Core Viewpoint - The recent land auction in Daxing District, Beijing, reflects a trend of rational pricing in the real estate market, with the winning bid significantly lower than previous transactions in the area, indicating increased supply and challenges in property absorption [1][4]. Group 1: Land Transaction Details - The DX04-0102-6038 plot in Xihongmen Town was sold for a base price of 1.904 billion yuan, with a floor price of 30,000 yuan per square meter [1][3]. - The land covers approximately 2.76 hectares with a planned above-ground construction area of about 63,500 square meters and a plot ratio of 2.3 [2][3]. - The site is strategically located between the Fifth and Sixth Ring Roads, near the planned subway Line 19 East Xihongmen Station, enhancing its accessibility [2][3]. Group 2: Market Context and Trends - The Xihongmen East area has seen a surge in land sales since 2020, with 10 residential plots auctioned, contrasting with the lack of new housing prior to that year [4][5]. - The recent auction price for the 6038 plot is approximately 28% lower than the price paid by China State Construction for a similar plot last year, indicating a downward trend in land prices amid market adjustments [1][6][7]. - The area is expected to benefit from the development of the Lize Business District and the Capital Business District, with the completion of the subway line projected to improve connectivity significantly by 2029 [3][6]. Group 3: Development Potential and Amenities - The 6038 plot is positioned to develop high-quality residential products due to its lower plot ratio and proximity to transportation infrastructure [2][3]. - The site will include 3,500 square meters of commercial facilities and is designed to integrate with the subway station, enhancing its appeal [2][3]. - The surrounding area boasts established amenities, including large commercial complexes, educational institutions, and healthcare facilities, contributing to a favorable living environment [2][3].

Core Insights - The article discusses the recent performance and adjustments of the residential project "Yuanqi" by China State Construction, highlighting its market position and design changes aimed at improving living quality [1][2][5]. Sales Performance - As of August 26, the Yuanqi project has signed 165 contracts, leading the sales chart for new properties in Beijing for August, with a total area of 16,500 square meters and a net signing amount of approximately 880 million yuan, which is about 18% of the land acquisition cost [1]. - The project received its pre-sale certificate on August 28, 2024, and officially opened three days later, offering 1,052 residential units with a sales guide price of 66,000 yuan per square meter [2]. Design Adjustments - The project underwent a design adjustment to enhance residential quality, introducing features like south-facing balconies and north-facing platforms, which are considered modern amenities [5][11]. - The total number of units increased from 1,052 to 1,065, with the building count rising from 19 to 21, while maintaining the overall layout [11][36]. Market Context - The project is situated in a competitive market in Daxing, where several new developments are incorporating similar features like balconies, indicating a trend towards enhancing living conditions [36]. - The adjustments made to Yuanqi are in response to public demand for better housing quality, with feedback indicating a preference for features that improve safety and comfort [14][36]. Community Features - The project includes a shared community space of nearly 100 square meters, enhancing social interaction among residents, alongside existing outdoor facilities like reading rooms and running tracks [33]. - The design also features two main entrances and a commercial service area, creating a comprehensive community environment [33].

Core Insights - The event "焕燃壹新 元启新著" by China State Construction One Group focuses on urban ideal living, emphasizing the integration of technology and quality in residential spaces [1] - The Yuanqi project, a collaboration between China State Construction One Group and Xingchuang Investment, aims to set a benchmark in Beijing's southern Fourth Ring Road, aligning with the city's "good housing" policy through innovative residential standards [1] Group 1 - The project features comprehensive upgrades in architectural design, construction techniques, and smart services, redefining urban living standards with a focus on "smart housing, green communities, and all-age friendliness" [1] - The project showcases a significant evolution from traditional housing to a "fourth-generation" benchmark, enhancing aspects such as building facades, spatial quality, artistic landscaping, and intelligent aesthetics [1] Group 2 - The entrance has been completely updated with a 37-meter wide modern Oriental-style main entrance, combining luxury stone and metal grilles, creating a sense of homecoming [1] - The community clubhouse integrates 24-hour commercial convenience with an underground active clubhouse, increasing the clubhouse area and adding a swimming pool for enhanced living comfort and social interaction [1] Group 3 - The design of the landscape is inspired by the works of master painter Wu Guanzhong, with the "归心六境" theme transforming natural beauty into everyday scenery [1] - The Yuanqi project offers a range of unit designs from 88 to 168 square meters, featuring clever balcony designs that maximize usable space while balancing practicality and views [2] - The project incorporates a full smart home ecosystem and selects green building materials, enhancing both living quality and environmental goals [2]