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]

Core Insights - The real estate market in Kunming experienced fluctuations in transaction volume and prices, with the average price adjusting to 12,400 yuan per square meter due to concentrated project registrations in the airport area [1] - The Guandu District has outlined key tasks for the year, including the completion of 270,000 square meters of demolition and accelerating the development of the Wujia Ba area [1][7] - Recent data from CRIC indicates a significant increase in market supply and transaction volume, with a 122% increase in supply and a 24% increase in transactions week-on-week [1][3] Market Performance - Three projects in Kunming supplied approximately 31,900 square meters to the market, with a transaction volume of about 58,200 square meters, reflecting a week-on-week increase [1] - The average transaction price was approximately 12,460 yuan per square meter, showing a slight decrease of 1% [1] - The top-selling residential project was Nanshi District's "Bantai Guanyun," achieving sales of about 72 million yuan with an average price of 19,041 yuan per square meter [3] Land Supply and Development - Eleven plots of land were supplied in Kunming's main urban area, with significant attention on three residential plots in Xishan District [1][5] - The ongoing urban renovation project in Chenggong Longjie Village involves a total investment of approximately 3.015 billion yuan, targeting the construction of educational facilities [5][10] Policy and Economic Development - The Guandu District reported a GDP of 88.151 billion yuan in the first half of the year, marking a year-on-year growth of 5.1%, the highest among all districts in the province [7] - The district plans to continue expanding investments and focus on major projects, including the Wujia Ba area and various educational initiatives [7][10] - A hearing will be held regarding the management of residential maintenance funds, aiming to address long-standing issues in fund usage and supervision [11][12]

Market Overview - In the week of November 17-23, 2025, Kunming's real estate market experienced fluctuations in transaction volume and prices, with prices adjusting to 12,400 CNY/m² due to concentrated project registrations in the airport area [1] - According to the latest data from CRIC, approximately 31,900 m² of new projects were supplied to the market, a 122% increase week-on-week; transactions reached about 58,200 m², up 24% week-on-week; the average transaction price was approximately 12,460 CNY/m², a slight decrease of 1% [1] Key Projects and Sales Performance - The newly launched Nan Shi District's Si Dai Zhai Bang Tai Guan Yun topped the sales amount in the commodity residential sales TOP 5 for two consecutive weeks, with sales of approximately 72 million CNY and an average transaction price of about 19,041 CNY/m² [3] - Shan Hai Wan · Jin Lan Jin Cui ranked third in sales with approximately 28 million CNY, selling 19 units at an average price of about 13,314 CNY/m² [5] - The project located in the airport area, Shou Chuang · Yu Hua Zhou, led in transaction volume with 30 units sold at a low average price of 5,238 CNY/m² [5] Land Supply and Development Plans - Last week, Kunming's main urban area supplied 11 plots of land, with the highest attention on three residential plots in Xishan District and one urban residential plot in the High-tech Zone; only one plot was successfully sold [1] - The third batch of national land and buildings for demolition in Chenggong Longjie Village has begun, with a compensation fee of approximately 190 million CNY planned for demolition, aimed at constructing a new middle school [7] Economic and Investment Insights - In the first half of 2025, Guandu District achieved a GDP of 88.151 billion CNY, a year-on-year growth of 5.1%, ranking first among all counties and districts in the province [9] - The district plans to continue expanding investments to stabilize economic growth, focusing on key projects such as Wujia Ba and attracting financial companies and high-end commercial complexes [9][10] Policy Updates - The Guandu District has reopened the application channel for housing transaction tax subsidies from November 17 to November 23, 2025, allowing eligible buyers to claim up to 30,000 CNY [10] - A public hearing on the "Kunming Residential Special Maintenance Fund Management Measures (Trial)" is scheduled for late December, aiming to address long-standing issues in fund usage and supervision [11][12]

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]

