YUEXIU PROPERTY(HK:00123) Guang Zhou Ri Bao·2025-04-30 03:52Core Viewpoint - The Guangzhou land market experienced a surge in activity ahead of the May Day holiday, with four residential land parcels planned for auction, totaling a starting price of 8.73 billion yuan. Two parcels in Baiyun District were successfully auctioned, while a high-value commercial land parcel in Tianhe District was withdrawn from sale due to market caution [1]. Group 1: Auction Results - The Baiyun District land parcel on Sha Tai Road was acquired by Guangzhou Yuxiu Real Estate Development Co., Ltd. for 141.515 million yuan, reflecting a premium of 21.5% over the starting price [1]. - The Baiyun District Jiahe Wanggang AB2112039 parcel was won by Guangzhou Hengxiu Real Estate Development Co., Ltd. for 48.132 million yuan, with a premium of 15.6% [1]. - Both winning companies are subsidiaries of Yuexiu Property [1]. Group 2: Market Conditions - The Tianhe Financial City land parcel was announced to be withdrawn from sale, indicating market caution towards large-scale, high-total-price parcels with a significant commercial component [1]. - The three Baiyun District parcels have relatively small sizes and favorable market conditions, attracting multiple bidders and indicating a recovery in the land market [13]. Group 3: Land Parcel Details - The Sha Tai Road parcel has a starting price of 116.515 million yuan and attracted nine bidders, highlighting strong interest in the area [5]. - The Jiahe Wanggang AB2112039 parcel has a starting price of 41.632 million yuan and includes obligations for the developer to construct public infrastructure and educational facilities [8][12]. - The Jiahe Wanggang AB2112050 parcel, also in Baiyun District, has a starting price of 54.857 million yuan and includes similar obligations for public infrastructure [11].