Core Insights - The Beijing real estate market has shown a significant recovery in September, with new residential sales increasing by 21% month-on-month and 22% year-on-year, while second-hand home transactions rose by 19% both month-on-month and year-on-year [1][2] - The supply of new homes in Beijing doubled in September compared to August, with over 3,000 new units entering the market, marking a turnaround from previous months of low supply [2][3] - High-demand projects, particularly in key areas, have driven market activity, with notable sales figures reported for several new developments [3][6] Supply Dynamics - The supply surge in September was a key driver for the market, with 26 pre-sale permits issued, including 17 for residential projects, compared to only 12 in August [2][4] - Major new projects such as Zhongjian Yunhe Jiuyuan and Puyue have entered the market, contributing to the increased supply and market enthusiasm [2][3] Sales Performance - Hot projects have significantly boosted sales, with Zhongjian Yunhe Jiuyuan achieving sales of 573 units worth 4.7 billion yuan on its opening day, and total sales reaching approximately 3.857 billion yuan by mid-October [3][6] - Other projects like Beijing Jianguo Jiatang Yuxi and Longhu Chenhan also reported strong sales figures, indicating a robust demand for new homes [3][6] Market Outlook - The "Silver October" is expected to continue the positive trend from September, with high-end projects performing well and ongoing demand for improved housing options [5][7] - The introduction of quality land parcels in the fourth quarter is anticipated to further support the market, with industry experts predicting an increase in new home sales [7][8]

Core Viewpoint - The Beijing real estate market is experiencing a surge in supply and sales activity during the traditional peak season of September, driven by favorable seasonal conditions and supportive policies [1][9][11]. Supply and Demand Dynamics - In September, the Beijing Municipal Commission of Housing and Urban-Rural Development issued 25 pre-sale permits for 22 real estate projects, providing nearly 6,000 housing units [1][6]. - A significant supply peak occurred on September 13, with five projects obtaining pre-sale permits, releasing 1,943 units, which accounted for over 30% of the month's total supply [1][7]. Project Performance - Notable projects include Beijing Jian Gong Jia Tang Yun Xi, which achieved a 95% sales rate on its opening day, and Zhong Jian Yun He Jiu Yuan, which had a 52.75% sales rate with an average price of approximately 61,500 CNY per square meter [3][4]. - The sales strategies employed include "one-stop" services to streamline the purchasing process, significantly enhancing signing efficiency [5]. Regional Supply Distribution - The new projects are distributed across ten districts, with Chaoyang leading in project numbers (6 projects) and total supply (1,653 units), followed by Fengtai (4 projects, 757 units) and Tongzhou (2 projects, 844 units) [6][8]. - The total new housing supply in September exceeded the combined totals of July and August, indicating a robust market response [6]. Market Outlook - The market is expected to maintain its positive momentum, with analysts predicting an increase in transaction volumes for both September and October, supported by the introduction of quality projects in prime locations [10][11]. - Recent policy adjustments and a more lenient credit environment have stimulated reasonable housing demand, contributing to a positive feedback loop in market confidence [11].

Core Insights - The Beijing real estate market is experiencing a surge in supply and sales activity during the traditional peak season of September, driven by favorable seasonal conditions and supportive policies [1][8][12] Supply and Demand Dynamics - In September, the Beijing Municipal Commission of Housing and Urban-Rural Development issued 25 pre-sale permits for 22 real estate projects, providing nearly 6,000 housing units [1][7] - A significant supply peak occurred on September 13, with five projects obtaining pre-sale permits, releasing 1,943 units, which accounted for over 30% of the month's total supply [1][8] Project Performance - Several projects have shown strong sales performance, with the Beijing Construction Engineering's Jiatang Yunxi achieving a 95% sales rate on its opening day [3] - The Zhongjian Yunhe project, which adopted a "permit-to-sale" strategy, reported a 52.75% sales rate with an average price of approximately 61,500 yuan per square meter [4] Market Trends - The distribution of new projects is diverse, with Chaoyang District leading in the number of new projects and total housing supply, followed by Fengtai and Changping [7] - The market is characterized by a variety of product types, providing more choices for buyers, which is seen as a positive trend [5][12] Future Outlook - The market is expected to maintain its positive momentum, with analysts predicting an increase in transaction volumes in September and October due to the influx of new projects and improved market conditions [11][12] - The recent policy adjustments and a more lenient credit environment are believed to have stimulated reasonable housing demand, contributing to a favorable market outlook [12]