Core Viewpoint - The successful sale of a residential land plot in Xuhui District, Shanghai, indicates strong demand for real estate in core urban areas despite the high floor price and low density of the plot [1] Summary by Sections Land Sale Details - The XH-02(TPL) unit 051-11 plot was sold for a total price of 1.225 billion yuan, with a floor price of 200,300 yuan per square meter [1] - The starting price for the plot was 1.001 billion yuan, with an initial floor price of 163,600 yuan per square meter [1] - The plot covers an area of 0.47 hectares and has a low plot ratio of 1.3, making it a rare low-density land in a core area of Shanghai [1] Location and Amenities - The plot is strategically located with four metro lines and multiple stations within a one-kilometer radius, including key stations like Tongji University Station and Xujiahui Station [1] - Nearby amenities include parks such as Hengshan Park and Xujiahui Park, as well as educational and medical institutions like Fudan Primary School, Xuhui Middle School, and Zhongshan Hospital [1] - Major shopping centers in the vicinity include Hongqiao Henglong, Xujiahui Center, and OneITC, enhancing the attractiveness of the location [1]

Group 1 - The planned land auction on June 30 was disrupted as two key plots in Tianhe and Haizhu districts were withdrawn from sale [1][11][16] - The remaining plots included the Baiyun District Chatao Vehicle Depot, which was sold to Guangzhou Metro for 218.299 million yuan, translating to a floor price of approximately 19,000 yuan per square meter [3][10] - The second plot, Xiaomei Street in Liwan District, was sold at a reduced price of 31.338 million yuan, with a floor price of about 30,000 yuan per square meter [3][6] Group 2 - The Xiaomei Street plot has a total area of 5,384.57 square meters and a buildable area of 10,446 square meters, located in a mature area with good transportation links [6][8] - The Baiyun District plot is complex in nature, designated for mixed-use including residential, commercial, and educational facilities, with a total area of 118,665 square meters and a buildable area of up to 114,894 square meters [8][10] - The surrounding area of the Baiyun plot is expected to develop into an upscale residential zone due to its proximity to the river and metro lines [8][10] Group 3 - The two withdrawn plots in Tianhe are located in a competitive area with existing high-end developments, indicating a saturated market [11][13][15] - The Haizhu District plot is strategically located near key amenities and transport links, but its high floor price of approximately 34,000 yuan per square meter may deter bidders [19][20] - The overall market sentiment appears cautious, as developers may perceive the competition for new plots as too intense, leading to a lack of interest in bidding [15][20]