Guomao Real Estate and Poly Property joint project Guangzhou Maritime Ink launches sales with 420 million yuan

The Viewpoint News Report: On April 3, according to a release by COFCO Real Estate, the COFCO · Poly Ocean Impression project in the Guangzhou Bai’e Tan area has recently opened its first phase. On the day it opened for sales on March 28, units were sold out by 90%, raising approximately RMB 420 million.

According to the introduction, the project is jointly developed by COFCO Real Estate and Poly Property, both of which are central state-owned enterprises and among the world’s top 500. The first offering includes 1 building with a total of 120 units, covering floor plans such as 76-square-meter three-bedroom units, 88-89-square-meter four-bedroom units, and 106-square-meter four-bedroom units, with mainstream prices of about RMB 42,000-44,000 per square meter.

Public information shows that the project is located on the first-row riverside in Bai’e Tan, adjacent to the Shipweitang Station on Line 11. With one stop, it provides access to the M1-grade upscale landmark complex Vantage City under construction.

Disclaimer: The contents and data in this article are compiled by Viewpoint based on publicly available information and do not constitute investment advice. Please verify before use.

(Editor: Liu Chang)

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