Yuexiu Property (HKG:0123), through Hangzhou Yueshen Property Development, won the bid by way of open tender for a land parcel in Hangzhou, China, for a little over 1.10 billion yuan, a Tuesday filing with the Hong Kong bourse said.
The land parcel, with a total site area of 16,537 square meters and a total planned gross floor area of around 47,470 square meters, is intended for residential use.
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