Leading real estate developers are putting real money into increasing their stakes in Guangzhou.

Following the implementation of the detailed rules for the "August 28 New Policy," Guangzhou's property market is responding to market concerns from two major dimensions: land bidding enthusiasm and actual market transactions. On October 9, a residential plot in Huangpu Science City was sold after 71 rounds of bidding, at a premium of 26.61%. Combined with the recent premium transactions of multiple plots, leading real estate developers are demonstrating their recognition of the value of Guangzhou's core districts through their enthusiasm for investment. During the just-concluded National Day Golden Week, Guangzhou's new home market showed a structural recovery, with subscriptions for 50 typical projects monitored by institutions rising 64% month-on-month, reflecting the logic that Guangzhou's urban value and property market are viewed favorably in the long term.