Key Points - Nanjing recently auctioned a land parcel for a total price of 729 million yuan, won by Changzhou Jiahong after 33 bidding rounds with a premium rate of 9.62% [1][3] - The land parcel, located at the intersection of Tianyuan Middle Road and Wanghe Road, covers an area of 25,216.16 square meters with a floor price of 17,006 yuan per square meter [3][5] - The upcoming G39 land parcel is expected to be a significant mixed-use development, previously a long-vacant site, now designated for commercial and residential use [6][8] Land Parcel Details - The G38 land parcel is classified as R2 residential land with a maximum building height of 60 meters and a floor area ratio (FAR) between 1.01 and 1.7 [5] - Nearby residential projects include Xiangyu Huafa, Zhongjian Yuanshang Jiuli, Renheng Longwan, and Jiahe Huafu, with current selling prices ranging from 41,700 to 43,765 yuan per square meter [5][6] - The G39 land parcel will require the construction of community facilities and a transit station, with specific area requirements for various public amenities [9][10]