Core Viewpoint - The first land auction in Hangzhou for October successfully concluded, with a residential plot in the core area of BInjiang Pujiang sold at a premium of 19.93%, indicating strong demand for prime real estate in the city [1][2]. Group 1: Land Auction Details - The auctioned plot, identified as Hangzheng Storage No. 110, is located in the central area of Pujiang, adjacent to Metro Line 4 and popular dining spots, making it a highly desirable location [2]. - The plot covers an area of 19,968 square meters with a floor area ratio of 2.5, allowing for a total above-ground construction area of 49,920 square meters. The starting price was set at 1,053.84 million yuan, translating to a floor price of 21,111 yuan per square meter [2]. - The final bid was won by a local developer, Dajia, for a total price of 1,263.84 million yuan, resulting in a floor price of 25,317 yuan per square meter after 22 rounds of bidding [2]. Group 2: Market Implications - The high premium achieved in this auction reflects the ongoing attractiveness of core urban areas for developers, suggesting that the Hangzhou land market remains robust [2]. - Dajia's successful bid marks its first project in the Binjiang district, indicating its capability to deliver high-quality residential products in a competitive market [3]. - Following this auction, two additional residential plots are scheduled for auction on October 28, with one located in the same core area, likely to attract similar interest and high bidding [4].
大家溢价20%拿下浦沿核心宅地
Mei Ri Shang Bao·2025-10-15 23:00