A residential land in Yongkang, Zhejiang Province was sold at a premium of 21.54%.

On June 17, Yongkang City, Zhejiang Province successfully auctioned off a residential land parcel. According to the transaction result, Zhejiang Hualei Real Estate Development Co., Ltd. won the land parcel with a total price of 158 million yuan, with a premium rate of 21.54%. The information of the land parcel shows that the land parcel D-5 in Jintaroad Street district of Dongcheng Street, Yongkang City is designated for residential use, with a land area of 11,875.04 square meters and a planned construction area of 14,250.048 square meters. The starting price for the land parcel was 130 million yuan. After 29 rounds of bidding, it was won by Zhejiang Hualei Real Estate Development Co., Ltd., with a final transaction price of 11,088 yuan per square meter, with a premium rate of 21.54%.