起拍价高达8.7万元/㎡，市中心豪宅兰园流拍

Core Viewpoint - The auction of a high-end property in the Lan Garden, located in Hangzhou, failed to attract any bidders, indicating a significant disconnect between the auction starting price and the current market value of similar properties [1][9]. Group 1: Property Details - A property with a building area of 191.75 square meters was auctioned with a starting price of 16.66 million yuan, translating to approximately 86,900 yuan per square meter [1]. - The property features a layout of 4 bedrooms, 2 living rooms, 1 kitchen, 3 bathrooms, and 3 balconies, and comes with high-end interior decoration [1]. Group 2: Market Comparison - The starting price of the auctioned property is significantly higher than the current market prices for similar second-hand properties in Lan Garden, which are around 79,304 yuan per square meter [11]. - Historical auction records show that properties in Lan Garden have been sold at lower prices, with recent transactions averaging around 6.58 million yuan and 6.29 million yuan for similar properties [9][10]. Group 3: Market Trends - The trend in the auction market for Lan Garden properties has shown a decline in prices, with previous auction prices around 77,000 yuan per square meter in 2021 and 2022, compared to the current starting price which exceeds the market average [9][10]. - The lack of interest in the auction suggests potential buyers are waiting for a significant price reduction in future auctions before making a purchase [11].