Core Viewpoint - The Shandong Provincial Government has issued implementation opinions to promote urban renewal, allowing for flexibility in building standards and land use to enhance urban infrastructure and public services [1][3]. Group 1: Urban Renewal Policies - The implementation opinions allow for urban renewal projects to adhere to existing conditions if current standards cannot be met, ensuring public safety and legal rights are maintained [3][4]. - New municipal infrastructure and public service facilities that are small in area or do not occupy separate land will not be counted towards the floor area ratio, with specific standards determined by local governments [3]. Group 2: Land Use and Supply - Various land supply methods will be explored, allowing for land to be supplied with approved design plans, while ensuring compliance with market competition principles [3][4]. - Under certain conditions, land use rights can be established, supplied, and registered in layers above or below ground, promoting mixed-use development and rational land type conversion [3][4]. Group 3: Planning and Approval Processes - Cities are encouraged to focus on key areas for urban renewal and streamline the planning and approval processes to enhance efficiency while adhering to overall planning controls [4]. - For older districts and historical areas that struggle to meet current standards, cities can determine building conditions based on existing conditions, facilitating the renewal process [4].

Core Viewpoint - The Shandong Provincial Government has issued the "Implementation Opinions on Continuing to Promote Urban Renewal Actions," emphasizing strict protection of historical and cultural heritage during urban renewal efforts [1][3]. Group 1: Historical and Cultural Protection - Shandong Province will introduce the "Shandong Provincial Historical Building Protection Measures," establishing a dual protection framework of "provincial regulations + measures," making it the first in the nation to do so [1][3]. - The province has already implemented the "Shandong Provincial Regulations on the Protection of Historical Cities, Towns, and Villages," and is encouraging other historical cities to develop local regulations [3][4]. - The government aims to prevent large-scale demolitions and ensure that urban renewal projects do not violate the protection requirements of historical districts and cultural streets [3][4]. Group 2: Urban Renewal Strategy - Shandong will conduct special surveys of old urban areas and streets to create a new list of potential historical cultural districts, ensuring a pre-protection system is in place [3][4]. - The province promotes a small-scale, incremental approach to urban renewal, focusing on the restoration of historical cultural districts and buildings, while improving living environments and municipal infrastructure [4]. - There will be regular assessments of historical cultural protection, focusing on the dimensions of "finding, protecting, repairing, using, and managing" to ensure comprehensive coverage of historical sites [4]. Group 3: Community Engagement and Cultural Integration - The government plans to innovate in the active transmission of cultural heritage, integrating traditional culture with modern life to create vibrant neighborhoods that attract young people for tourism and entrepreneurship [4]. - A new mechanism will be explored for the protection and utilization of historical sites, emphasizing community involvement in the implementation of protection measures [4]. - Efforts will be made to enhance the promotion and interpretation of urban historical culture, aiming to showcase Shandong's rich cultural heritage through exemplary cases [4].

Core Viewpoint - Urban renewal has become a key focus in the real estate market, with various cities actively addressing challenges and reviving stalled projects [1][5]. Group 1: Project Updates - The Jinzuan Haoyuan project in Shenzhen's Luohu District, known as one of the most difficult to renovate, has faced multiple challenges since being included in the renovation list in 2010, including high "nail household" prices and developer financial issues [1][3]. - A consortium led by CITIC has been selected as the market cooperation entity for the Jinzuan Haoyuan project, with a revitalization plan agreed upon after two months of negotiations [3]. - The Bujin Nanmen Duntun urban village renovation project in Shenzhen has also made progress after being stalled due to the developer's financial troubles, with Shenzhen Tianjian Urban Development Co., Ltd. winning the bid for the project [3]. Group 2: Market Trends and Challenges - The transformation of Huatai Community into the "New World Xiangmi Four Seasons Garden" project in Shenzhen has seen two units obtain pre-sale permits, with a recorded average price of 131,200 yuan per square meter [4]. - Many urban renewal projects in Shenzhen exhibit high plot ratios and inadequate commercial office configurations, leading to concerns about excessive high-rise residential buildings [4]. - The Shenzhen Planning and Natural Resources Bureau has commissioned a study to address issues related to excessive plot ratios, building heights, and oversupply of commercial office space in urban renewal projects [4]. Group 3: Policy and Future Outlook - Recent policy initiatives across various regions are accelerating urban renewal efforts, with expectations for more detailed supportive policies to emerge [5]. - The urban renewal process is anticipated to play a significant role in stabilizing growth, expanding domestic demand, and improving living standards, contributing to the transformation of urban development methods and high-quality urban growth [5].

