11月27日，杭州有2宗萧山区宅地出让，最终均由滨江集团溢价竞得，总成交金额24.62亿元，最高溢价 率18.92%。 业内人士认为，此次土拍与11月25日3宗地块全部底价成交的冷淡局面形成鲜明对比，印证了杭州土地 市场"核心资产抗跌、外围承压"的分化格局。 至此，11月杭州共进行2次土拍，成交5宗地块，总成交金额67.9亿元。 同日，北京通州区一宅地出让，最终由中海以12.48亿元竞得，成交楼面价22929元/㎡（住宅部分楼面 价23185元/㎡），溢价率0.97%。南京有2宗江北新区宅地出让，最终均底价成交，总成交金额8.62亿 元。 杭州2宗宅地溢价率均超10% 11月27日，杭州有2宗萧山区宅地出让，分别位于湘湖单元和市北单元，总用地面积6.28万㎡，总规划 建筑面积11.29万㎡，总起始价21.57亿元，最终均溢价10%以上成交，均由滨江集团包揽，总成交金额 24.62亿元。 其中，湘湖单元地块规划建筑面积40773.6㎡，容积率1.2，起始价7.14亿元，起始楼面价17500元/㎡。 经过28轮竞价，最终滨江集团以总价8.49亿元竞得地块，成交楼面价20811元/㎡，溢价率18.92%。 市北单元 ...

Core Viewpoint - The recent land auction in Hangzhou reflects a divergence in the real estate market, with core assets maintaining value while peripheral areas face pressure, indicating a selective recovery in land acquisition activity [2][6]. Group 1: Hangzhou Land Auction Results - On November 27, two residential plots in Xiaoshan District, Hangzhou, were sold to Binjiang Group at a total transaction amount of 2.462 billion yuan, with a maximum premium rate of 18.92% [1][4]. - The two plots had a total land area of 62,800 square meters and a total planned construction area of 112,900 square meters, with both plots achieving over 10% premium rates [4][6]. - The auction results contrast sharply with the previous auction on November 25, where three plots were sold at the base price, highlighting the market's selective interest in high-quality land [2][5]. Group 2: Market Analysis and Trends - The overall land auction in November in Hangzhou included two auctions with five plots sold for a total of 6.79 billion yuan, indicating a mixed sentiment in the market [3][6]. - The successful bids for the two plots demonstrate that strong local developers like Binjiang Group are still willing to invest in core areas, reflecting confidence in premium locations despite a general cooling in the market [6]. - The auction results indicate a growing divide in the market, with core areas like the low-density Xianghu plot and the well-equipped North City plot attracting attention, while more remote or homogeneous areas face significant challenges [5][6]. Group 3: Other City Auctions - In Beijing, a residential plot in Tongzhou District was sold to China Overseas for 1.248 billion yuan, with a floor price of 22,929 yuan per square meter and a premium rate of 0.97% [3][7]. - In Nanjing, two residential plots in Jiangbei New District were sold at the base price, totaling 862 million yuan, indicating a lack of competitive bidding in that area [3][8].

11月27日，杭州有2宗萧山区宅地出让，最终均由滨江集团溢价竞得，总成交金额24.62亿元，最高溢价 率18.92%。 业内人士认为，此次土拍与11月25日3宗地块全部底价成交的冷淡局面形成鲜明对比，印证了杭州土地 市场"核心资产抗跌、外围承压"的分化格局。 至此，11月杭州共进行2次土拍，成交5宗地块，总成交金额67.9亿元。 同日，北京通州区一宅地出让，最终由中海以12.48亿元竞得，成交楼面价22929元/m²（住宅部分楼面 价23185元/m²），溢价率0.97%。南京有2宗江北新区宅地出让，最终均底价成交，总成交金额8.62亿 元。 杭州2宗宅地溢价率均超10% 11月27日，杭州有2宗萧山区宅地出让，分别位于湘湖单元和市北单元，总用地面积6.28万m²，总规划 建筑面积11.29万m²，总起始价21.57亿元，最终均溢价10%以上成交，均由滨江集团包揽，总成交金额 24.62亿元。 其中，湘湖单元地块规划建筑面积40773.6m²，容积率1.2，起始价7.14亿元，起始楼面价17500元/m²。 经过28轮竞价，最终滨江集团以总价8.49亿元竞得地块，成交楼面价20811元/m²，溢价率18.92 ...

