Zhejiang's Yiwu sets new record land price 

全国最贵宅地“义乌造”？

 The price for a residential plot in Yiwu, a second-tier city in Zhejiang Province, nudged 40,000 yuan (US$6,153) per square meter at a land auction, setting a new record price for real estate on the Mainland. The sale defied the recent cooling down of the real estate market in China's first-tier cities of Beijing and Shanghai.

The winning bidder Yiwu Modern Real Estate paid 226 million yuan (US$34.7 million) for a 1,500-sqm plot, averaging 39,545 yuan (US$6,083) a square meter at a 347 percent premium to the initial bidding price.

The previous record in was set at 37,000 yuan (US$5,692) a square meter on November 29 last year by a Wenzhou property developer.

Price ceilings have been instituted for real estate transactions in China's first-tier cities including Beijing, Shanghai, Guangzhou and Shenzhen, while land prices in second- and third-tier cities were selling at a more than 30 percent premium, according to data provided by China Index Academy and Tospur Constancy.

Zhang Hongwei, a chief researcher at Tospur Consultancy said, at the current growth rate, Yiwu's real estate could possibly reach 100, 000 yuan (US$15,300) per square meter if allowed to appreciate unchecked.

住在杭州网昨日统计显示，6月15日，浙江义乌雪峰路与望道路西南侧的一幅地块以2.26亿元成交，楼板价高达39545万元/平方米，刷新了全国住宅类地块单价“地王”纪录。


6月15日，义乌市现代房产以2.26亿元的总价拿下面积仅为1500平方米，最终的楼面价达39545元/平方米，溢价率达347%。

此前，全国商品住宅用地的成交纪录是去年11月29日由温州房企置信房产创造的，楼面价高达3.7万元/平方米。

中国指数院和同策咨询机构提供的数据显示，在北上广深等一线城市的土地多以底价成交之时，二、三线城市尤其是没有限购令的城市，土地价格仍有30%以上的高溢价。

同策咨询研究总监张宏伟甚至表示，按照上述土地成交价格的上升趋势，义乌甚至可能会出现10万元/平方米以上的天价住宅。