Bei Jing Wan Bao·2025-06-13 06:57Core Viewpoint - The real estate market in Tongzhou District is experiencing a surge in confidence among developers, driven by high land auction prices, strong demand for new homes, and supportive policy adjustments [1][4][8]. Group 1: Land Auction Market Performance - The recent land auction in Tongzhou saw China State Construction winning a group of eight residential plots for a record total of 74.91 billion yuan, with a floor price translating to approximately 32,300 yuan per square meter [2]. - The land is strategically located near the North Canal and has favorable transportation access, being about 500 meters from the subway line 6 and 400 meters from the under-construction line 22 [2]. - Other notable land transactions include a plot sold to China Merchants Shekou for 2.7082 billion yuan with a premium of 16.28% and another to China Railway Construction for 775.52 million yuan with a premium of 21.94% [3]. Group 2: New Housing Market Dynamics - The new housing market in Tongzhou is characterized by a robust supply-demand balance, with 1,800 new residential units planned for 2025, of which 1,327 have already been sold [7]. - The market features a variety of housing types, including both affordable and high-end options, catering to diverse buyer needs [7]. - The introduction of new projects, such as those by China Railway Construction and China Merchants Shekou, is expected to intensify competition in the market [6][7]. Group 3: Policy and Economic Factors - The easing of the "dual limit" policy in February 2024 has significantly boosted buyer confidence and demand in the Tongzhou real estate market [8]. - The government has invested heavily in infrastructure and urban development in Tongzhou, with annual investments reaching billions, enhancing the area's appeal [8][9]. - The combination of policy support and improved urban amenities is driving a transformation in the living experience in Tongzhou, making it an attractive option for homebuyers [10][11].