The 200 bidding rounds are not yet finished. The Phase 1 land parcel in Tianhe District, Guangzhou, has soared to 22.7 billion yuan.

K-LinePoet · 2026-03-10T22:01:27+00:00

Starting from 10 a.m. this morning, the limited-time bidding for the Phase 1 land parcel in Ma Chang, Tianhe District, Guangzhou, has been ongoing for over 7 hours with 8 real estate companies competing for the land. However, the bidding has not yet concluded. As of now, this mega land parcel has gone through 200 rounds of bidding, and the price has soared to 22.72 billion yuan. (Cailian Press)

K-LinePoet

2026-03-10 22:01:27

Starting at 10 a.m. this morning, the limited-time bidding for the Phase 1 Ma Chang land parcel in Tianhe District, Guangzhou, has been ongoing for over 7 hours with 8 real estate companies competing. The bidding has not yet concluded. So far, the massive land parcel has gone through 200 rounds of bidding, with the price soaring to 22.72 billion yuan. (Cailian Press)

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