Zheng Quan Shi Bao·2025-04-28 10:51Group 1 - On April 28, Hangzhou auctioned 6 residential land plots, with a total transaction amount of 12.576 billion yuan and an average premium rate of 22.4% [1][3] - The most competitive plot, located in the core area of Century City, was won by Poly Development for 4.537 billion yuan, with a floor price of 51,611 yuan per square meter and a premium rate of 58.8% [1][3] - The auction showed a clear differentiation in premium rates between core and peripheral plots, indicating cautious land acquisition strategies among developers focusing on low-risk and high-velocity projects [2][5] Group 2 - In the same auction, Binjiang Group acquired 3 plots for a total of 4.869 billion yuan, demonstrating a proactive approach to maintaining market share [2][5] - The land auction in Beijing's Chaoyang District resulted in a consortium winning a residential plot at a base price of 12.6 billion yuan, with a comprehensive floor price of 44,565 yuan per square meter and a premium rate of 0% [6][8] - The overall land market in Hangzhou is experiencing a cooling trend, with increased second-hand housing sales but limited impact on land market heat, leading to intensified competition for core plots [5][6]