--- title: "Hangzhou transacted 4.249 billion yuan for 3 residential land plots, with the highest premium rate of 51.38%" type: "News" locale: "en" url: "https://longbridge.com/en/news/240949782.md" description: "On May 20th, Hangzhou transacted 3 residential land plots, all located in the core area of the main city, with premium rates exceeding 25%, totaling approximately 4.249 billion yuan. Among them, the Xihu Sandun unit plot was won by POLY PROPERTY for 1.709 billion yuan, with a premium rate of 51.38%; the Gongshu Dongxin unit plot was won by Hangzhou Xifang for 1.625 billion yuan, with a premium rate of 41.93%; the Binjiang Changhe unit plot was won by the Zhongtian and Haiwei consortium for 916 million yuan, with a premium rate of 25.32%" datetime: "2025-05-20T04:09:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/240949782.md) - [en](https://longbridge.com/en/news/240949782.md) - [zh-HK](https://longbridge.com/zh-HK/news/240949782.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/240949782.md) | [繁體中文](https://longbridge.com/zh-HK/news/240949782.md) # Hangzhou transacted 4.249 billion yuan for 3 residential land plots, with the highest premium rate of 51.38% On May 20th, Hangzhou completed three transactions involving residential land, all located in the core area of the main city, with premium rates exceeding 25%, totaling approximately 4.249 billion yuan. Among them, the West Lake Sandun unit plot was won by POLY PROPERTY for 1.709 billion yuan, with a premium rate of 51.38%; the Gongshu Dongxin unit plot was won by Hangzhou Xifang for 1.625 billion yuan, with a premium rate of 41.93%; the Binjiang Changhe unit plot was won by the Zhongtian and Haiwei consortium for 916 million yuan, with a premium rate of 25.32% ### Related Stocks - [POLY PROPERTY (00119.HK)](https://longbridge.com/en/quote/00119.HK.md) ## Related News & Research - [A Look At Fosun International (SEHK:656) Valuation After Recent Mixed Share Price Performance](https://longbridge.com/en/news/281035263.md) - [CSPC Pharmaceutical, Alphamab Oncology's Breast Cancer Drug Study Meets Primary Endpoint](https://longbridge.com/en/news/281325910.md) - [Osl Group FY adjusted non-IFRS income HK$534.1 million](https://longbridge.com/en/news/281223382.md) - [Sigenergy Passes Hearing: "AI + Energy Storage" Driving a 150-fold Revenue Surge and Redefining Industry Growth](https://longbridge.com/en/news/280957263.md) - [Singapore’s staycation spot Tiny Away Escape to shut down in January 2027 after three years](https://longbridge.com/en/news/281086462.md)