绿城中国董事会主席刘成云 " 在房地产新旧模式、新旧动力转换关键之际，行业应共同努力，重塑市场信任，聚焦产品与服务本质，以高品质供给激活真实需求,以建设"好房子"推动 房地产行业高质量发展。 中房报记者 马琳丨北京报道 "房地产行业转型期，企业的稳健经营是第一位的。"绿城中国董事会主席刘成云表示。 1月初，刘成云在接受中国房地产报记者采访时表示，在房地产新旧模式、新旧动力转换关键之际，行业应共同努力，重塑市场信任，聚焦产品与服务本 质，以高品质供给激活真实需求,并以建设"好房子"推动房地产行业高质量发展。 中国房地产报：绿城会如何通过战略执行，将中央经济工作会议与全国住建工作会议提及的房地产高质量发展的战略落地实践？ 刘成云：近期召开的中央经济工作会议、全国住建工作会议为房地产行业发展指明了清晰、务实的发展路径，我们深受鼓舞。"因城施策"有利于各地根据 实际情况精准调控，促进市场平稳健康；"控增量、去库存、优供给"则推动行业从源头优化结构，避免资源错配。 新发展阶段，企业应回归到"以人为本"，通过建设"好房子"推动房地产行业高质量发展。作为行业企业，绿城长期坚持的发展模式便是"因地制宜、因城 布局"，并在核心 ...

新华财经北京1月6日电据中国房地产估价师与房地产经纪人学会（以下简称"中房学"）官网消息，2025 年12月26日，中房学第五届会员代表大会在北京召开。来自全国各地近600位会员代表参加大会。住房 城乡建设部原党组成员、副部长姜万荣当选中房学第五届理事会会长。 大会选举产生了中房学第五届理事会理事、监事会监事，期间召开了中房学第五届理事会第一次会议、 第五届监事会第一次会议，选举产生了第五届理事会常务理事、负责人和第五届监事会负责人。 大会期间，特别邀请住房城乡建设部房地产市场监管司相关负责人，围绕传达学习全国住房城乡建设工 作会议精神作了专题报告。大会号召，房地产估价、经纪和住房租赁行业要深入学习领会、认真贯彻落 实全国住房城乡建设工作会议精神，在助力城市更新、推动房地产高质量发展、推进"好房子"建设中发 挥重要专业价值，为实现"十五五"良好开局作出贡献。 姜万荣代表第五届理事会发表讲话。他表示，新一届理事会将深入贯彻党的二十大及二十届历次全会、 中央经济工作会议等中央系列会议精神，紧扣住房城乡建设领域中心任务和改革发展方向，久久为功做 好房地产估价、经纪和租赁领域自律管理及房地产市场研究，重点做好以下几个 ...

12月30日，财政部、国家税务总局发布公告宣布，自2026年1月1日起，个人（不含个体工商户中的一般 纳税人）将购买不足2年的住房对外销售的，按照3%的征收率全额缴纳增值税；个人将购买2年以上 （含2年）的住房对外销售的，免征增值税。 此次新政将原5%的征收率下调至3%，通过降低交易税负释放政策红利，成为稳楼市政策"组合拳"的重 要一环。近期房地产领域新政持续密集落地，从需求端减负到供给端优化形成系统性支持，为行业向高 质量发展转型筑牢基础，更有助于提振市场信心，推动滨江集团（002244）等头部房企加速估值修复。 滨江集团打造高品质"好房子"的底气，根植于公司高质量交付水平与稳居行业第一梯队的稳健财务表 现。 2025年，滨江集团交付规模与销售业绩同步放量，全年累计交付项目43个，总交付面积达383.5万平方 米，其中杭州地区交付项目35个，累计惠及25020户家庭；销售端同步实现1017亿元全口径销售额，行 业标杆地位稳固，稳居全国房企第一梯队。 财务端，截至2025年末，公司债务结构优化成效持续显现。公司权益有息负债规模压降至262亿元，较 2024年末减少超40亿元，较2022年末实现规模缩减近半；融 ...

文 | 钱钱 编辑 | 阿景 今年成都土拍市场的表现，就像坐过山车一样刺激。 中指研究院的数据显示，2025年成都涉宅用地成交金额超过850亿元，同比增长超20%，在全国城市中 暂居第四位。 这个数字看起来相当亮眼，但如果你仔细分析就会发现，全年市场呈现出明显的"冰火两重天"。 上半年抢地热潮vs下半年冷场现实 今年3月成都土拍市场简直热得发烫。 11日那天，高新区大源板块一宗地块经过132轮竞价，最终被招商蛇口以楼面价31700元/平方米拿下， 这是成都地价首次突破"3万+"。 时隔半个月，3月27日锦江区柳江街道地块再次刷新纪录。 2025年12月30日，成都土拍市场落下帷幕。 新都区斑竹园街道一宗16亩住宅用地被甘肃鹏悦以底价拿下，这宗看似普通的土地交易，为全年土拍画 上了句号。 41200元/平方米的楼面价，106%的溢价率，让成都地价直接迈入"4万+"时代。 当时业内都在感叹，成都土地市场的天花板被彻底捅破了。 那会儿的土拍现场，简直像拍卖会一样热闹。 头部央国企们资金实力雄厚，拿地积极性高涨。 招商蛇口、国贸地产这些企业，在核心地块争夺中毫不手软。 谁能想到，短短几个月后市场就变了天。 9月26日 ...

