[One piece of residential land in Guangzhou was sold at a premium of 26.61%] On October 9, a piece of land in Huangpu District, Guangzhou, was sold on October 9. The land is classified as second-class residential land compatible with commercial land. The land transfer area is 34,822 square meters (52.23 acres), the planned construction area is 76,608 square meters, the floor area ratio is 2.2, the starting price is 1.315 billion yuan, and the starting floor price is 17,170 yuan/square meter. The land attracted 3 bidders to participate in the bidding. After 71 rounds of bidding, Poly Development finally won the land with a total price of 1.665 billion yuan. The transaction floor price was 21,738 yuan/square meter, with a premium rate of 26.61%.