Core Viewpoint - Guangzhou successfully auctioned a residential land parcel in Liwan District for 506 million yuan, indicating stable demand in the real estate market [1] Group 1: Auction Details - The land parcel is located in the Baihetan area and designated for secondary residential use [1] - The total area of the land is 7,840.89 square meters, with a planned construction area of 23,522.67 square meters [1] - The starting price for the auction was set at 506 million yuan, with a starting floor price of 21,500 yuan per square meter [1] Group 2: Transaction Outcome - Guangzhou Guomao Real Estate Co., Ltd. (Xiamen Guomao Real Estate) won the bid for the land at a total price of 506 million yuan [1] - The final transaction floor price was 21,500 yuan per square meter, with a premium rate of 0% [1]