Wuhan: One residential land transaction exceeds a 20% premium.
On June 12th, Wuhan auctioned off a small residential land in the Donghu High-tech Zone, with a planned construction area of 25,830 square meters, a plot ratio of 2.65, a starting price of 238.5 million yuan, and a starting floor price of 9233 yuan per square meter. After 23 rounds of bidding, Wuhan Dingyuan Real Estate Development Co., Ltd. finally won the bid with a total price of 288.5 million yuan, a transaction floor price of 11,169 yuan per square meter, and a premium rate of 20.96%.
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