A residential land in Chengdu sold at a premium of 19.52%

On September 25th, a residential land parcel in Chengdu's Jinjiang District was sold, with a total land area of 12,470.45 square meters, a planned building area of 31,176.12 square meters, a floor area ratio of 2.5, an initial floor price of 21,000 yuan per square meter, and a starting price of 655 million yuan. The parcel attracted four bidders: Guomao Real Estate, China Overseas Property, Jinjiang Unified Construction, and C&D INC. The final bid was won by Guomao Real Estate at a floor price of 25,100 yuan per square meter, with a total transaction price of 783 million yuan and a premium rate of 19.52%