The Zhitong Finance App learned that according to data from the China Index Research Institute, in the third week after the New Deal (9.14-9.20), 300 cities planned to build 7.31 million square meters of residential land, land concessions of 19.3 billion yuan, continued to decline; the average premium rate was 3.7%, and high-premium plots continued to decline. There were premium residential land transactions in Zhengzhou, Hangzhou, Tianjin, and Fuzhou this week, but housing companies' bids became more rational, and the land acquisition logic further focused on location certainty, total price controllability, and space for subsequent product operation. Among them, the Mingrenli plot in the 27th district of Zhengzhou was contested by the local housing company Zhenghong Real Estate for 1,218 billion yuan, with a premium rate of 32.67%. At the end of the month, core cities will host intensive land auctions. According to monitoring by the Central Index, in late September, key Tier 1 and 2 cities will be auctioned for more than 90 residential lots, starting at about 76 billion yuan. Shanghai's Jing'an, Hongkou North Bund, Beijing's Fengtai Yuezhuang, Beijing, and Yuzhu and Pazhou in Guangzhou will focus on auctions.
Zhitongcaijing · 1d ago
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The Zhitong Finance App learned that according to data from the China Index Research Institute, in the third week after the New Deal (9.14-9.20), 300 cities planned to build 7.31 million square meters of residential land, land concessions of 19.3 billion yuan, continued to decline; the average premium rate was 3.7%, and high-premium plots continued to decline. There were premium residential land transactions in Zhengzhou, Hangzhou, Tianjin, and Fuzhou this week, but housing companies' bids became more rational, and the land acquisition logic further focused on location certainty, total price controllability, and space for subsequent product operation. Among them, the Mingrenli plot in the 27th district of Zhengzhou was contested by the local housing company Zhenghong Real Estate for 1,218 billion yuan, with a premium rate of 32.67%. At the end of the month, core cities will host intensive land auctions. According to monitoring by the Central Index, in late September, key Tier 1 and 2 cities will be auctioned for more than 90 residential lots, starting at about 76 billion yuan. Shanghai's Jing'an, Hongkou North Bund, Beijing's Fengtai Yuezhuang, Beijing, and Yuzhu and Pazhou in Guangzhou will focus on auctions.
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