Nanchang sold a 49-mu residential plot in the Economic Development Zone. Planned
gross floor area 59,087.65 sqm; plot ratio 1.8. Starting land price 4.22 mln
yuan/mu; Jiangxi Xinxiao Real Estate Co. won the site at 5.91 mln yuan/mu,
paying CNY 291 mln in total, a 40.05% premium.