On October 30, a parcel of residential land was sold in Hangzhou. The land concession area was 22,207 square meters, the planned construction area was 55517.5 square meters, the starting price was 1,999 billion yuan, and the starting floor price was 36,000 yuan/square meter. After 97 rounds of bidding, in the end, Binjiang Group won the plot with a total price of 2,969 billion yuan. The floor price was 5,3,472 yuan/square meter, and the premium rate was 48.53%.

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