Yesterday (25th), the AF040134 land south of Hedong Road in Liwan District, Guangzhou was sold at a starting price of RMB 644.92 million. The land area is 12,900 square meters, including a sold land area of 10,700 square meters.

The plot is located south of Hedong Road in Liwan District, classified as a Class 2 residential land, with a lease term of 70 years and a calculated building area of 25,800 square meters. After 12 rounds of bidding, it was won by Guangdong Poly City Development Co., Ltd. at a total price of 699.92 million yuan. The transaction floor price was 27,105 yuan per square meter, a premium rate of 8.5%. This was the first premium land sold in Guangzhou this year and the fourth successful land transaction of the year.