In Hangzhou's Yuhang District, land parcels were sold at a premium of nearly 30%.

On July 22nd, there were 2 residential land transactions in Hangzhou, with a total transaction amount of 18.98 billion yuan. Among them, a plot in Yuhang District went through 35 rounds of bidding and was won by Hangzhou Binjiang Real Estate Group Co., Ltd. for a total price of 15.30 billion yuan, with a transaction floor price of 17,472 yuan per square meter and a premium rate of 29.65%; a plot in Gongshu District went through 6 rounds of bidding and was won by Hangzhou West Lake Real Estate Group Co., Ltd. for a total price of 3.68 billion yuan, with a transaction floor price of 15,295 yuan per square meter and a premium rate of 7.29%.