Core Viewpoint - Guangzhou's residential land auction faced significant challenges, with only 2 out of 5 planned plots sold at the base price, while 3 plots were canceled just days before the auction, indicating a weak market demand and stricter regulations [1] Group 1: Auction Results - On June 30, Guangzhou planned to auction 5 residential land plots but only 2 were sold at the base price [1] - 3 plots located in Tianhe and Haizhu districts were announced to be canceled due to unspecified reasons, despite being popular among bidders [1] - In June, Guangzhou launched 10 residential land plots, with 4 remaining unsold, highlighting a trend of low demand [1] Group 2: Market Analysis - Experts suggest that the inability to sell these plots is linked to tightened regulations on land use in Guangzhou [1] - The underlying issue is attributed to the ongoing sluggishness in the real estate market, prompting calls for the local government to consider lowering the starting prices for new land supply [1]
广州多宗宅地终止出让
news flash·2025-06-30 11:00