Yangzi Evening News, November 1 (reporter Ji Nana) This morning, the results of the third batch of centralized land supply in Wuxi in 2021 were released.
20 parcels were successfully sold in less than an hour's auction time, and no first-class auctions were made, with a total transaction amount of about 27.4 billion.
One word to describe today's soil beat: steady. Starting at 9:30 and ending in almost an hour, each of the 20 parcels found its own "buyer". It is reported that this land auction continues to use the combination of "limited land price + lottery" to determine the final bidder, in addition, continue to clearly limit the "vest" tactics, so that more housing enterprises can have a fair and just opportunity to get land, but also strictly review the source of funds, and clarify the qualification requirements of housing enterprises.
From the results, 20 residential plots, covering a total area of about 1.1374 million square meters, 17 cases of reserve price transactions, 3 cases of premium, the highest starting floor price of 18601 yuan / ㎡, the maximum floor limit price of 19500 yuan / ㎡, including 2 cases in the Economic Development Zone, 4 cases in Liangxi District, 3 cases in Xishan District, 2 cases in Huishan District, 5 cases in Binhu District, 4 cases in Xinwu District, half of which have construction requirements for bidders, such as Renheng East Plot, Longchu No. 2 Plot, Erquan Plot in Liangxi District, etc. All need to be equipped with at least 12,000 square meters of rental housing. In addition, many plots also require the construction of cultural and sports activity rooms, children's recreation grounds, home care service housing, etc., such as Liangxi District Industrial Cloth Factory D Plot, Huishan District Forte North B Plot, etc.
The 3 soil auctions in Wuxi witnessed the ups and downs of different markets in the real estate market in 2021. The market atmosphere was hot at the first soil auction, a large number of tops, extremely hot, and the soil auction time was longer, taking two days; the second soil auction coincided with the cooling of the national real estate, only a pair of land flow auctions, the soil auction time was moderate; the third soil auction, the property market fell significantly, only less than an hour ended.
The reporter found that many of the land parcels traded this time adopt the mode of government-enterprise cooperation and development, and state-owned housing enterprises occupy a large market share in this round of land acquisition, such as Binhu City Investment, etc., in order to hold the group for heating and win-win cooperation.
Proofread by Xu Heng
Source: Purple Cow News