Core Insights - A residential land plot in Nanhai District, Foshan, was sold on October 29, with a total area of 31,744.93 square meters and a planned construction area of 72,845.6 square meters, with a maximum floor area ratio of 2.5 [1] - The starting price for the land was set at 318 million yuan, equating to a starting floor price of 4,360 yuan per square meter [1] - After 21 rounds of bidding, the plot was acquired by Foshan Nanhai Baoshi Real Estate Co., Ltd. (Poly Development) for a total price of 381 million yuan, resulting in a final floor price of 5,232 yuan per square meter and a premium rate of 20% [1] Summary by Category Land Sale Details - The land plot has a total area of 31,744.93 square meters and a planned construction area of 72,845.6 square meters [1] - The maximum allowable floor area ratio for the plot is 2.5 [1] Financial Aspects - The initial bidding price was set at 318 million yuan, with a starting floor price of 4,360 yuan per square meter [1] - The final transaction price was 381 million yuan, leading to a final floor price of 5,232 yuan per square meter, indicating a premium of 20% over the starting price [1] Bidding Process - The land was sold after 21 rounds of competitive bidding [1] - The winning bidder was Foshan Nanhai Baoshi Real Estate Co., Ltd., a subsidiary of Poly Development [1]
保利发展溢价20%竞得佛山一涉宅用地