Hangzhou 2 residential plots sold for a total of 1.818 billion yuan, with one plot having a premium rate of over 33%.

On June 16th, two plots of residential land in Hangzhou were auctioned off. One plot was sold at the base price and the other at a premium of over 33%, with a total transaction amount of 1.818 billion yuan. The residential land in Xiaoshan District was acquired by Hangzhou Jinheng Real Estate Development Co., Ltd. at a total price of 1.512 billion yuan, with a transaction floor price of 21,369 yuan per square meter, representing a premium rate of 33.56%. The residential land in Lin'an District was acquired by Hangzhou Lin'an Xizi Real Estate Development Co., Ltd. at the base price of 306 million yuan, with a transaction floor price of 5,294 yuan per square meter.