Hangzhou Shuidian New Village's "Land King" project sold 66 luxury homes for 3.36 billion yuan.
Last year, the water and electricity new village plot in Hangzhou broke the record for land auction price. This year, the first opening of this plot once again refreshed multiple records in the Hangzhou real estate market: recently, 66 sets of houses launched by Hangzhou Wangtianji jointly developed by Binjiang, Jianfa and Jinmao were sold out. Previously, the upper limit of the average price for high-rise residential filings in Hangzhou was about 120,000 yuan per square meter. The overall average price for the opening this time was 142,345 yuan per square meter, exceeding the previous record of 20,000 yuan per square meter. The average total price per set is about 50.91 million yuan, setting a new record for the average total price per set for high-rise residential properties in Hangzhou. It is reported that the total sales of the first phase of this property is 3.36 billion yuan, of which a 624 square meter house was sold at a unit price of about 243,900 yuan per square meter, with a total transaction price exceeding 152 million yuan, also setting new records for the unit price and total price of a single high-rise apartment in Hangzhou.
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