"Jinan: 1 residential land transaction involving a premium of 24.52%."
On June 12th, Jinan auctioned off a small residential parcel in the Liuxia district, with a planned construction area of 26,242.10 square meters, a plot ratio of 2.9, a starting price of 310 million yuan, and a starting floor price of 11,812 yuan per square meter. After 39 rounds of bidding, Greentown won the bidding for the land parcel with a total price of 386 million yuan, with a transaction floor price of 14,708 yuan per square meter, representing a premium rate of 24.52%.
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