In Yiwu, a residential land transaction was completed with a premium of 26.87%.

On November 14th, Yiwu put up a land parcel in Suxi Town for sale, with the land use intended for urban residential and commercial purposes. The total land area is 4760.48 square meters, with a planned building area of 41425.15 square meters, a plot ratio of 2.5, a building height limit of 24 meters, a starting price of 85.6 million yuan, and a starting floor price of 7492 yuan per square meter. After 45 rounds of bidding, the parcel was finally acquired by Zhejiang Hengda Holdings Co., Ltd. for nearly 110 million yuan, with a transaction floor price of 9505 yuan per square meter, representing a premium rate of 26.87%.