OCT Porto Fino
Shenzhen, China. Unbranded. The mainland's highest published home price, set by a court.
RMB 365 million at a judicial auction in November 2025 — a 639.35 square metre villa in Phase 12, about RMB 570,000 per square metre, after a hundred and eighteen rounds of bidding between six bidders. It beat the previous national auction record, a Shanghai villa at RMB 315 million in 2021.
It had been bought new in 2010 for RMB 188 million. The auction nearly doubled that in fifteen years — and the price was established by a court process rather than by a broker, which makes it the best-evidenced single-home number the register holds on the mainland.
Sixteen phases at Porto Fino (華僑城純水岸) and only forty-eight detached villas. The previous Shenzhen auction record, also here, was RMB 232 million in July 2024.
Who it is not for
Not for a reader treating auctions as the market: a forced sale with six bidders is a specific event, not a valuation. Not for a buyer — the process is closed and the villa is sold.
Sources
- 潮新聞 and Phoenix Property — RMB 365m, November 2025, 639.35 sqm, about RMB 570,000/sqm, 118 rounds, six bidders
- Bought new in 2010 for RMB 188m; previous national auction record RMB 315m (Shanghai, 2021); previous Shenzhen record RMB 232m (July 2024)
Verification
- Official source
- Not yet checked
- Inventory
- From official source
- Property confirmation
- Pending
- Last verified
- —
Booking
Private Residences records addresses; it does not broker them. Enquiries are passed to the party named in the record, and nothing on this site is an offer.
Make an enquiryClassified by The Resort Collection House · Edition 2026 · PR-D-216