On August 28, there were 3 residential land sales in Guangzhou, with a total starting price of 9.609 billion yuan. Among them, the residential land in Pazhou South District of Haizhu District attracted 5 bidders to participate in the auction. After 201 rounds of bidding, China Resources Land finally competed with a total price of 8.056 billion yuan. The floor price was 61,423 yuan/㎡, with a premium rate of 33.02%.

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