Core Viewpoint - Longfor Group reported its September unaudited operational summary, indicating a total contract sales amount of 5.01 billion yuan and a contract sales area of 447,000 square meters in September [1] Group 1 - In September, Longfor Group and its subsidiaries achieved total contract sales of 5.01 billion yuan [1] - The total contract sales area for September was 447,000 square meters [1]

集团2025年9月新增一块土地储备，总建筑面积3.20万平方米，权益建筑面积3.20万平方米，权益地价人 民币5.06亿元。截止2025年9月末，集团实现经营性收入约人民币199.0亿元(含税金额约人民币212.1亿 元)；其中运营收入约人民币105.5亿元(含税金额约人民币112.9亿元)，服务收入约人民币93.5亿元(含税 金额约人民币99.2亿元)。 格隆汇10月13日丨龙湖集团(00960.HK)公告，截止2025年9月末，集团累计实现总合同销售金额人民币 507.5亿元，合同销售面积394.3万平方米，9月单月实现总合同销售金额人民币50.1亿元，合同销售面积 44.7万平方米；9月单月实现归属公司股东权益的合同销售金额人民币35.5亿元，归属公司股东权益的合 同销售面积34.1万平方米。 ...

截止2025年9月末，该集团实现经营性收入约人民币199.0亿元(含税金额约人民币212.1亿元);其中运营收 入约人民币105.5亿元(含税金额约人民币112.9亿元)，服务收入约人民币93.5亿元(含税金额约人民币99.2 亿元)。 该集团2025年9月新增一块土地储备，总建筑面积3.20万平方米，权益建筑面积3.20万平方米，权益地价 人民币5.06亿元。 龙湖集团(00960)公布，截止2025年9月末，该集团累计实现总合同销售金额人民币507.5亿元，合同销售 面积394.3万平方米，九月单月实现总合同销售金额人民币50.1亿元，合同销售面积44.7万平方米;九月 单月实现归属公司股东权益的合同销售金额人民币35.5亿元，归属公司股东权益的合同销售面积34.1万 平方米。 ...

Group 1 - The core point of the article is that Longfor Group (00960) reported significant contract sales and operational revenue figures for the period ending September 2025, indicating strong performance in the real estate market [1] Group 2 - As of September 2025, the total contract sales amount reached RMB 50.75 billion, with a total sales area of 3.943 million square meters [1] - In September alone, the company achieved contract sales of RMB 5.01 billion, covering an area of 447,000 square meters [1] - The contract sales attributable to shareholders amounted to RMB 3.55 billion, with a corresponding area of 341,000 square meters [1] Group 3 - The company added a new land reserve with a total construction area of 32,000 square meters and an equity land price of RMB 506 million [1] Group 4 - By the end of September 2025, the company reported operating revenue of approximately RMB 19.90 billion (tax-inclusive amount of about RMB 21.21 billion) [1] - The operational revenue was approximately RMB 10.55 billion (tax-inclusive amount of about RMB 11.29 billion), while service revenue was around RMB 9.35 billion (tax-inclusive amount of about RMB 9.92 billion) [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 LONGFOR GROUP HOLDINGS LIMITED 龍湖集團控股有限公司 （於開曼群島註冊成立之有限責任公司） （股份代號：960） 二零二五年九月未經審核營運數據及新增土地儲備 龍 湖 集 團 控 股 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」）董 事 會（「董事會」）公 佈，截 止 二零二五年九月末，本集團累計實現總合同銷售金額人民幣507.5億元，合同銷售面積394.3萬平方 米，九月單月實現總合同銷售金額人民幣50.1億元，合同銷售面積44.7萬平方米；九月單月實現歸 屬本公司股東權益的合同銷售金額人民幣35.5億元，歸屬本公司股東權益的合同銷售面積34.1萬 平方米。 | 單位：億元人民幣 | 西 部 | 環渤海 | 長三角 | 華 中 | 華 南 | | --- | --- | --- | --- | --- | --- | | 合同銷售金額 | 14 ...

Core Insights - The report highlights the growth and distribution of the top 30 centralized long-term rental apartment companies in China, with a total of 1.398 million operational units as of September 2025, indicating a competitive landscape among various types of enterprises [1][4]. Summary by Category Operational Scale - The top 30 companies include 11 housing rental enterprises, 10 local state-owned enterprises, 4 entrepreneurial firms, 3 hotel-related companies, 1 intermediary, and 1 financial company. Housing rental enterprises dominate with a 46% share of the total operational scale [1][2]. - The operational scale distribution is as follows: - Housing Enterprises: 11 companies, 647,000 units, 37% of companies, 46% of operational scale - Local State-Owned Enterprises: 10 companies, 305,000 units, 33% of companies, 22% of operational scale - Entrepreneurial Firms: 22,200 units, 13% of companies, 16% of operational scale - Hotel-Related Companies: 15,900 units, 10% of companies, 11% of operational scale - Intermediaries: 4,900 units, 3% of companies, 4% of operational scale - Financial Companies: 1,500 units, 3% of companies, 1% of operational scale [2][5]. Management Scale - As of September 2025, the top 30 companies manage approximately 1.98 million units, with a similar distribution of company types as in the operational scale ranking. Housing rental enterprises maintain a stronghold with nearly 50% of the management scale [4][6]. - The management scale distribution is as follows: - Housing Enterprises: 11 companies, 950,000 units, 37% of companies, 48% of management scale - Local State-Owned Enterprises: 10 companies, 449,000 units, 33% of companies, 23% of management scale - Entrepreneurial Firms: 30,900 units, 17% of companies, 16% of management scale - Hotel-Related Companies: 20,900 units, 10% of companies, 11% of management scale - Intermediaries: 6,300 units, 3% of companies, 3% of management scale [5][6]. Market Trends - The average rental price across 50 cities in September 2025 decreased by 0.39% month-on-month and 3.76% year-on-year, reflecting a decline in market activity influenced by seasonal factors [8][11]. - Among the 50 cities, only 4 cities experienced a month-on-month increase in rental prices, while 46 cities saw declines, with Xi'an recording the largest drop at 1.22% [11][8]. Land Transactions - In September 2025, 137 residential land transactions occurred across 22 key cities, with a total planned construction area exceeding 9 million square meters. Chongqing led in transaction volume [14][16]. - Among these, 6 transactions involved rental land, totaling 14,000 square meters, indicating ongoing development in the rental housing sector [14][16].

