Recently, a villa with an estimated price of more than 200 million yuan in Shenzhen started to be sold at a price reduction of more than 66%. It went on sale because there were no bids. According to the relevant auction information on the Alibaba platform, the property is a real estate property and subsidiary of Building E4, Manfia District, Mission Hills, Shenzhen*. It was disposed of by the Shenzhen Intermediate People's Court of Guangdong Province. The starting price was 667.336.75 million yuan, requiring a security deposit of 13.34 million yuan, and a price increase of 333,000 yuan. This is the 8th auction for this property. In August 2023, the Shenzhen Intermediate People's Court publicly auctioned this property for the first time on the Taobao Judicial Auction Online Platform. The starting price was more than 201 million yuan. At the time, it was known as “the most expensive house sold by law in Shenzhen”. After that, there were seven more wall shoots. Each time, the starting price was drastically lowered, and in the end, they were all filmed because no one bid. The eighth auction was held on December 24, 2025. The starting price was more than 130 million yuan less than the assessed price. According to the auction information, the above property comes from the subject of the auction related to case number Guangdong 03 No. 8796, and was investigated as an asset involved in the “China Science and Technology Innovation Department” case in Shenzhen. According to the China Executive Information Disclosure Network, the execution of the case was carried out by Shenzhen Zhongkechuang Asset Management Co., Ltd.

Recently, a villa with an estimated price of more than 200 million yuan in Shenzhen started to be sold at a price reduction of more than 66%. It went on sale because there were no bids. According to the relevant auction information on the Alibaba platform, the property is a real estate property and subsidiary of Building E4, Manfia District, Mission Hills, Shenzhen*. It was disposed of by the Shenzhen Intermediate People's Court of Guangdong Province. The starting price was 667.336.75 million yuan, requiring a security deposit of 13.34 million yuan, and a price increase of 333,000 yuan. This is the 8th auction for this property. In August 2023, the Shenzhen Intermediate People's Court publicly auctioned this property for the first time on the Taobao Judicial Auction Online Platform. The starting price was more than 201 million yuan. At the time, it was known as “the most expensive house sold by law in Shenzhen”. After that, there were seven more wall shoots. Each time, the starting price was drastically lowered, and in the end, they were all filmed because no one bid. The eighth auction was held on December 24, 2025. The starting price was more than 130 million yuan less than the assessed price. According to the auction information, the above property comes from the subject of the auction related to case number Guangdong 03 No. 8796, and was investigated as an asset involved in the “China Science and Technology Innovation Department” case in Shenzhen. According to the China Executive Information Disclosure Network, the execution of the case was carried out by Shenzhen Zhongkechuang Asset Management Co., Ltd.