Nanjing Sells 14 Residential Plots for 9.164B Yuan, Top Premium 46.12%

The split outcome is the signal: eleven of fourteen parcels clearing at reserve price shows demand remains highly selective, with competition concentrated in a narrow set of plots rather than broad-based appetite. The bidding intensity on the Jiangning Science Park and Baijiahu sites — hundreds of bids each — points to developers prioritizing specific locations even as the wider auction stays flat. For land-finance watchers, the open question is whether this premium clustering reflects genuine confidence in those districts or simply scarcity of attractive supply.