Core Insights - The Kunming land market witnessed a historic moment on June 13, with YD Real Estate's subsidiary successfully acquiring a residential land plot for 230 million yuan, marking the end of a three-and-a-half-year period without land transactions exceeding 10,000 yuan per square meter [1][4][6] Group 1: Land Acquisition Details - The acquired land, located in the core area of Kunming, has a floor price of 12,144 yuan per square meter, making it the first residential land in 2025 to reach this price point [1][7] - The plot, designated for the "Ma Yuan City Village Renovation Project," covers approximately 10.25 acres and is strategically positioned at the intersection of Dianmian Avenue and Keye Road, within the second ring road [4][6] Group 2: Historical Context and Project Development - The land's development history includes a decade-long stagnation, with previous attempts to develop the site failing due to financial issues, leading to a halt in construction [6] - YD Real Estate intervened in 2021, reviving the stalled project and rebranding it as "YD Yun Jin No. 1," with the newly acquired land serving as the second phase of this project [6][7] Group 3: Market Implications - The acquisition is significant for Kunming's sluggish land market, as the average transaction price for residential land in the first half of 2024 plummeted by 63.71% year-on-year to 704 yuan per square meter [7] - The new land price not only sets a record for the past three years but also ranks among the top six historical land prices in Kunming, indicating a potential shift in the competitive landscape for high-end residential properties [7]
远大摘地 时隔3年半昆明再现楼面价过万元的住宅用地
Sou Hu Cai Jing·2025-06-16 14:13