On June 12 Wuhan sold a small residential parcel in Donghu High‑tech Zone.
Planned GFA 25,830 sqm, floor area ratio 2.65. Starting price 238.5 mln yuan
(starting floor price 9,233 yuan/sqm). After 23 bidding rounds the lot was won
by Wuhan Dingyuan Real Estate Development Co. for 288.5 mln yuan, implying a
floor price of 11,169 yuan/sqm and a premium of 20.96%.