Core Viewpoint - The acceleration of revitalizing idle land by central ministries will bring more strong and certain investment opportunities [1][6][7] Supply and Demand - In September, the supply of land reached 83.63 million square meters, a month-on-month increase of 27%, but a year-on-year decrease of 8.5% [2][9] - The transaction volume was 65.92 million square meters, with a month-on-month increase of 50% and a year-on-year increase of 2% [3][16] Market Heat - The average premium rate in September was 3.2%, marking a year-to-date low, primarily due to the concentration of land auctions in a few cities and premium rates declining as transaction volumes increased [4][20] Distribution of Transactions - First-tier cities saw a year-on-year decrease of 45% in transaction amounts, while second-tier cities experienced a 45% increase, and third and fourth-tier cities remained flat [5] Future Outlook - The central government is promoting the revitalization of idle land, which is expected to improve supply and demand expectations and provide more certain investment opportunities in the land market [6][12][7] - The implementation of market-oriented measures for revitalizing idle land is anticipated to enhance the quality of land supply and stabilize market demand [12][7]
土地月报｜成交规模环比周期性回升，上海、杭州延续点状热度（2025年9月）
克而瑞地产研究·2025-10-01 05:13