Core Viewpoint - The land parcel in Gaoping City, Shanxi Province, is being re-offered at a higher starting price after failing to sell in a previous auction, which is an unusual trend in the real estate market [1][6]. Group 1: Land Parcel Details - The land parcel is located at the intersection of Jinhua Street and Shennong Road in Gaoping City, covering an area of 64,229.26 square meters, designated for residential and commercial use [3]. - The starting price for the re-offered land is set at 30,615 million yuan, with a deposit requirement of 8 million yuan, and the bidding process is scheduled to begin on November 28 [3]. - The previous auction for this land took place from October 21 to November 4, with an initial price of 20,058 million yuan, resulting in a failure to sell [6]. Group 2: Market Context - Gaoping City is under the jurisdiction of Jincheng City, with a total area of 946 square kilometers and a population of approximately 442,198 as of December 2024 [9]. - Recent land sales in Jincheng City have seen significant premium rates, with one residential plot sold for 8,600 million yuan at a 59% premium and another gas station site sold for 840,000 yuan at a 180% premium [9]. - The increase in the starting price for the Gaoping land parcel after its initial failure to sell raises questions about market dynamics and demand in the region [6][9].