Rundi won a residential land in Xiangqi, Binjiang District, Hangzhou for nearly 4 billion RMB, with a premium rate of 46.83%
According to domestic media reports, China Resources Land (01109.HK) has successfully acquired the "Xiangqi Fang residential land" in Hangzhou's Binjiang District for a total price of approximately RMB 3.951 billion. The land transaction price per square meter is RMB 41,108, with a premium rate of 46.83%, setting a new record for land prices in the sector.
It is reported that the "FG04-R21-B22" plot in the Xiangqi Fang unit of Binjiang District is designated for residential use, with a transfer area of 38,442 square meters, a planned construction area of 96,105 square meters, and a floor area ratio of 2.5. The starting price was approximately RMB 2.691 billion, with a starting floor price of RMB 27,997 per square meter
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