China Index Academy: Total starting price of residential-related land parcels to be auctioned in 8 key cities in November exceeds 76.8 billion yuan.

Data from the China Index Academy shows that in November, all four first-tier citiesBeijing, Shanghai, Guangzhou, and Shenzhenhave land transfer arrangements. Among second-tier cities such as Hangzhou, Chengdu, Wuhan, and Nanjing, not only are multiple residential plots being transferred, but each also has high-quality residential plots in core areas. Within the jurisdiction of the aforementioned eight cities, 116 residential-related land parcels will be transferred, with a total starting price exceeding 76.8 billion yuan.