In Wenzhou, a residential plot of land was sold at a premium of over 40%.

On May 12th, Wenzhou auctioned a residential land in Xianyan Street, Ouhai District. After 22 rounds of bidding, it was finally won by Wenzhou Huaxi Real Estate Development Co., Ltd. with a bid of 219 million yuan, with a transaction floor price of 8836 yuan per square meter, a premium rate of 40.38%.