民营房企补仓，上海土地市场再现“黑马”

Core Insights - Shanghai's mid-year land auction achieved the highest total amount this year, with a total land sale amount of 191.57 billion yuan from six plots [1] - The auction attracted 14 participating companies, including 6 state-owned enterprises and 1 private enterprise, indicating strong interest in the market [1] - The largest plot, a combination of six parcels in Baoshan District, was sold for 81.95 billion yuan, highlighting the competitive nature of the auction [2][3] Group 1: Auction Details - The total area of land sold during the auction was 271,700 square meters, with a planned total construction area of 638,500 square meters [1] - The auction was conducted over two days, with all five plots successfully sold [1] - The highest floor price was recorded at 73,000 yuan per square meter for a plot in Yangpu District, which became the new land king of the area [6] Group 2: Developer Participation - China State Construction Engineering Corporation and China Resources were the only two developers to bid for the largest plot, which was ultimately won by China State Construction East [3] - Poly Developments emerged as a significant winner, acquiring the most sought-after plot in Yangpu District for 35 billion yuan, with a premium rate of 30.79% [6][7] - Other notable developers included Jianfa and private enterprise Dahuazhi, which secured plots in Jinshan and Qingpu districts, respectively [7][8] Group 3: Market Implications - The auction reflects a trend of slowing supply of residential land, with a focus on "industry first, living facilities follow" development logic [5] - The successful sale of high-quality plots is expected to enhance the housing supply in Shanghai, contributing to a more stable real estate market [8] - The competitive bidding and high prices indicate strong demand for residential properties in prime locations, suggesting a positive outlook for future developments [2][6]