ITG(SH:600755) Sou Hu Cai Jing·2025-09-25 07:20Core Viewpoint - The recent auction of a residential land parcel in Chengdu's Jinjiang District has set a new record for starting floor prices, indicating strong demand in the local real estate market [3][10]. Group 1: Auction Details - A residential land parcel of approximately 18.7 acres was publicly auctioned in the Yixinqiao area of Jinjiang District, Chengdu, with Xiamen Guomao winning the bid at a floor price of 25,100 yuan per square meter [1][5]. - The starting floor price of 21,000 yuan per square meter broke the previous record set in June for a nearby Chengdu tea factory site, which had a starting price of 20,200 yuan per square meter [3][10]. Group 2: Market Context - The auctioned land is located near the Niuwangmiao subway station and has a plot ratio of 2.5, designated solely for residential use [3]. - The surrounding area includes well-known residential projects such as New Hope D10 Tianfu and Jinjiang Shoufu, which have sold out, indicating a lack of new housing supply in the vicinity [7][11]. - The competitive bidding environment reflects the limited availability of land in Jinjiang District, which has seen three land parcels auctioned this year, attracting significant attention from real estate companies [11]. Group 3: Historical Comparisons - In June, Xiamen Guomao also acquired the Chengdu tea factory site for 35,500 yuan per square meter, marking it as the second-highest floor price in Chengdu's history, with a total price of approximately 2.326 billion yuan and a premium rate of 75.74% [7]. - Earlier this year, in March, Jianfa set a record for the highest single price per square meter in Jinjiang District at 41,200 yuan [10].