观楼｜俊发·俊云峰降价持续热销，招商建管接手天宇澜山后续开发

Market Overview - In the week of December 8-14, 2025, the Kunming real estate market experienced an increase in both volume and price, driven by the sales of discounted old projects and the concentrated registration of engineering compensation housing [1] - A total of approximately 33,900 square meters were supplied to the market, representing a 7% week-on-week increase, with around 219 units available [1] - The total transaction volume reached approximately 66,100 square meters, marking a 21% week-on-week increase, with an average transaction price of approximately 12,640 yuan per square meter, a slight increase of 1% [1] Project Performance - Poly Tianjun Phase II continued to perform well after its launch, maintaining a position in the top three sales rankings with weekly sales of approximately 45 million yuan, selling 19 units at an average price of about 17,389 yuan per square meter [3] - Junfa Junyunfeng led the sales in the top five residential projects, achieving weekly sales of about 30 million yuan, selling 25 units at an average price of approximately 10,132 yuan per square meter [3] - Longfor's three projects also ranked well, with Longfor Tianpu and Longfor Xuechenfu achieving sales of approximately 40 million yuan and 39 million yuan, respectively, with average prices of about 21,096 yuan and 12,403 yuan per square meter [3] New Projects and Land Supply - The new residential project in Chenggong New City, Zhongtong Lian Dashushan, continued to perform well, selling 18 units at an average price of approximately 10,832 yuan per square meter [4] - Last week, a total of 10 land parcels were supplied in Kunming's main urban area, all sold at base prices, with companies like Longfor, Yunnan Urban Investment, and New Hope acquiring land [4] - The Huayun Runfu project launched 99 high-rise units with a construction area of approximately 145-189 square meters, achieving a sales rate of about 8% with an average price of approximately 18,000-19,000 yuan per square meter [4] Project Management and Financials - On December 8, the bidding results for the Tianyu Lanshan project were announced, with Shenzhen招商建设管理有限公司 winning the bid with a total fee rate of 2.5% [6] - The Tianyu Lanshan project currently has total liabilities of approximately 3.2 billion yuan, including priority debts of 400 million yuan and ordinary debts of 1.27 billion yuan [6] - The project management will utilize the brand influence of 招商建管 to enhance sales, covering all aspects from planning to delivery [6]