On August 27, a plot of residential land in Linping District of Hangzhou was sold. The planned construction area was 41,483.2 square meters, the floor area ratio was 1.6, the starting price was 353 million yuan, and the starting floor price was 8,500 yuan/square meter. After 11 rounds of bidding, Greentown finally won the plot with a total price of 403 million yuan. The floor price was 9,705 yuan/square meter, and the premium rate was 14.18%.

On August 27, a plot of residential land in Linping District of Hangzhou was sold. The planned construction area was 41,483.2 square meters, the floor area ratio was 1.6, the starting price was 353 million yuan, and the starting floor price was 8,500 yuan/square meter. After 11 rounds of bidding, Greentown finally won the plot with a total price of 403 million yuan. The floor price was 9,705 yuan/square meter, and the premium rate was 14.18%.