TANDE(SH:600665) Sou Hu Cai Jing·2025-09-18 13:44Core Insights - The land market in Xi'an experienced a concentrated transaction day, with 12 out of 14 planned plots successfully sold, totaling 658.835 acres and generating a transaction amount of 6.109 billion yuan [1][2][16] Group 1: Land Transactions - A total of 12 plots were sold, with 11 sold at the base price and 1 at a slight premium, including 5 commercial plots totaling 148.07 acres and 7 residential/commercial plots totaling 510.765 acres [2][16] - Notable commercial land transactions include a 40.43-acre plot in Yanta District acquired by Future Real Estate Co., which will host the first Sam's Club in Northwest China [3][4][7] - Another significant transaction involved a 69.491-acre commercial plot in the Chanba International Port area, purchased by Shaanxi Renhui Real Estate Development Co. for 305.6 million yuan [7][9] Group 2: Major Developers - Major developers such as China Merchants Shekou, Tiandi Source, and Longxiang actively participated in acquiring residential plots, with China Merchants Shekou's total land acquisition amount in Xi'an exceeding 2.3 billion yuan this year [10][11] - Longxiang secured a 99.138-acre residential plot for 1.1528 billion yuan, while Tiandi Source acquired a 125.377-acre residential plot for 2.015 billion yuan [10][13] Group 3: Market Trends - The overall land market in Xi'an remains less heated compared to first-tier and strong second-tier cities, attributed to cautious developer behavior and a large supply of land [16][17] - The recent land auction results indicate a mixed sentiment, with some expected plots experiencing unexpected failures to sell, particularly in the popular Tuanjie area [16][17]