Hangzhou Lists Seven Residential Land Parcels for Sale with Starting Price of 11.192 Billion Yuan

[Hangzhou Lists 7 Residential Land Parcels for Sale Again, with a Starting Total Price of Approximately 11.192 Billion Yuan] According to the official website of the Hangzhou Municipal Bureau of Planning and Natural Resources, Hangzhou has issued a public notice for the listing and sale of state-owned construction land use rights. The city plans to sell 7 residential land parcels through a listing process, with a starting total price of approximately 11.192 billion yuan. The land parcels are expected to be traded on December 31.

According to the land sale information, the 7 land parcels to be sold are located in Shangcheng District, Binjiang District, Xiaoshan District, Yuhang District (2 parcels), Qiantang District, and Fuyang District. The land parcels will be subject to open bidding, and the highest bidder will be awarded the land.