Group 1: Market Performance - Junfa Group's properties have seen significant sales due to price reductions, with notable projects like Junfa Junyunfeng and Junfa Dianchi ONE achieving sales of approximately 0.41 billion and 0.54 billion respectively, with transaction prices of about 9986 yuan/㎡ and 16503 yuan/㎡ [1] - The overall market in Kunming saw a supply of approximately 36,000 square meters, a 4% increase week-on-week, while transactions totaled about 62,500 square meters, reflecting a 13% decrease [1] - The average transaction price in Kunming was approximately 11,829 yuan/㎡, marking a 6% increase compared to the previous week [1] Group 2: Land Supply and Development - Kunming's main urban area saw the supply of 15 land parcels, including 12 residential plots, with three parcels successfully sold [4] - One of the sold parcels was acquired by Yunnan Construction Investment, while two others designated for resettlement housing were taken by a platform company under the Xishan District State-owned Assets Supervision and Administration Commission [4] Group 3: Educational Infrastructure - The Kunming Natural Resources and Planning Bureau has announced the construction of a nine-year consistent education school in the Northwest New City, set to be completed in 2026 [6] - The school will include 24 classes for elementary education and 15 classes for junior high, covering an area of approximately 43.5 acres [6] - The school aims to serve students from the Xiaotun City renovation project, with specific agreements in place for children of homeowners in nearby developments to have priority enrollment [8] Group 4: Public Housing Initiatives - The fourth batch of public rental housing in Kunming is set to be allocated through a lottery system, with 25 projects offering a total of 1,105 units [8] - The projects are distributed across various regions, providing diverse housing options to meet the needs of different families [8]

Market Overview - In the week of November 10-16, 2025, Kunming's real estate market saw stable transaction volumes and rising prices, with high-end properties gaining a larger market share. The highest transaction average price reached approximately 21,795 CNY per square meter [1][3] - The total number of tourists in Kunming for the first three quarters reached 1.14 million, marking a year-on-year increase of 41.5% [1] Sales Performance - Three projects in Kunming supplied about 14,400 square meters to the market, a decrease of 82% week-on-week, while transactions totaled approximately 47,000 square meters, a slight increase of 1%. The average transaction price was around 12,629 CNY per square meter, reflecting a 10% increase [1] - The top-selling project, Bangtai·Guanyun, achieved a sales amount of approximately 0.46 billion CNY with 14 units sold at an average price of 19,555 CNY per square meter [3] - The luxury project Yicheng·Chunqing Jiuhua recorded a sales amount of about 0.22 billion CNY with 12 units sold, achieving the highest average price of 21,795 CNY per square meter [3][5] Land Supply and Development - Three urban residential land plots were made available in Kunming's main urban area, all located in Xishan District, with no land transactions recorded [5] - The KCXS2025-3 plot, covering approximately 50 acres, has a starting auction price of 601 million CNY, with a starting floor price of 6,434 CNY per square meter. This plot previously failed to sell in 2021 at a much higher price [6][8] - The Kunming International Hospital East Campus Phase III is set to be constructed in the Liangting area, with an investment of approximately 250 million CNY and an expected completion date by the end of 2027 [10] Infrastructure Projects - The Kunming Municipal Government announced plans for the cultural and ecological new town in Guandu District, involving the renovation of 3,083 units and an investment of around 5.7 billion CNY [12] - The Dali Hilton Hotel is being auctioned starting at 787 million CNY, which is about 28% lower than its assessed value [13]