In Hangzhou, a residential land parcel was sold at a premium of 1.74%.

On December 23, in Hangzhou, a plot of land in Fuyang District was auctioned off. The land area sold was 39,239 square meters, with a planned construction area of 47,086.8 square meters, a plot ratio of 1.2, a maximum building height of 27 meters, a starting price of 287 million yuan, and a starting floor price of 6,095 yuan per square meter. In the end, Zhejiang Longda Real Estate Co., Ltd. won the bid for the land with a total price of 292 million yuan, at a transaction floor price of 6,201 yuan per square meter, with a premium rate of 1.74%.