Recently, the minimum bids for parcels being auctioned for $L have been set at $L10. We've decided to return to setting minimums set at $L1 per square meter. So, for example, a 1024 square meter parcel requires a bid of at least $L1024. We will also set higher minimums for the larger $US plots: those exceeding 3000 meters will be $US15 and those that are 5000+ will require a $US20 bid, etc.
If a parcel gets no bid, then we will release it as public land. That means you can buy as much of it as you wish at $1L per meter in world.