Two residential land parcels in Wuhan sold at the reserve price, with total transaction value of 425 million yuan.

On October 30, two residential land parcels in Wuhan were sold, both ultimately won by Wuhan Junshan Kerong Urban Development Co., Ltd. at the reserve price, with a total transaction amount of 425 million yuan for the parcels, and transaction floor prices of 2,050 yuan per square meter and 2,100 yuan per square meter, respectively.