In Guangzhou, 4 residential land parcels were sold at a minimum price of 6.772 billion yuan.

On December 15, there were 4 residential land transactions in Guangzhou, all of which were eventually sold at the reserve price, with a total transaction amount of 67.27 billion yuan. Among them, the land in Tianhe District was competitively won by Guangzhou Zhu Shi Real Estate Co., Ltd. at a reserve price of 22.12 billion yuan, with a transaction price of 40,800 yuan per square meter; two land plots in Nansha District were both competitively won by Guangzhou Nantou Real Estate Development Co., Ltd. at the reserve price, with transaction amounts of 9.17 billion yuan and 7.55 billion yuan respectively, and transaction prices of 10,283 yuan per square meter and 9,977 yuan per square meter respectively; the land in Huangpu District was competitively won by the joint venture of China Merchants City Investment and Science City Investment Group at a reserve price of 28.44 billion yuan, with a transaction price of 18,227 yuan per square meter.