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Hangzhou's Land Auction in First Half of Year Hits 116 Billion Yuan, Approaching Last Year's Annual Total
2025-06-27 /
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Author：小编
The land auction in Hangzhou during the first half of this year amassed a staggering total of 116 billion yuan, nearly matching last year's entire annual residential land transfer fee. In the "grand finale" on June 27th, a total of six residential land parcels were put up for auction, with an initial combined price of 11.59 billion yuan. The final aggregate transaction value soared to 15.1 billion yuan, reflecting an average premium rate of 30.5%. Notably, the highest premium rate recorded reached an impressive 67.6%.
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