Zhengzhou residential land premium of 17.72% deal completed

On August 27, Zhengzhou auctioned off 1 piece of residential land in Guancheng district, with a total land area of 36,353.23 square meters and a planned construction area of 90,883.08 square meters, with a plot ratio of 2.5. The starting price was 361 million yuan, with a starting floor price of 3,974 yuan per square meter. In the end, Henan Yili Real Estate Co., Ltd. won the bid for the land at a total price of 425 million yuan, with a transaction floor price of 4,678 yuan per square meter, at a premium rate of 17.72%.