深圳一宅地溢价率65%！年末多地土拍高溢价成交

Core Viewpoint - The recent high premium land sales in Shenzhen and other cities indicate a structural recovery in the real estate market, with expectations for continued high premium transactions in core areas [2][5]. Group 1: Shenzhen Land Auction - On December 10, a residential land parcel in Futian District, Shenzhen, was sold for a total price of 792 million yuan, with a floor price of 42,695 yuan per square meter and a premium rate of 65% [2][4]. - This land parcel, measuring 4,994.02 square meters, is the first publicly auctioned pure residential land in Futian in 16 years and the last residential land auctioned in Shenzhen for 2025 [4][5]. - The auction attracted eight bidders, including major developers like China Overseas, Poly, and China Railway, highlighting the competitive nature of the market [4][5]. Group 2: Market Trends and Predictions - Analysts believe that the high premium of 65% for the Futian land indicates a structural recovery in Shenzhen's real estate market, driven by the scarcity of land in core areas [5]. - It is anticipated that Shenzhen will maintain market heat through the sale of a limited number of quality land parcels in 2026, with high premium transactions becoming a norm in core areas [5]. - The land sale requires all units to be sold as completed properties, which may influence future land sale policies and accelerate industry consolidation, favoring larger developers over smaller ones [5]. Group 3: Other Cities' Land Sales - Recent land auctions in cities like Chengdu, Guangzhou, and Nanjing have also seen high premium sales, with premium rates exceeding 20% [3][6]. - For instance, in Chengdu, two residential land parcels were sold at the base price, totaling 1.899 billion yuan, while in Guangzhou, a residential land parcel was sold for 3.5 billion yuan with a premium rate of 27.27% [3][6].