Wuhan Sells 10 Residential Plots for 4.69B Yuan, Top Premium 62.27%

The split outcome — nine parcels at reserve price, one at a 62.27% premium — points to a land market where selective competition coexists with broad caution, rather than uniform demand. For local governments reliant on land sale revenue, the gap between the 4.12 billion yuan starting total and the 4.69 billion yuan result shows the upside came from a single site, not the batch. Whether that concentration is a one-off or a pattern in Wuhan's land auctions is the open question worth tracking.