Core Viewpoint - The real estate industry is expected to gradually emerge from the adjustment period and enter a new stage of stable development as policies continue to be implemented and reasonable housing demand is gradually realized [1] Group 1: Industry Trends - The ongoing implementation of policies is anticipated to support the recovery of the real estate market [1] - The "14th Five-Year Plan" emphasizes the importance of the real estate industry in ensuring and improving people's livelihoods, highlighting the goal of high-quality development [1] Group 2: Company Insights - Vanke's development strategy is significantly guided by the objectives outlined in the "14th Five-Year Plan" [1]

Core Viewpoint - Vanke's management believes that the real estate industry is expected to gradually emerge from the adjustment period and enter a new stage of stable development as policies continue to be implemented and reasonable housing demand is gradually realized [1] Group 1: Industry Trends - The "14th Five-Year Plan" emphasizes the important role of the real estate industry in ensuring and improving people's livelihoods, highlighting the goal of high-quality development [1] - The plan stresses the importance of "good houses and good services," which will be the foundation of industry competitiveness and the mission of ensuring and improving people's livelihoods [1] - Future industry development will focus on creating a multi-level housing supply system to generate more effective demand and opportunities [1] Group 2: Policy Implications - The plan suggests "activating and utilizing inefficient land, idle properties, and existing infrastructure," indicating a potential resolution to the historical mismatch of land resources [1] - Efficient use of land resources is expected to provide space for the development of new productive forces [1] - The emphasis on "promoting urban connotative development and vigorously implementing urban renewal" indicates an acceleration of urban renewal efforts, aiding in the protection of historical context and the integration of new and old urban spaces [1]

Core Viewpoint - The article emphasizes the significant decline in land transaction volumes and prices, highlighting the need for high-quality development in the real estate sector as outlined in the recent Fourth Plenary Session [2][4]. Supply and Demand - The supply of land in October 2025 was 82.94 million square meters, a 1% decrease month-on-month and a 34% decrease year-on-year [5][13]. - The total land transaction area was 60.57 million square meters, reflecting a 13% month-on-month decline and a 25% year-on-year decline [5][17]. Market Heat - The average premium rate for land transactions in October was 2.7%, marking a new low for the year, with only a few core cities maintaining transaction heat [6][23]. - The land auction success rate was 95%, remaining at a low level, with several parcels failing to sell due to insufficient future sales prospects [25]. Distribution - The transaction value in first-tier cities fell by 35% year-on-year, while second-tier cities saw a 42% decline, and third and fourth-tier cities experienced a 33% drop [7]. Future Outlook - The Fourth Plenary Session has set a clear direction for high-quality development in the real estate sector, focusing on improving housing quality and urban renewal [8][9]. - The land market is expected to maintain a low supply level while enhancing the quality of new residential land projects, driven by favorable policies and market adjustments [8][9].

Core Viewpoint - The real estate market has stabilized but faces ongoing challenges, with Poly Developments leveraging strategic management and market adaptability to maintain its leading position and achieve high-quality growth [1] Financial Performance - In the first half of 2025, Poly Developments reported total sales of 145.171 billion yuan, maintaining its industry leadership; revenue reached 116.9 billion yuan, and net profit attributable to shareholders was 2.711 billion yuan, demonstrating resilience during market adjustments [1][2] - The company achieved a gross profit margin of approximately 14.6%, slightly higher than the full-year level of 2024, with total profit reaching 9.9 billion yuan [2] - Cash flow from operating activities turned positive at 16.017 billion yuan, fully covering cash outflows from investment and financing activities, with cash holdings increasing by 3.3% to 138.562 billion yuan [3] Risk Management and Financial Stability - Poly Developments emphasizes risk prevention and financial stability, ensuring a robust financial position through various strategies, including sales initiatives and innovative financing [2] - The company reduced interest-bearing liabilities by 5.4 billion yuan, with a debt-to-asset ratio of 73.53% and a net debt ratio of 59.64%, indicating improved financial metrics [4] Market Position and Sales Strategy - The company achieved a sales area of 7.1354 million square meters, solidifying its top position in the industry [5] - Poly Developments adopted a strategy of optimizing products and enhancing competitiveness in response to market changes, achieving significant sales in both new and existing projects [6] - The company focused on core cities, with 92% of sales coming from 38 key cities, and maintained a strong market presence in major cities like Shanghai and Guangzhou [7][8] New Business Development - Poly Developments is exploring new growth avenues by enhancing its core real estate investment and development business while expanding into property management and comprehensive services [9] - The company reported a 13% increase in asset management revenue, with a focus on improving the efficiency of held assets [10][11] - The strategic vision aims for a diversified and balanced development model, positioning Poly Developments as a comprehensive real estate developer, operator, and service provider [12]

Group 1 - S&P has granted Yuexiu Property a stable investment-grade rating, making it the only local state-owned enterprise in the industry to receive such a rating [1] - The rating is supported by strong government backing, concentrated land reserves in high-energy cities, and diverse financing channels [1][2] - Yuexiu Property's recent performance includes a contract sales amount of 61.5 billion yuan in the first half of 2025, representing an 11% year-on-year increase, ranking second among the top 10 real estate companies [3] Group 2 - The company has successfully issued bonds at historically low rates, with a five-year interest rate of 1.95% and a ten-year rate of 2.50%, enhancing its investment capacity and operational stability [4] - The positive outlook from international rating agencies signals a recovery in the real estate market, potentially leading to lower international financing costs for the company [2][5] - Yuexiu Property's strategic focus on high-quality projects and expansion into key cities positions it well for sustainable growth in the evolving real estate landscape [3][5]