Hangzhou sold 2 parcels of residential land and raised 2.22 billion yuan. The transaction price was 17,251 yuan/㎡, with an average premium rate of 5.2%. There were frequent positive developments in the property market at the end of September, and market sentiment increased dramatically. However, the popularity of this land auction was still divided. Both plots were taken by Greentown. The premium rate for the Shiqiao Huafeng plot was as high as 18.1%, and the base price of the Yunhe Xincheng plot was sold at the bottom price.

Hangzhou sold 2 parcels of residential land and raised 2.22 billion yuan. The transaction price was 17,251 yuan/㎡, with an average premium rate of 5.2%. There were frequent positive developments in the property market at the end of September, and market sentiment increased dramatically. However, the popularity of this land auction was still divided. Both plots were taken by Greentown. The premium rate for the Shiqiao Huafeng plot was as high as 18.1%, and the base price of the Yunhe Xincheng plot was sold at the bottom price.