A residential land parcel in Changsha was sold at nearly a 13% premium.

2026-03-12 19:06:36

On March 11, Changsha held a land auction for one residential plot, with a land transfer area of 10,540.54 square meters, a planned construction area of 29,513.51 square meters, an initial price of 162 million yuan, and an initial floor price of 5,503 yuan per square meter. After 13 rounds of bidding, the consortium of Yongzhou Zishui Blueprints Consulting Co., Ltd., Yongzhou Hemu Project Management Co., Ltd., and Yongzhou Renhe Xianju Real Estate Development Co., Ltd. won the land with a total price of 183 million yuan, a transaction floor price of 6,216 yuan per square meter, and a premium rate of 12.97%.

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