Five residential land parcels in Guangzhou were sold at a minimum price of 5.569 billion yuan.

On May 30th, there were 5 residential land plots put up for sale in Guangzhou, including 1 in Tianhe District and 4 in Panyu District. The total land area for construction was 108992.46 square meters, with a total planned construction area of 309350.41 square meters, and a total starting price of 5.569 billion yuan. Ultimately, all 5 plots were sold at the base price, with a total transaction amount of 5.569 billion yuan.