Beijing First Two Post- Holiday Land Auctions: Failure, Zero Premium

An auction for some land in Miyun failed because no developers registered, while another sold with a 0 percent premium. The average premium on land sales in 2018 is now 12 percent.

Caijing: 北京节后首次土地出让现流拍 2018年平均溢价率12%
The other, Yongding Town, Mentougou comprehensive commercial financial services block only once quoted by Finance Street + West Beijing Land Consortium at the reserve price, the premium rate of 0.

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