Group 1 - A small commercial property in Chengdu, measuring only 9.33 square meters, was auctioned starting at 1 yuan and sold for 110,500 yuan after 139 bids, indicating strong investor interest [1][2] - The property, built in 2014, is located on the second floor of a four-story building and is currently leased to a gaming company, with a rental agreement running until July 2026 at a monthly rent of 990 yuan [1][3] - The auction attracted significant bidding activity, with the final bid exceeding 100,000 yuan, and the winning bidder will incur additional costs such as service fees, commission, and deed tax, which could affect the overall investment return [3][4] Group 2 - The initial low starting price of the auction raised questions about potential hidden issues, but the property is confirmed to be free of loans and encumbrances, indicating a normal sale rather than a judicial auction [2][3] - The projected annualized return on investment for the winning bidder is estimated to exceed 9%, which is notably higher than the typical return rates for commercial properties in Chengdu, which range from 4% to 8% depending on the location [3][4] - The gaming company leasing the property is reportedly preparing for an IPO, suggesting a stable rental income, which may make this investment more attractive compared to traditional savings [3][4]