21世纪经济报道记者 吴抒颖 深圳报道 2025年9月中旬的一个午后，南头古城一家糖水铺里面，设计师与工程师不断出入勘察，讨论这栋建筑 的完善方案。工作团队反复推敲，论及的细节包括屋檐、窗花的样式应如何设计。 （原标题：从城中村到文化高地，南头古城焕新记录） 南头古城一砖一瓦，均非一蹴而就。自2019年启动城市更新微改造以来，南头古城的蜕变从未停止。曾 经的南头古城，是一座典型的城中村：居住环境差、违章建筑多，安全隐患多。 南头古城项目负责人介绍，南头古城的改造前提是，核心改造面积控制在30%，不改变原有城中村的社 会结构，并保留居住作为主要社区功能基础，绝大部分原住民可留在当地，并共享改造成果，例如显著 改善的人居环境、日常管理水平和服务配套。 与此同时，南头古城还要在改造后空间融入当代城市要素、多元业态和城市文化空间，在保留城中村烟 火气的基础上，利用功能业态升级及公共空间改善满足了多元人群的复合需求，让更年轻、更文艺的新 兴人群进入南头古城工作和生活，带来了新的创意活力。 南头古城在深圳又具有特殊的意义，它具有1700余年的历史，见证深圳这座新兴城市的历史变迁。南头 古城共有建筑1000余栋，包括一处广 ...

齐鲁晚报·齐鲁壹点记者 王皇 9月24日，记者从山东省政府新闻办举行的省政府政策例行吹风会现场了解到，中共山东省委办公厅 山东省人民政府办公厅《关于持续推进城市更新行动的 实施意见》（以下简称《实施意见》）日前印发实施。山东省住房和城乡建设厅党组书记任海涛介绍，《实施意见》包括5个部分17条内容，围绕城市更新 干什么、怎么干、钱从哪来、谁来干提出，并支持探索多种供地方式、创新项目实施模式等。 在引导多方参与方面，鼓励产权人积极参与，享受更新带来的经济收益、生活便利，政府给予政策扶持。支持开发企业、施工企业、规划设计企业等转型参 与，从提供短期的工程建设服务，向提供长期的全链条运营服务转变。引导咨询、法律等服务机构提前介入、深度参与，依法专业开展更新，细致做好群众 工作。 在创新实施模式方面，围绕项目决策生成，一体化推进城市体检和城市更新，梳理安排好项目建设轻重缓急和实施次序。围绕项目实施流程，提出策划、融 资、设计、建设、运营一体化解决方案。围绕项目资金平衡，探索跨区域平衡、多项目捆绑平衡、近远期平衡、建设运营平衡等模式，合理搭配，统筹更新 片区内资源配置和产出效益。 当前，我国城镇化正从快速增长期转向稳定发 ...

齐鲁晚报·齐鲁壹点记者 王皇 9月24日，记者从山东省政府新闻办举行的省政府政策例行吹风会现场了解到，中共山东省委办公厅 山东省人民政府办公厅《关于持续推进城市更新行动的 实施意见》（以下简称《实施意见》）日前印发实施。在吹风会现场，山东省住房和城乡建设厅党组书记任海涛表示，山东将编制《山东省"十五五"城市更 新行动规划》，推动济南、青岛等设区市出台城市更新条例，搭建政银企沟通平台，建立常态化项目对接机制。 5 82 李新闲 任海涛表示，山东省住房和城乡建设厅将会同有关部门，健全政策规划体系。编制《山东省"十五五"城市更新行动规划》，研究分析城市更新实施现状，明 确未来五年城市更新的目标、指标和工程项目。制定省城市更新指引，涵盖谋划生成项目、申请支持资金、享受税费优惠、高效办理审批等内容，加强流程 引导和分类指导，为地方实操提供"工具箱"。推动济南、青岛等设区市出台城市更新条例，界定城市更新内涵外延，明确职责分工，固化有效制度，加强权 益保障，推动更新行动在法治轨道上开展。 增强系统性持续性。广泛开展城市体检，从住房、小区（社区）、街区、城区（城市）四个维度查找影响城市发展和群众生产生活的问题。制定实施城市更 ...

