Sept 29 — Guangzhou sold one residential-linked plot in Huangpu District with
planned GFA 176,825 sqm and FAR 1.23. The land carried a starting price of 4.1
bln yuan and a starting composite floor price of 23,187 yuan/sqm; Guangzhou
Metro Group won the parcel at the reserve price of 4.1 bln yuan, transaction
composite floor price 23,187 yuan/sqm.