Core Viewpoint - The Guangzhou land market is becoming active as it enters the traditional "golden September and silver October," with significant transactions indicating confidence in the city's real estate sector [1][3]. Group 1: Land Transactions - Xiamen Guomao Real Estate successfully acquired a residential land parcel in Guangzhou's Liwan District for 506 million yuan, marking the first residential land transaction in September 2023 [1]. - The land parcel has a floor price of approximately 21,500 yuan per square meter and a total construction area of about 23,500 square meters, with a plot ratio of 3 [1][3]. - This transaction is notable as it represents a new player in the Guangzhou market, contrasting with previous acquisitions predominantly by local state-owned enterprises and central enterprises [1][3]. Group 2: Market Dynamics - The Guangzhou land market is accelerating the release of new land parcels, with multiple announcements made in early September, including several high-quality plots [6][7]. - The market is expected to see more advantageous residential land offerings, which could invigorate market activity [7][8]. - The overall performance of the Guangzhou real estate market has shown signs of recovery, with new home transactions increasing by nearly 17% year-on-year in the first half of 2023 [9]. Group 3: Company Performance - Guomao Real Estate has been actively investing in Guangzhou, with a notable acquisition in May 2023 for 2.482 billion yuan, reflecting a 15% premium and a floor price of 24,700 yuan per square meter [4]. - The company reported a significant sales increase, achieving 25.41 billion yuan in sales in the first eight months of 2023, placing it among the top 20 real estate firms [4]. - As a member of the "three swordsmen" of Fujian state-owned enterprises, Guomao Real Estate's aggressive land acquisition strategy indicates strong confidence in the city's development [4].

Core Viewpoint - The Guangzhou land market is becoming active as it enters the traditional "Golden September and Silver October" period, with significant transactions indicating confidence in the city's real estate sector [1][5]. Group 1: Land Transactions - On September 2, Xiamen Guomao Real Estate successfully acquired a residential land parcel in Guangzhou's Liwan District for a base price of 506 million yuan, with a floor price of approximately 21,500 yuan per square meter, marking the first residential land transaction in Guangzhou for September [1][3]. - The acquired land is the first residential land sold in the Shiwetang area of Liwan District in two years, located near the core development area of Baie Tan, enhancing its attractiveness [3]. - The land's proximity to the subway and key urban areas is expected to boost its value, with the potential for a profitable project given the surrounding second-hand housing prices averaging around 40,000 yuan per square meter [3][4]. Group 2: Market Trends - The Guangzhou land market is accelerating the pace of new land releases, with multiple parcels being listed for sale in early September, indicating a robust supply of quality land [7]. - In the first eight months of 2023, Xiamen Guomao's sales reached 25.41 billion yuan, placing it among the top 20 real estate companies, reflecting a strong growth trajectory [4]. - The overall market performance in Guangzhou shows a recovery in the second half of the year, with new housing transactions increasing by nearly 17% year-on-year in the first half, although the market has shown signs of cooling recently [8]. Group 3: Future Outlook - Analysts predict that the upcoming release of more high-quality residential land will invigorate the market, with expectations of a positive impact on future land transactions [7]. - The efforts by various real estate companies to stabilize prices and encourage purchases are seen as crucial for maintaining market confidence and promoting a healthy cycle in the industry [8].