Core Viewpoint - The recent land sales in Xiamen indicate a trend of local state-owned enterprises acquiring properties at base prices, reflecting a relatively subdued real estate market since 2025, with only a few high-quality residential plots sold at premium prices [2][5]. Summary by Sections Land Sales Overview - On September 23, four residential plots in Xiamen were sold for a total of 81.25 billion yuan, all acquired by local state-owned enterprises at base prices [2]. - The overall performance of the Xiamen real estate market has been relatively flat since 2025, with most land transactions occurring at base prices [2]. Detailed Analysis of Sold Plots - Plot 078 (Siming District): Acquired by Xiamen Guomao for 22.2 billion yuan, with a floor price of 40,000 yuan/sqm. The plot is located in a core urban area and is expected to attract high-net-worth individuals due to its proximity to tech and service industries [5]. - Plot 079 (Huli District): Acquired by Jianfa Real Estate for 20.38 billion yuan, with a floor price of 40,000 yuan/sqm. The site is conveniently located near public transport and various amenities, enhancing its residential appeal [9]. - Plot 080 (Jimei District): Acquired by Xiangyu and Jimei Development for 22.69 billion yuan, with a floor price of 22,000 yuan/sqm. The area is expected to benefit from educational institutions, which may drive up property values [12]. - Plot 081 (Haicang District): Acquired by Xiamen Metro for 15.98 billion yuan, with a floor price of 18,000 yuan/sqm. This plot is the last available for development on Dongyu Island, offering ecological advantages despite lower visibility due to surrounding developments [16]. Market Context - The overall trend in Xiamen's land sales suggests a cautious approach from developers, with most transactions occurring at base prices and limited premium sales, indicating a potential stagnation in the real estate market [2][5].
土拍速递|厦门4宗宅地成交81.25亿元,均由本地国企竞得
克而瑞地产研究·2025-09-23 04:36