On Sept. 15 Zhengzhou sold one residential land parcel in Erqi District. Planned GFA 148,105.7 sq m; plot ratio 2.9. Starting price 918 mln yuan, starting floor price 6,200 yuan/sq m. The site was won by Zhenghong Real Estate for 1.218 bln yuan, impl

2026-09-15

On Sept. 15 Zhengzhou sold one residential land parcel in Erqi District. Planned GFA 148,105.7 sq m; plot ratio 2.9. Starting price 918 mln yuan, starting floor price 6,200 yuan/sq m. The site was won by Zhenghong Real Estate for 1.218 bln yuan, implying a transaction floor price of 8,226 yuan/sq m and a 32.67% premium over the start price.