Supply and Demand - As of June 25, 2025, land supply reached 52.53 million square meters, a month-on-month increase of 9% but a year-on-year decrease of 12.2%[2] - The total transaction area was 45.7 million square meters, down 4% year-on-year, while transaction value was 157.3 billion yuan, up 22% year-on-year[2] - The average premium rate for land transactions in June was 4.2%, continuing a downward trend since the second quarter[2] Market Trends - First and second-tier cities saw premium rates drop to around 5%, the lowest since 2025, while third and fourth-tier cities experienced a decline to 2.7%[12] - High-value land parcels in first-tier cities like Shanghai and Beijing were sold at low premiums, indicating a shift towards high-difficulty projects with substantial investment requirements[18] - The market is expected to see more high-quality residential land supply in the second half of 2025, driven by urban renewal initiatives and local government policies[3] Regional Insights - First-tier cities showed a significant increase in transaction value, with Beijing, Shanghai, and Chengdu each exceeding 10 billion yuan in transaction amounts[8] - In second-tier cities, Fuzhou and Hefei had land sales exceeding 10 billion yuan, with Suzhou setting a record for starting prices at 4.29 billion yuan[6] - The average floor price in June was 3,443 yuan per square meter, reflecting a month-on-month increase of 23% and a year-on-year increase of 27%[8]
成交规模季节性增长,京沪多宗高总价地块顺利出让
2025-08-08 01:49