2025-03-26 03:31Investment Rating - The report does not explicitly provide an investment rating for the real estate industry in Chengdu and Sichuan for the period of January to February 2025 Core Insights - The total sales amount for the top 30 real estate companies in Chengdu during January and February 2025 reached approximately 299.19 billion yuan, with a total transaction area of about 1.34 million square meters, indicating a robust market performance [3][6][11] - The top three companies by sales amount were China Railway Construction Real Estate (23.8 billion yuan), China Resources Land (21.2 billion yuan), and Longfor Group (20.9 billion yuan), with 11 companies exceeding 10 billion yuan in sales [4][6][11] - The report highlights a positive trend in the real estate market, with expectations for continued growth as the traditional off-season ends and the "golden three silver four" period approaches [17] Summary by Sections Sales Performance - In January and February 2025, the total sales amount for the top 30 real estate companies in Chengdu was approximately 299.19 billion yuan, with a total sales area of about 1.34 million square meters [3][6][11] - The top three companies by sales amount were: 1. China Railway Construction Real Estate: 23.8 billion yuan 2. China Resources Land: 21.2 billion yuan 3. Longfor Group: 20.9 billion yuan [4][6][11] - A total of 11 companies achieved sales exceeding 10 billion yuan, indicating strong market activity [6][11] Market Trends - The report notes that the supply area of commercial housing in Chengdu was 900,000 square meters, with a transaction area of 137,000 square meters in February 2025 [17] - The commercial residential supply area was 500,000 square meters, with a transaction area of 101,000 square meters [17] - The report anticipates a significant upward trend in sales as the market transitions from the traditional off-season [17] Land Acquisition - China Resources Land led the land acquisition in Chengdu and Sichuan with an amount of 34 billion yuan, while Chongzhou Shuxing Real Estate topped the land scale with 23,000 square meters [14]