Core Points - The North Peak area is set to auction two residential plots and five commercial plots on December 3, 2025, at 9:00 AM [1] Residential Land Summary - **Plot Feng 2025-8**: Located in Fengze District, covering 19,207 square meters (approximately 28.8 acres), designated for urban residential use with a starting price of 25.5 million yuan. The area has nearby educational facilities including a primary school and a middle school [5] - **Plot Feng 2025-39**: Located in Fengze District, covering 24,783 square meters (approximately 37.2 acres), also for urban residential use with a starting price of 33.6 million yuan. Similar to Plot Feng 2025-8, it is near educational institutions [6][8] Commercial Land Summary - **Plot Feng 2025-34**: Covers 10,997.5 square meters (approximately 16.5 acres), designated for retail and business finance with a starting price of 5.3 million yuan [9] - **Plot Feng 2025-35**: Covers 38,301.2 square meters (approximately 57.5 acres), for retail and business finance, starting at 18.5 million yuan [11] - **Plot Feng 2025-36**: Covers 48,028.7 square meters (approximately 72 acres), designated for retail, hotel, and business finance, starting at 19.3 million yuan [13] - **Plot Feng 2025-37**: Covers 28,252 square meters (approximately 42.4 acres), for business finance, starting at 20.9 million yuan [15] - **Plot Feng 2025-38**: Covers 29,387 square meters (approximately 44.1 acres), also for business finance, starting at 21.7 million yuan [17] Investment Opportunities - The local government is actively engaging with the China Minmetals Group to promote investment in the North Peak commercial complex, which may include innovative retail formats such as outlet malls [19][21] - Successful project implementation could fill a commercial gap in the area and enhance regional commercial appeal [23]

Core Insights - Chengdu's public resource trading service center has announced the auction of four land parcels in the Qingyang Caijiao area, including two residential and two commercial service land plots, scheduled for auction on November 19, 2025 [1][2] Group 1: Land Auction Details - The residential land parcels (1 and 2) have areas of approximately 41.8 acres and 55.69 acres, with floor area ratios of about 2.3 and 2, respectively, starting at a price of 17,000 yuan per square meter [2][3] - The commercial land parcels (3 and 4) have areas of approximately 46.97 acres and 57 acres, with a starting price of only 1,780 yuan per square meter [2][3] Group 2: Potential Development - Industry insiders speculate that these four land parcels may become part of the long-rumored "Qingyang Joy City" project, which was mentioned during a conference on high-quality development of the commerce and trade industry in Qingyang District [5][7] - The Qingyang District's land supply plan for 2024 includes a commercial land parcel of approximately 104 acres, which is believed to correspond to the recently announced commercial plots [5][7] Group 3: Market Impact - If the Qingyang Joy City project is realized, it would significantly enhance the commercial landscape of the Caijiao area and the entire Qingyang District, complementing existing developments like Chengdu Joy City and Tianfu Joy City, which have shown steady revenue growth [9]