越秀11.94亿元竞得广州番禺区宅地

Core Insights - A residential land parcel in Panyu District, Guangzhou, was auctioned on October 28, with a total area of 38,828 square meters and a planned construction area of 77,419.13 square meters, resulting in a floor area ratio of 2.6 [1] - The starting price for the land was set at 1.104 billion yuan, equating to a starting floor price of 14,260 yuan per square meter [1] - The auction attracted two real estate companies, with Yuexiu winning the bid after 18 rounds, securing the land for a total price of 1.194 billion yuan, which translates to a final floor price of 15,423 yuan per square meter and a premium rate of 8.15% [1]