On September 30, a plot of residential land was sold in Pazhou South District, Haizhu District, Guangzhou. The land concession area was 31,325 square meters, the planned construction area was 68,915 square meters, the floor area ratio was 2.2, the starting price was 3,017 billion yuan, and the starting floor price was 4,3777 yuan/㎡. The plot attracted 4 housing companies to participate in the auction. After 41 rounds of bidding, Poly Development finally won the plot with 3,817 billion yuan, with a floor price of 55,385 yuan/㎡, and a premium rate of 26.52%.

Zhitongcaijing · 2d ago
On September 30, a plot of residential land was sold in Pazhou South District, Haizhu District, Guangzhou. The land concession area was 31,325 square meters, the planned construction area was 68,915 square meters, the floor area ratio was 2.2, the starting price was 3,017 billion yuan, and the starting floor price was 4,3777 yuan/㎡. The plot attracted 4 housing companies to participate in the auction. After 41 rounds of bidding, Poly Development finally won the plot with 3,817 billion yuan, with a floor price of 55,385 yuan/㎡, and a premium rate of 26.52%.