Xu Jiaying's nephew's mansion was sold for 50.16 million.

On February 26, a luxury house in Tianhe District, Guangzhou, with an estimated value of 44 million yuan, was auctioned on the Alibaba judicial auction platform and was sold to a buyer at a price of 50.16 million yuan. According to Jiemu News, the property owner is Xu Huojian, the nephew of Xu Jiayin, the chairman of the Evergrande Group. The auction platform announcement shows that the property is located in the Qiaoxin Huiyue Tai community in Tianhe District, with a building area of 317.5 square meters, an assessed value of 44 million yuan, and a starting price of 44 million yuan. There were 3 bidders participating in the auction. In the morning of the 26th, after several rounds of bidding, the luxury house was finally sold to a buyer surnamed Su for 50.16 million yuan. The property was auctioned by the People's Court of Potou District, Zhanjiang City, before the Spring Festival. According to the court announcement, the property is located at Room 902, No. 421 Linjiang Avenue, Tianhe District, Guangzhou, and it is the first auction with Xu Huojian as the owner.