齐鲁晚报·齐鲁壹点记者 王皇 9月24日，记者从山东省政府新闻办举行的省政府政策例行吹风会现场了解到，中共山东省委办公厅 山东省人民政府办公厅《关于持续推进城市更新行动的 实施意见》（以下简称《实施意见》）日前印发实施。《实施意见》聚焦解决人民急难愁盼问题，围绕建设创新、宜居、美丽、韧性、文明、智慧的现代化 人民城市目标，部署了五大重点任务。 5 82 李新闲 实施片区综合改造。明确城市更新重点片区，谋划实施老旧街区、老旧厂区、城中村等重点工程，"留、改、拆"并举，统筹资源、一体设计、分步实施。改 造整治老旧小区老化管线，支持有条件的楼栋加装电梯，完善停车、充电、消防、通信等配套设施。持续推进既有居住建筑和公共建筑节能改造以及无障 碍、适老化、适儿化等改造。从城区到小区再到住房，在不同维度上提出任务要求，不断提升城市宜居性。 加强基础设施建设。完善"快""慢""停"等复合一体、换乘便捷的城市交通网络，促进交通设施供给和更新强度相匹配，推进职住平衡。持续排查整治城市各 类基础设施安全隐患，统筹实施燃气热力、供排水等建设改造，加快城市基础设施生命线安全工程建设，打造基础数据平台。深入开展建筑垃圾常态化整 治、生活 ...

"这个卧室，老人住这儿能晒太阳；孩子房间摆书桌刚好……"9月23日，"自贸筑梦·临春安居"吉阳区临春村安置区一期选房仪式现场，首名选房人、临春社 区致富带头人李亚超攥着选房确认单，这套123㎡的三居室，是他盼了许久的"幸福港湾"。 当天上午9时许，临春村安置区（一期）选房现场已人头攒动。签到摇号区前，居民们按顺序出示相关材料，工作人员逐一核实信息、发放选房姓名贴，三 亚市凤凰公证处的公证员全程站在旁侧进行监督记录，确保公平公正。 "临春村安置区是三亚城市更新的重点项目，不仅能改善村民居住条件，还能推动片区配套升级。"三亚市吉阳区相关负责人介绍，后续将加快推进房屋交付 流程，确保安置工作顺利完成，为居民铺就安居"最后一公里"。（来源：中共三亚市吉阳区委宣传部） "从签到到抽号，每一步都有人盯着，咱老百姓放心！"前来选房的居民陈先生说，他提前半小时就到了现场，非常激动，希望早点能住上新家。 据悉，本次安置房总建筑面积达111456㎡，共有1—13栋楼作为安置房源，户型涵盖一房至三房多种格局，共计1056套。其中，60㎡户型有148套、85㎡户型 210套、118㎡户型202套、120㎡户型138套、123㎡户型2 ...

Investment Rating - The report rates the real estate sector as "Outperform the Market" [5] Core Insights - New home transaction area has turned positive on a month-on-month basis, with a year-on-year increase expanding. The transaction area for new homes reached 1.87 million square meters, up 11.8% month-on-month and 25.8% year-on-year, with a significant increase in year-on-year growth by 20.6 percentage points [5][15][24] - The Shanghai government has optimized the property tax policy for non-resident buyers, allowing for a tax exemption on 60 square meters per person for families purchasing second or more homes, effective from January 1, 2025 [1] Summary by Sections 1. Key City New Home Market, Second-Hand Home Market, and Inventory Tracking - In the week of September 13 to September 19, 2025, the new home transaction area increased month-on-month, while the second-hand home transaction area decreased month-on-month. The inventory area for new homes increased month-on-month, and the de-stocking cycle rose [15] - New home transaction volume in 40 cities was 19,000 units, up 12.8% month-on-month and 37.8% year-on-year. The new home transaction area was 1.87 million square meters, with similar increases [16][24] - The inventory of new homes in 12 cities was 1.404 million units, with a month-on-month increase of 0.5% and a year-on-year decrease of 15.0% [27][39] 2. Land Market Tracking - The total land transaction area across 100 cities was 1.115 million square meters, down 10.9% month-on-month and 39.5% year-on-year. The total land transaction price was 14.33 billion yuan, down 49.1% month-on-month and 73.1% year-on-year [60][64] - The average land price per square meter was 1,289.5 yuan, with a month-on-month decrease of 42.9% and a year-on-year decrease of 55.5% [61][66] 3. Company Announcements and Bond Issuance - The total bond issuance in the real estate sector was 8.71 billion yuan, up 18.9% month-on-month and 2.1% year-on-year. The total repayment amount was 15.8 billion yuan, up 43.5% month-on-month and 102.6% year-on-year [54][56] - The report highlights key companies such as Binjiang Group, China Resources Land, and Yuexiu Property as potential investment opportunities based on their market positioning and performance [5][13]

人民财讯9月24日电，近日，山东省印发《关于持续推进城市更新行动的实施意见》，针对城市更新资 金来源少、融资存在困难的问题，推动建立投入产出能平衡、政府财力能承受、项目运营能持久的可持 续融资模式，从加强政策资金扶持、积极引入社会资本、加大金融支持力度等3个方面提出具体政策措 施，在债务风险可控前提下，为城市更新赋能加力。 ...