土地市场出现冷热分化迹象

Core Insights - The recent land auction in Hangzhou on April 28 resulted in the successful sale of six residential plots, generating a total revenue of 12.576 billion yuan, indicating a mixed performance in the market with signs of differentiation in demand [1] Group 1: High-Value Land Transactions - The most notable plot was the Hangzhou Government Storage [2025] No. 42 located in the core area of the Olympic Sports Center, which sold for a record-breaking floor price of 51,611 yuan per square meter after 168 rounds of bidding, with a total price of 4.53695 billion yuan and a premium rate of 58.80% [2] - The No. 43 plot in the North City area was acquired by Binjiang for 2.18536 billion yuan, resulting in a floor price of 24,471 yuan per square meter and a premium rate of 16.53% after 32 rounds of bidding [2] - The No. 44 plot in Yuncheng was sold for 1.86340 billion yuan, with a floor price of 24,325 yuan per square meter and a premium rate of 16.94% after 27 rounds of bidding [3] Group 2: Low-Value Land Transactions - In contrast, the plots located in non-core areas such as Shuipu and Xiasha were sold at the base price, indicating lower competition. The No. 41 plot in Shuipu was sold for 1.83355 billion yuan at a floor price of 10,053 yuan per square meter [4] - The No. 45 plot in Xiasha was sold at the base price of 1.33567 billion yuan after just one round of bidding, with a floor price of 15,001 yuan per square meter [4] - The No. 40 plot in the northern part of the Canal New City was sold for 821.13 million yuan, resulting in a floor price of 17,090 yuan per square meter and a premium rate of only 5.1% after 8 rounds of bidding [4]