Core Viewpoint - The Sanya Central Business District (CBD) is planning to convert three previously sold commercial land parcels into residential land, indicating a significant shift in land use policy in the area [3][10]. Group 1: Land Use Change - Three land parcels (DA02-17-01, DA02-29-05A/B, DA02-46-01) located in the eastern unit of the Sanya CBD, which were originally designated for commercial use, are now proposed to be reclassified as residential land [3][4]. - The change in land use is notable as these parcels were sold between 2019 and 2020, and some have already been developed or are under construction [3][5]. - The DA02-17-01 parcel is approximately 26.17 acres and will be classified as mixed-use residential with a retail component, while DA02-29-05A/B is about 49 acres and will be purely residential [7]. Group 2: Market Implications - The reclassification of these parcels is expected to attract significant attention from both the real estate industry and potential buyers, as it may reshape the market dynamics in the Sanya CBD [3][5]. - The original developers of these parcels, including China Overseas Land & Investment, Chengdu Wanhua Group, and Sanya Tourism and Culture, may retain ownership or potentially sell the land to other developers [10]. - The process of reclassifying and re-offering these parcels could follow a precedent set by other developers in the region, who have successfully transitioned land from commercial to residential use in the past [8].