A residential land parcel in Suzhou was sold at the starting bid price of 1.07B yuan.

On April 22, in Suzhou, a residential land parcel in Wujiang East Taihu Lake Resort Area was auctioned. The land transfer area was 65,833 square meters, with a planned construction area of 78,999.6 square meters. The starting price was 1.07B yuan, and the initial floor price was 13,500 yuan per square meter. Ultimately, Suzhou Wujiang New Wu City Capital Management Co., Ltd. won the land at the starting price of 1.07B yuan. (People’s Financial News)

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