On September 4, a parcel of residential land was sold in Tianhe District of Guangzhou. The land concession area was 34718.7 square meters, the planned construction area was 67,805 square meters, the floor area ratio was 1.95, the starting price was 2.141 billion yuan, and the starting floor price was 31,575 yuan/square meter. The plot attracted 4 housing companies to participate in the auction. After 18 rounds of bidding, in the end, Yuexiu won the plot with a total price of 2,481 billion yuan. The floor price was 36,589 yuan/square meter, and the premium rate was 15.88%.

On September 4, a parcel of residential land was sold in Tianhe District of Guangzhou. The land concession area was 34718.7 square meters, the planned construction area was 67,805 square meters, the floor area ratio was 1.95, the starting price was 2.141 billion yuan, and the starting floor price was 31,575 yuan/square meter. The plot attracted 4 housing companies to participate in the auction. After 18 rounds of bidding, in the end, Yuexiu won the plot with a total price of 2,481 billion yuan, with a floor price of 36,589 yuan/square meter, and a premium rate of 15.88%.