How about Shenhua plate in Gongshu area?

It has been 12 years since the first project of Shenhua in 2005, Guangyu Xicheng Nianhua. The original house price was 8000 yuan/m 2, and now it has reached 48000 yuan/m 2. Although the property market in Hangzhou has generally risen in the past decade, the price of 48,000 yuan/m 2 is not low in any region of Hangzhou.

However, it is not just house prices that have changed in the past decade. In terms of property quality, from the early 100 square meter, only two rooms can be built, to the later 89 rooms, and now three rooms can be built everywhere. Developers have also undergone qualitative changes, from only a few local developers in those years to the overall image of Shenhua plate where big-name housing enterprises gather.