证券时报·2025-07-24 13:31Core Viewpoint - The recent land auction in Shanghai on July 24, 2023, demonstrated sustained market enthusiasm, with a total of 5 plots sold for 18.53 billion yuan, indicating a stable trend in the real estate market supported by increased supply of quality new homes [1][2][6]. Summary by Sections Auction Results - On July 24, Shanghai auctioned 5 plots across various districts, resulting in 4 plots sold at a premium and 1 at the base price, totaling 18.53 billion yuan [3][6]. - The highest premium rate was observed in Minhang District at 30%, while mixed-use land in Jing'an and multi-purpose land in Putuo were acquired by China Overseas with premium rates of 10.1% and 14.17%, respectively, totaling 11.888 billion yuan [1][4]. Detailed Plot Information - Minhang District: Land area of 26,232.04 m², planning area of 65,580.1 m², starting price of 2.838 billion yuan, sold for 3.689 billion yuan with a floor price of 56,247 yuan/m² and a premium rate of 30% [4]. - Jing'an District: Land area of 16,809.38 m², planning area of 59,337.11 m², starting price of 4.871 billion yuan, sold for 5.363 billion yuan with a floor price of 90,390 yuan/m² and a premium rate of 10.1% [4]. - Putuo District: Total land area of 47,199.11 m², starting price of 5.715 billion yuan, sold for 6.525 billion yuan with a comprehensive floor price of 58,823 yuan/m² and a premium rate of 14.17% [4]. - Fengxian District: Land area of 25,690.6 m², starting price of 678 million yuan, sold for 758 million yuan with a floor price of 24,595 yuan/m² and a premium rate of 11.8% [5]. - Qingpu District: Multi-purpose land with a total area of 70,377.23 m², sold at the base price of 2.1948 billion yuan with a comprehensive floor price of 14,925 yuan/m² [5]. Market Analysis - The auction attracted 11 companies, including 4 central enterprises and 7 state-owned enterprises, indicating strong interest in high-quality land [7]. - The sustained enthusiasm in the Shanghai land auction reflects the city's robust economic scale, infrastructure, and talent resources, which continue to attract real estate investment [7]. - The ongoing heat in the land auction market, combined with the accelerated supply of quality new homes, is expected to support the stability of the Shanghai real estate market [7].