In Nanjing, a piece of residential land was auctioned off in 226 rounds, with the final transaction price exceeding 25% of the starting price.

date
30/04/2025
On April 30th, there were 19 residential land plots sold in Nanjing, with 2 plots sold at a premium and the rest sold at the base price, resulting in a total transaction amount of 10.634 billion yuan. The most anticipated land plot in Jianye District went through 226 rounds of bidding, and was eventually won by China Merchants Property Development Co., Ltd. for 3.204 billion yuan, with a transaction floor price of 45,053 yuan per square meter, a premium rate of 25.65%.