Market Overview - In the week of November 3-9, 2025, Kunming's real estate market saw 4 projects obtain pre-sale permits, with 3 projects launching 247 units [1] - Total market supply reached approximately 78,100 square meters, a 10% increase week-on-week, while transaction volume fell to 46,600 square meters, a 30% decrease [1] - The average transaction price was about 11,440 yuan per square meter, down 3% from the previous week [1] Project Performance - Bangtai Yingyue led the sales with a transaction amount of approximately 25 million yuan, selling 23 units at an average price of about 8,408 yuan per square meter [3] - Other notable projects included China Resources Center, Vanke Guiyu Dongfang, and Xuhui Plaza, with sales amounts of approximately 23 million yuan, 21 million yuan, and 18 million yuan respectively, and average prices ranging from 13,203 to 14,581 yuan per square meter [3] - Huafa Shuxiang Yunhai continued to perform well, achieving a sales amount of about 20 million yuan with 17 units sold at an average price of 11,052 yuan per square meter [3] Land Transactions - Two land parcels were re-listed in Kunming's main urban area, with only one successfully sold [4] - The KCPL2025-2 land parcel, approximately 9.6 acres, was sold for 220 million yuan, with a starting floor price of 9,229 yuan per square meter [6] - The KCXS2021-16 land parcel, covering about 85 acres, had a starting price reduced to 1.095 billion yuan, with a starting floor price of 6,227 yuan per square meter [8] New Developments - No new projects were launched last week, but three projects, including Bangtai Guanyun and Puyue ONE, had additional units released [10] - Bangtai Guanyun sold 12 out of 46 units at an average price of 18,700 yuan per square meter, achieving a take-up rate of 24% [10] - The project Yicheng·Danxia Cuiyu had a low take-up rate of 7%, selling only 7 out of 97 units at an average price of 22,000 yuan per square meter [11] Policy Updates - Kunming's real estate registration center has initiated a comprehensive pre-registration process for existing housing, aimed at regulating transactions and preventing risks such as "multiple sales" and "multiple mortgages" [12]

Group 1 - The overall average price of the Kunming real estate market increased by 5% due to the launch of high-priced projects [1] - Only one project supplied 20,800 square meters, a decrease of 11% week-on-week, while transaction volume fell by 34% to 52,300 square meters [1] - The average transaction price was approximately 12,524 yuan per square meter, reflecting a 5% increase [1] Group 2 - The Huaren Center continued to perform well after regulatory adjustments, ranking first and fifth with sales of 52 million yuan and an average transaction price of about 18,440 yuan per square meter [3] - The first fourth-generation residential project in Chenggong, Bangtai Chunhua Xu, ranked second and first with sales of 42 million yuan and an average price of about 9,960 yuan per square meter [3] - The highest-priced property, located in the exhibition area, achieved sales of approximately 30 million yuan with an average price of 26,527 yuan per square meter [3] Group 3 - Two land parcels were successfully sold at the base price in Kunming's main urban area, with one in Wuhua District sold for approximately 55.12 million yuan and the other in Xishan District for about 340 million yuan [4] - The land in Wuhua District was acquired for a floor price of about 1,139 yuan per square meter, designated for resettlement housing [4] - The Xishan District land was sold for a floor price of about 6,866 yuan per square meter, with a plot ratio between 1 and 3.1 [4] Group 4 - The Maixi Village urban renewal project in Panlong District was approved for phased development, covering a total area of approximately 1,353.89 acres [6] - The project includes significant residential and educational land adjustments, with a total demolition area of about 846,800 square meters [9] - The project aims to develop a high-quality low-density residential area, with the first phase including a middle school and resettlement housing [7] Group 5 - The construction of supporting infrastructure for the Xiaoyao Village and Dabo Village urban renewal projects has entered the bidding phase, with an estimated construction cost of about 30 million yuan [11] - The Xiaoyao Village project will include approximately 29.75 acres of resettlement housing and over 110,000 square meters of total building area [11] - The Dabo Village project is located in a core area and covers a total area of 332.02 acres [11] Group 6 - The first market-oriented rental housing pilot project in Kunming has officially launched, with two projects providing a total of 901 rental units [13] - The third floating bridge on the Dianchi Lake is expected to be completed by late September, enhancing connectivity between the east and west banks [14] - The 2025 distribution of affordable rental housing in Kunming has begun, with 396 units available at a starting rent of 12.46 yuan per square meter [14]