A residential land in Nanchang was sold at a premium of 18.75%.

On April 22nd, a residential land in Donghu District, Nanchang was auctioned off. The land area is approximately 43.54 acres, with a planned construction area of 52,251.48 square meters. The starting land price was 479.88 million yuan per acre, totaling 2.09 billion yuan, and the starting floor price was 3999 yuan per square meter. Jiangxi Bangyu Real Estate Co., Ltd. ultimately won the bid for the plot at 569.88 million yuan per acre, totaling 2.48 billion yuan, with a transaction floor price of 4749 yuan per square meter and a premium rate of 18.75%.