有点意料之外，昆明楼市的"银十"小爆开场了。 据克而瑞发布的数据显示，国庆期间昆明楼市迎来一波小高峰，整体来访、成交双双上涨。总成交1055套，同比上涨19%；总体来访12371组，同比上涨 51%。 需要说明的是，因备案数据有一定的滞后性，多个项目实际成交的数据还要更高一些。例如，保利城官方发布的海报信息中，其国庆双节期间的销售额达 1.09亿元，卖出81套住宅，比统计数据还要高出10套之多。 落位到具体项目，卖得最好的楼盘，大多还是熟面孔，都在意料之中。有意思的是，节后其中部分楼盘宣布涨价，带来了一波小的"涨价潮"。 新规项目更受青睐，首置至改善层认购套数成倍增长 数据结果显示，国庆假期，新规住宅项目的认购套数提升显著。邦泰·悦九章·彩云、万科桂语东方、万科都会半岛、邦泰映悦、邦泰观云、龙湖峯萃6个项目 的转化率均在10%以上，认购套数在25-57套，一如既往的畅销。 图片来源：克而瑞 产品类型以改善型、高端改善型为主的邦泰春华序、邦泰观云、义承·丹霞翠屿、龙湖峯萃，受总高总价的影响，认购套数在11-37套，转化率约5%-10%。 龙湖峯萃作为今年新入市的项目，是滇池国际度假区少有的零公摊新品，国庆假期的 ...

Core Insights - In September 2025, Chengdu's new residential property supply reached approximately 212 million square meters, with transactions around 143 million square meters, indicating a month-on-month increase of 152.2% in supply and 13.8% in transactions [15] - The cumulative sales amount for the top 30 real estate companies in Chengdu from January to September 2025 was approximately 1359.7 billion yuan, with a total transaction area of about 646.6 million square meters [4][6] - The top three companies in terms of sales amount in Chengdu were China Railway Construction Real Estate, China Resources Land, and Chengdu Rail Transit City, each exceeding 100 billion yuan in sales [4][6] Market Performance - In September, the supply of residential properties was approximately 121.9 million square meters, with a transaction volume of about 84.9 million square meters, reflecting a month-on-month increase of 113.9% in supply and a 4.9% year-on-year increase in cumulative transactions [17] - The total cumulative supply of residential properties in Chengdu from January to September 2025 was 1351.7 million square meters, with total transactions of 1413.7 million square meters [15] Land Transactions - In September, Chengdu launched 21 residential land plots, with 13 successfully sold, resulting in an overall premium rate of 5.5% [19] - The market for second-hand homes also saw an increase in transaction volume, remaining the main driver of market activity, with transaction areas 2.2 times that of new homes [19] Policy Developments - On September 9, Chengdu issued a public consultation announcement regarding supplementary regulations to the "Technical Regulations for Urban Planning Management in Chengdu (2024)," aimed at regulating previous non-standard practices in property gifting and ensuring the overall quality of residential projects [19]

Core Insights - The report from Guandian Index indicates that the top 50 real estate companies added a total of 2.2564 million square meters of land in August, representing a month-on-month decrease of 54.03% [1] - However, the cumulative land area acquired by these companies from January to August reached 36.2423 million square meters, showing a year-on-year increase of 7.19% [1] Group 1: Land Acquisition Trends - Leading companies in land acquisition include China Overseas Land & Investment, China Merchants Shekou, and Poly Developments, with new land reserves of 3.0937 million square meters, 2.7564 million square meters, and 2.6719 million square meters respectively [3] - The companies with the highest land investment amounts from January to August are China Resources Land, China Overseas Land & Investment, and Greentown China, with equity land acquisition amounts of 58.45 billion yuan, 55.01 billion yuan, and 50.24 billion yuan respectively [3] - The companies with the most new land value added from January to August are Poly Developments, China Overseas Land & Investment, and China Merchants Shekou, with new land values of 89.45 billion yuan, 81.09 billion yuan, and 80.69 billion yuan respectively [3] Group 2: Strategic Focus and Market Dynamics - The land acquisition strategy remains focused on "core city concentration and risk control priority," with leading state-owned enterprises leveraging their financial and resource advantages to compete for quality core land [4][5] - Mixed-ownership and private enterprises are adopting a more cautious investment approach, emphasizing risk control and slowing down their land acquisition pace [4][5] - A notable transaction in August involved a joint bid by China Merchants and China Resources for a plot in Shenzhen, which was sold for 8.64 billion yuan, marking the highest total price for a land plot in Shenzhen this year [4] Group 3: Future Outlook - The current land acquisition landscape shows significant differentiation, with top state-owned enterprises actively acquiring land in major cities, while mixed-ownership and private firms are focusing on financial safety and precise layouts [5] - The competition for quality land is expected to remain intense under the "core city focus + risk control priority" framework, leading to a more pronounced structural differentiation in market activity [5]

(本文来自第一财经) 恒生指数开盘跌0.21%，恒生科技指数跌0.11%。龙湖集团跌超8%领跌蓝筹。长风药业上市首日涨逾 218%。 ...