观楼｜云南每3套商品房就有1套被外省人买走，俊发债务重组终破局

Core Insights - The Kunming real estate market experienced a decline in transaction volume while prices remained stable, with significant contributions from the South City District and Chenggong new regulations [1] - Yunnan's commercial housing sales area has seen positive growth for six consecutive months, with one in three units sold to buyers from outside the province [1][10] - The Sunshine City project, which had been stalled, has found new investors, indicating potential for future development [10][11] - Junfa Group has partnered with Orix, Oriental Assets, and Longfor to revitalize its projects, focusing on various aspects including project completion and commercial operations [11][12] Market Performance - In the last week, only one project in Kunming supplied 16,000 square meters, a 35% decrease from the previous week, while total sales reached 68,700 square meters, down 20% [1] - The average transaction price was approximately 12,149 yuan per square meter, showing a slight increase of 2% [1] - The top-selling projects were new residential developments, with sales amounts of approximately 0.69 billion yuan, 0.49 billion yuan, and 0.32 billion yuan, with average prices ranging from 10,307 to 18,882 yuan per square meter [3][4] Project Developments - The North University Resources project launched a new phase, selling 8 out of 14 units at a high absorption rate of 57%, with prices holding steady at 15,000-16,000 yuan per square meter [5] - The Sunshine City project, previously stalled due to financial issues, is now under new management, which may lead to renewed development opportunities [10][11] - Junfa Group has initiated a strategy to focus on selling existing homes to alleviate debt issues, having disposed of several assets to streamline operations [14][16] External Buyer Trends - The proportion of external buyers in Yunnan has increased to 31.7%, up 6.9 percentage points from 2022, indicating a growing interest in the region's real estate market [10] - Notably, areas like Xishuangbanna have seen external buyer proportions as high as 74.9%, reflecting the appeal of Yunnan's ecological and residential advantages [10]