Core Insights - The KCGD2025-1 land parcel in Guandu District was successfully auctioned on July 9, with a starting price of 433.74 million yuan, ultimately sold for approximately 510 million yuan, resulting in a floor price of about 7,115 yuan per square meter and a premium rate of 17.64% [1][2] Group 1: Land Parcel Details - The land parcel is classified as Class II urban residential land, covering a net area of approximately 43.03 acres, with a floor area ratio greater than 1 and less than or equal to 2.5, a building density of less than or equal to 22%, and a green space ratio of at least 40% [2] - The location is strategically situated in the core area of the Century City district, adjacent to major urban roads and close to the under-construction Yunnan Provincial Maternal and Child Health Hospital, enhancing its accessibility and attractiveness [2][5] Group 2: Market Context and Future Potential - The land was previously part of a commercial project that faced challenges in attracting investment, leading to its reclassification from a commercial to a high-quality residential site, reflecting strong market expectations for scarce low-density land in the southern city area [7] - The potential for future development in conjunction with surrounding parcels could establish a new residential core in the Guandu Ancient Town area, indicating a shift in market dynamics and demand for residential properties [7]