SFHN(SZ:000631) Yang Zi Wan Bao Wang·2025-05-15 06:19Core Insights - The G29 land parcel in Nanjing's Yuhua Digital City was sold at a base price of 2.605 billion yuan, with a floor price of 16,030 yuan per square meter, marking a significant investment in the local real estate market [1] - The land has been under supply for nearly 21 months, indicating a renewed interest in residential development in the area [1] - The winning bidder, Xiamen Lianfa Group, is entering the Yuhua core area for the first time, reflecting confidence in Nanjing's real estate market [1] Land Development Details - The G29 parcel will be developed with a maximum average unit area of 102 square meters, with at least 15% of units being smaller than 82 square meters, resulting in approximately 1,593 housing units [1] - The scale of 1,593 units is significantly larger than nearby projects, such as Poly He Yu Zhen Yue with 1,136 units and other projects with around 870 units each, indicating a competitive advantage in the market [1] Market Demand and Target Demographic - The development will focus on small to medium-sized units, catering to the high demand from young professionals in the software industry, which is prevalent in the Yuhua area [2]