---
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.

### Related Stocks

- [03900.HK](https://longbridge.com/en/quote/03900.HK.md)
- [002244.CN](https://longbridge.com/en/quote/002244.CN.md)
- [159768.CN](https://longbridge.com/en/quote/159768.CN.md)
- [512200.CN](https://longbridge.com/en/quote/512200.CN.md)
- [159940.CN](https://longbridge.com/en/quote/159940.CN.md)
- [515060.CN](https://longbridge.com/en/quote/515060.CN.md)
- [09979.HK](https://longbridge.com/en/quote/09979.HK.md)
- [159707.CN](https://longbridge.com/en/quote/159707.CN.md)

## Related News & Research

- [China's property investment falls 19.2% y/y in first seven months](https://longbridge.com/en/news/296066096.md)
- [Greentown China Flags Sharp Interim Profit Drop Amid Market Adjustment](https://longbridge.com/en/news/295334080.md)
- [Greentown China Details Board and Committee Line-Up](https://longbridge.com/en/news/293619416.md)
- [Greentown Management expects RMB 3.41 billion project management fees from new H1 2026 contracts, down 31.7%](https://longbridge.com/en/news/291652009.md)
- [Yuexiu Property unit forms JV with Binjiang Real Estate for Hangzhou residential project](https://longbridge.com/en/news/291938021.md)