Zheng Quan Ri Bao·2025-08-01 16:07Core Insights - The land market in China continues to heat up in 2025, with the top 100 real estate companies collectively acquiring land worth 578.3 billion yuan, a year-on-year increase of 34.3% [1] Group 1: Land Acquisition Trends - In July 2025, competition for quality land in core cities remains intense, driven by companies seizing the opportunity to replenish their land banks and local governments actively releasing quality land to attract investment [1][2] - China Overseas Land & Investment, Greentown China Holdings, and Poly Developments rank as the top three companies in land acquisition amounts, accounting for approximately 26% of the total land acquisition value [1] - Greentown China leads in land area acquired, with 2.48 million square meters, followed by Poly Developments and China Overseas Land with 2.05 million and 2.03 million square meters, respectively [1] Group 2: Company Performance - State-owned enterprises continue to dominate land acquisition, with private companies like Hangzhou Binjiang Real Estate Group and Sichuan Bangtai Investment Group also making significant moves [2] - In terms of new value added, Greentown China tops the list with 111.6 billion yuan, followed by China Overseas Land at 93.5 billion yuan and Poly Developments at 90.7 billion yuan [2] - The top 10 companies account for 43.5% of the total new value added by the top 100 companies in the first seven months of 2025 [2] Group 3: Regional Insights - The Yangtze River Delta remains the most active region for land acquisition, with the top 10 companies in this area acquiring 180.2 billion yuan worth of land, leading the four major city clusters [2] - The Beijing-Tianjin-Hebei region ranks second with 89.4 billion yuan, while the central and western regions follow with 45.7 billion yuan [2] Group 4: Future Outlook - Companies are increasingly focusing on project safety and profitability, with core land in hot cities expected to see high premium transactions [3] - A "reduction in quantity and improvement in quality" model for land supply is anticipated to continue, with cities possibly optimizing land supply structures and lowering starting prices to attract investment [3] - Competition in product quality is expected to intensify, with trends such as improved usable area and upgraded exterior materials driving companies to enhance their design capabilities [3]