The fifth round of residential land auctions in Shanghai in 2025 has concluded successfully, witnessing the sale of all six plots. The initial aggregate pricing stood at 19.247 billion yuan, whereas the final transaction tally soared to 21.257 billion yuan, reflecting a premium of 2.01 billion yuan. Notably, the Pudong Caolu mixed-use commercial and residential plot fetched a remarkable premium rate of 41.68%, establishing a new benchmark as the highest premium rate since the implementation of Shanghai's "double high and double competition" land auction regulations.