Today, Guangzhou City welcomed the most popular land auction of the year, the AT080722 plot on the north side of Linjiang Avenue in Tianhe District of Guangzhou. The planned construction area of the plot was 176,000 square meters, and the total starting price was 8.82 billion yuan. A total of 4 developers from Poly, Zhonghai, Yuexiu, and Pengrui signed up for the auction. In the end, after 5 hours and 148 rounds of intense bidding, the plot was won by Poly Development for 11.76 billion yuan. The floor price was 66,957 yuan/square meter, and the premium rate reached 33.4%, making it the second-highest plot in Guangzhou.

Zhitongcaijing · 09/29 08:41
Today, Guangzhou City welcomed the most popular land auction of the year, the AT080722 plot on the north side of Linjiang Avenue in Tianhe District of Guangzhou. The planned construction area of the plot was 176,000 square meters, and the total starting price was 8.82 billion yuan. A total of 4 developers from Poly, Zhonghai, Yuexiu, and Pengrui signed up for the auction. In the end, after 5 hours and 148 rounds of intense bidding, the plot was won by Poly Development for 11.76 billion yuan. The floor price was 66,957 yuan/square meter, and the premium rate reached 33.4%, making it the second-highest plot in Guangzhou.