Hangzhou land market starts with a bang, Xianghu riverside commercial land sells at a premium of 196%.

On January 15, in Xianghu, Xiaoshan District, a commercial land that requires full self-sufficiency set off the first wave of heat in the 2026 land market. With 115 rounds of bidding, a premium of 195.96%, and a land price of 15094 yuan per square meter... The auction lasted for more than an hour and set a new high for land premium in Hangzhou in nearly three years. The land was ultimately won by Zhejiang Xianglv Green Development and Construction Co., Ltd., with a transaction price of 344.35 million yuan and a floor price of 15094 yuan per square meter.