Group 1 - The land market in major cities has seen high prices and premium rates since July, with notable transactions in Shanghai setting new records [1][2] - In Shanghai, the XH-02(TPL) plot was sold for 1.225 billion yuan with a premium rate of 22.38%, while the hk315-11 plot sold for 126,577 yuan per square meter with a premium rate of 46.33% [1] - Analysts suggest that the high premium transactions in Shanghai indicate strong interest from capable developers in the land market, particularly for unique and scarce locations [1][3] Group 2 - Other cities like Chengdu, Suzhou, and Hangzhou are also experiencing high competition for quality land, with Chengdu's recent residential land sales achieving a premium rate of 29.05% [2] - In Suzhou, a core area plot was sold for 4.667 billion yuan, setting a new record for land prices in Jiangsu province [2] - The land market is expected to show a trend of "core high heat, peripheral pressure," with developers focusing on high-end and scarce resources [2][3] Group 3 - The first half of the year saw significant growth in land sales, with a 49.5% increase in land transfer fees in first-tier cities and an 18.3% increase in transaction area in second-tier cities [3] - The trend of "reducing quantity while improving quality" in land supply is expected to continue, with core plots in cities like Beijing, Shanghai, and Chengdu maintaining high premium transactions [3] - In contrast, third and fourth-tier cities are likely to see more bottom-price transactions, with some cities adjusting supply structures to attract investment [3]

Core Insights - The land market in key cities remains active, with significant bidding activity observed in Suzhou and Hangzhou, indicating a recovery in market confidence and a shift in investment strategies among real estate companies [1][2][3] Group 1: Suzhou Land Market - On July 23, Suzhou auctioned two land parcels totaling 107,500 square meters with a starting price of 4.964 billion yuan, where the winning bid for one parcel reached 4.667 billion yuan, setting a new record for floor price in Jiangsu province at 65,241.78 yuan per square meter, with a premium rate of 8.74% [1] - The overall land market in Suzhou is characterized by a coexistence of rationality and heat, with a trend towards "core high heat and peripheral pressure" as quality residential land supply shrinks [1] - Major state-owned and central enterprises dominate land acquisition, while private enterprises focus on supplementing land reserves in key areas [1] Group 2: Hangzhou Land Market - On July 22, Hangzhou sold two residential land parcels with a starting total price of 1.523 billion yuan, ultimately fetching 1.898 billion yuan, reflecting an average premium rate of 24.6% [2] - The increase in land auction premium rates in key cities is attributed to market recovery driven by policy adjustments and improved confidence in the new housing market [2] - The trend towards smaller, centrally located land parcels with strong profit certainty is noted, as developers seek to expedite development and sales [2] Group 3: General Market Trends - Real estate companies are currently prioritizing project safety and profit certainty, with core land parcels in major cities expected to continue attracting high premium bids due to their scarcity [3] - The "reduction in quantity and improvement in quality" model for land supply is anticipated to persist, with core land in major cities maintaining high premium transactions, while third and fourth-tier cities primarily see base price transactions [3]

Core Insights - The land market in key cities remains active, with significant bidding activity observed in Suzhou and Hangzhou, indicating a recovery in market confidence and a shift in investment strategies among real estate companies [1][2][3] Group 1: Suzhou Land Market - On July 23, Suzhou auctioned two land parcels totaling 107,500 square meters with a starting price of 4.964 billion yuan, where the winning bid for one parcel reached 4.667 billion yuan, setting a new record for floor price in Jiangsu province at 65,241.78 yuan per square meter, with a premium rate of 8.74% [1] - The overall land market in Suzhou is characterized by a coexistence of rationality and heat, with a trend towards "core high heat and peripheral pressure" as quality residential land supply shrinks [1] - Major state-owned and local enterprises dominate land acquisition, while private companies are focusing on specific areas for land reserves [1] Group 2: Hangzhou Land Market - On July 22, Hangzhou sold two residential land parcels with a starting total price of 1.523 billion yuan, ultimately fetching 1.898 billion yuan, reflecting an average premium rate of 24.6% [2] - The increase in land auction premium rates in key cities is attributed to market recovery driven by policy changes and improved confidence in the new housing market [2] - The trend towards smaller, centrally located land parcels with strong profit certainty is noted, as developers seek to expedite development and sales [2] Group 3: General Market Trends - Real estate companies are currently prioritizing project safety and profit certainty, with core land parcels in major cities expected to continue attracting high premium transactions [3] - The "reduction in quantity and improvement in quality" model for land supply is anticipated to persist, with core land parcels in major cities maintaining high premium rates, while third and fourth-tier cities primarily see base price transactions [3]