Core Viewpoint - The trend of decreasing residential plot floor area ratio (FAR) in Xi'an is evident, with plots having a FAR below 2.0 being rare [1][12]. Group 1: New Low FAR Residential Land - A new residential plot with a FAR of 1.2-1.7 has been announced in Qujiang Phase II, following a previous acquisition by China Railway Real Estate of a 1.7 FAR plot [2][4]. - The newly announced plot is located at the intersection of Gongtian Fourth Road and Chunlin Fourth Road, covering an area of 30.0075 acres, with a maximum building density of 28% and a minimum green space ratio of 35% [4]. - The surrounding area of Qujiang Phase II has matured over the past decade, with established educational, transportation, and commercial facilities [6][8]. Group 2: Scarcity of Residential Land - The supply of residential land in Qujiang Phase II has been limited, with only four plots available in the last five years, all supplied this year [7]. - The current residential land scarcity in Qujiang Phase II is highlighted by the fact that only three plots with a FAR below 2.0 have been supplied in 2025, with the lowest being 1.7 [12][19]. Group 3: Market Context and Comparisons - Historically, residential projects in Xi'an had higher FARs, typically around 3.0 or more, but recent years have seen a gradual decrease, with FARs now commonly around 2.5 [12]. - The lowest FAR currently on the market is 1.3 for the project "Qujiang Jiuchu Songjian," which offers high-end products priced above 50,000 [13]. - Other notable projects with FARs below 2.0 include "Zhongtie Yunxi Qujiang" and "Huarun Zhidi Xicheng," with FARs of 1.7 and 1.8, respectively [14]. Group 4: Future Development Potential - Upcoming plots worth noting include two plots north of Qujiang First School with a FAR of only 1.2, potentially the lowest known in the main urban area [19]. - Another significant plot is located south of the Chang'an Xi Phase VI, with a FAR of 1.2-1.46, which has the potential for luxury development due to its size and educational resources [19]. - The current market lacks low-density products, indicating a demand for true low-density plots that allow developers to create spacious residential environments rather than just "sky courtyards" [21].