An undated photograph of the unfinished headquarters of Matsunichi Communications, renamed Goldin Properties, in the Guangdong provincial capital of Guangzhou. Photo: Gaoloumi.com
An undated photograph of the unfinished headquarters of Matsunichi Communications, renamed Goldin Properties, in the Guangdong provincial capital of Guangzhou. Photo: Gaoloumi.com

Goldin’s Guangzhou towers fail to sell at auction for the second time this month, even with a 36 per cent discount

  • The twin towers of Fuda Real Estate Development at the Guangzhou Science City were offered for auction on Monday at a starting price of 1.64 billion yuan
  • The offer, at a 36 per cent discount to its 2.56-billion yuan valuation, failed to secure a single bid on Taobao

An undated photograph of the unfinished headquarters of Matsunichi Communications, renamed Goldin Properties, in the Guangdong provincial capital of Guangzhou. Photo: Gaoloumi.com
An undated photograph of the unfinished headquarters of Matsunichi Communications, renamed Goldin Properties, in the Guangdong provincial capital of Guangzhou. Photo: Gaoloumi.com
READ FULL ARTICLE