[Beijing’s first land auction after the New Deal for Existing Homes cooled down significantly, and the on-site bidding for one parcel was suddenly suspended] The JT-629 plot in Tuofangying, Jiangtai Township, Chaoyang, Beijing, and the SY00-2101-2001 and 2002 plots in Wenyu River, Houshayu, Shunyi, ended their online bidding at the same time. The total starting price of the two residential land parcels was 14.592 billion yuan. It was the first high-priced land auction in Beijing since the "Notice on Improving the Commercial Housing Sales System" issued by the Ministry of Housing and Urban-Rural Development and other three departments on August 28. It was regarded by the market as the "first shot of a stress test" in the turn of existing home sales. But unexpectedly, just before the on-site bidding started, trading in the Tuofangying plot was suddenly suspended, and a relevant announcement was posted on the official website of the Beijing Municipal Planning and Natural Resources Commission. The reason has not yet been disclosed. It is understood that the real estate companies registered for the parcel were China Construction Intelligent Land + Swire Properties, China Overseas New City, and China Resources Land. However, only China Overseas New City received a number plate at the scene. (Mijing.com)