Core Insights - Two residential land parcels in Nanjing were sold at a total base price of 1.994 billion yuan [1] Group 1: Land Transactions - The first parcel, located in Jiangning District, was acquired by Beijing Fangxing Yicheng Real Estate Co., Ltd. (Jinmao) for a base price of 1.549 billion yuan, resulting in a floor price of 11,997 yuan per square meter [1] - The second parcel, situated in Liuhe District, was purchased by Nanjing Longyue Real Estate Development Co., Ltd. for a base price of 445 million yuan, with a floor price of 7,852 yuan per square meter [1]

Core Insights - The article highlights the recent land transactions in Hangzhou, where three residential land parcels were sold in the core urban area with premium rates exceeding 25% [1] Summary by Categories Land Transactions - On May 20, three residential land parcels were sold in Hangzhou, all located in the main urban area, with a total transaction amount of approximately 4.249 billion yuan [1] - The land parcel in Xihu San Dun unit was acquired by Poly Real Estate for 1.709 billion yuan, with a premium rate of 51.38% [1] - The land parcel in Gongshu Dongxin unit was won by Hangzhou Xifang for 1.625 billion yuan, with a premium rate of 41.93% [1] - The land parcel in Binjiang Changhe unit was secured by a joint venture of Zhongtian and Haiwei for 916 million yuan, with a premium rate of 25.32% [1]