A residential land plot in Hangzhou was sold at a 28.13% premium

Published: Jul 29, 2025 13:30

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[A residential land plot in Hangzhou sold at a 28.13% premium] On July 29, three residential land plots were transferred in Hangzhou, with two sold at a premium and one sold at the base price, totaling 5.0346 billion yuan. Among them, the Shiqiao Unit residential land plot in Gongshu District was acquired by Hangzhou Weixing Xingchen Real Estate Co., Ltd. (Weixing Real Estate) after 43 rounds of bidding, with a total price of 1.913 billion yuan, a floor price of 19,627 yuan/m², and a premium rate of 28.13%.

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