On November 6th, according to The Paper, on November 6th, nam cheong, jiangxi province, auctioned off 2 residential land parcels at a low premium, with a total transaction amount of approximately 0.695 billion yuan. The 2 residential plots had no reserve price, and the winning bidders were determined by the principle of highest price, located in the Gaoxin District and West Lake District, with a total area of 85.31 acres. It is worth mentioning that both residential plots had previously experienced failed auctions, and the prices in this auction were reduced.