One residential plot in Zhengzhou sold at a 20.81% premium.
On November 4, a residential plot in the Jindai subdistrict of Guancheng District in Zhengzhou was sold. The land parcel has a site area of 23,453.16 square meters, a planned gross floor area of 58,632.9 square meters, a floor area ratio of 2.5, a starting price of 231 million yuan, and a starting floor price of 3,934 yuan per square meter. In the end, Xingrui Real Estate won the plot with a total price of 279 million yuan, at a transaction floor price of 4,752 yuan per square meter, a premium rate of 20.81%.
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