In Hangzhou, two residential land transactions involving over 20% premium have been completed.

On April 10, there were 2 residential land transactions in Hangzhou, both of which were eventually sold at a premium of over 20%, with a total transaction amount of 1.492 billion yuan. Among them, the land in Xihu District went through 73 rounds of bidding and was eventually won by Binjiang Group for a total price of 963 million yuan, with a transaction floor price of 19,129 yuan/square meter, a premium rate of 59.67%; the land in Linping District went through 21 rounds of bidding and was eventually won by Greentown for a total price of 529 million yuan, with a transaction floor price of 12,950 yuan/square meter, a premium rate of 23.33%.