Intense battle of 40 rounds with a 39% premium: 8 real estate companies from Changsha compete fiercely for a "treasure land parcel"

date
26/06/2026
On the morning of June 26th, the C5 plot located in the Yue Lu Binjiang area of Changsha started bidding. Due to major optimization of several core planning parameters, this plot, as a high-value plot in the Yue Lu Binjiang area, had a rare frenzy in the Changsha land market in recent years. After fierce bidding by 8 real estate companies including Poly, China Resources, China Merchants Group, Jianfa, Jiaxin, Damei, Bangtai, and Dream, the C5 plot was ultimately won by Jiaxin Real Estate with a total price of 1212.42 million yuan, at a transaction floor price of 10,841 yuan/square meter, with a premium rate of 39%.