In Wuhan, a residential land parcel was sold with a premium of nearly 30%.

On December 26, there were 12 residential land plots auctioned in Wuhan, with one plot sold at a premium and the other 11 sold at the base price. The total transaction amount was 3.126 billion yuan. Among them, a residential land plot in Wuchang District attracted 8 real estate companies to participate in the bidding. After 48 rounds of bidding, Hubei Poly Investment Co., Ltd. won the bid with a total price of 1.0201 billion yuan, with a transaction floor price of 19,505 yuan/square meter, and a premium rate of 29.93%.