with a maximum floor area ratio of 1.7 and a green space ratio of at least 30% [1][3]. - Qingdao Qingtie Industrial Group's acquisition marks its first project in Liqing District and the second in the city's four districts, following the successful delivery of Qingtie Star City in the New Central District [5]. Group 2: Market Context and Potential - The East Li real estate market has been heating up, driven by rising living standards and a growing demand for improved housing, making it a hotspot for developers [3]. - The Zhengzhuang area boasts rich ecological resources, including proximity to the "natural oxygen bar" of the World Expo Park and scenic views of the Lichun River and Wolong Mountain, enhancing the residential value of the land [3][5]. - The area benefits from a well-developed transportation network, with major roads and the upcoming extension of Metro Line 2 expected to enhance accessibility by 2026 [5]. - The project is anticipated to introduce high-quality residential options, potentially elevating the living standards in the region and providing more choices for homebuyers in the competitive East Li market [5].