The city of Hangzhou, Zhejiang, successfully sold seven land plots, starting at 11.19 billion yuan (below) and a total transaction price of 14.562 billion yuan. The seven plots have a total land area of 440 hectares and a total building area of 0.615 million square meters, distributed in Qianjiang New Town Phase II, Xixing District, Xiaoshan District North, Yuhang Future Technology City, Leisure Lin, Qiantang District Xisha and Fuchun Wan New Town in Fuyang District. In addition to the base price of Fu Chun Wan New Town leather, the rest of the skins are traded at a premium.

Among them, Hangzhou Zhonghai Real Estate (China) competed for Xixing Land in Binjiang District with a total price of 4.49 billion yuan, with a floor price of 44,673 yuan per square meter, with a premium of 59.78%.

Hangzhou Green City Zhejiang Real Estate (Green City) competed for a total price of 1.62 billion yuan for the vacant forest land of Yuhang District, with a floor price of 16,112 yuan per square meter, with a premium rate of 10.96%.

China Commerce Bureau Real Estate (Hangzhou) (China Commerce Shekou) bid for a total price of 3.123 billion yuan, with a floor price of 37,630 yuan per square meter at a premium of 24.27%.

In addition, Hangzhou Binjiang Real Estate Group acquired two plots of land in Xiaoshan District and Yuhang Future Technology City, with a total price of nearly $4.465 billion. Among them, the total transaction price of the land in Xiaoshan City is $1.693 billion and the floor price is $26,190 per square meter, with a premium of 30.95%. Future Technology City Land, with a total transaction price of $2.772 billion, a floor price of $20,713 per square meter, a premium of 18.36%.