---
title: "Hangzhou Land Auction Continues to Heat Up: Binjiang and Greentown Split Two Residential Land Parcels, West Lake District Parcel Sees Premium Rate Near 60%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282346359.md"
description: "Hangzhou welcomed its second land auction of the month. According to the transaction results, both parcels were sold at a premium, with an average premium rate of 41.5%, generating approximately 1.492 billion yuan"
datetime: "2026-04-10T12:41:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282346359.md)
  - [en](https://longbridge.com/en/news/282346359.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282346359.md)
---

# Hangzhou Land Auction Continues to Heat Up: Binjiang and Greentown Split Two Residential Land Parcels, West Lake District Parcel Sees Premium Rate Near 60%

Hangzhou welcomed its second land auction of the month. According to the transaction results, both parcels were sold at a premium, with an average premium rate of 41.5%, generating approximately 1.492 billion yuan.

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