Hangzhou Sells Two Residential Plots for Nearly RMB 4.5 Billion, Setting New Records

Published: Apr 22, 2025 13:38

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Hangzhou Sold 2 Residential Plots for Nearly 4.5 Billion Yuan
On April 22, Hangzhou launched 2 residential plots in Xiaoshan District, with a total transaction amount of approximately 4.473 billion yuan and an average premium rate of 63.7%. The transaction floor prices of both plots set new records in the sector.
Among them, the Shibei Unit plot was won by Greentown China for 3.113 billion yuan, with a transaction floor price of 35,066 yuan per square meter and a premium rate of 59.39%. The Xianghu Unit plot was won by Binjiang Group for 1.36 billion yuan, with a transaction floor price of 19,306 yuan per square meter and a premium rate as high as 74.4%.

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