Core Insights - Multiple hot cities are accelerating land supply, and real estate companies are actively seeking opportunities [1][3] - Vanke has successfully acquired land in key cities, indicating a strategic focus on core areas despite ongoing debt pressures [1][2] - The trend in the real estate sector is shifting towards more rational and conservative investments, with a focus on low-density and small plots [2] Group 1: Vanke's Land Acquisitions - On November 25, Vanke secured two plots in Wuhan and Hangzhou at base prices of 393.5 million yuan and 1.015 billion yuan respectively [1] - In October, Vanke and a partner acquired two residential plots in Chengdu for a total of 316 million yuan [1] - Vanke's strategy includes joint ventures to mitigate financial pressure while targeting core urban areas [1][2] Group 2: Market Trends and Supply Dynamics - The Wuhan government announced the auction of 20 plots with a total starting price of approximately 7.815 billion yuan, primarily for residential use [3] - Guangzhou is also increasing land supply, with 20 residential plots set to be auctioned in December, totaling over 25.4 billion yuan in starting prices [3] - The fourth quarter typically sees a peak in land supply, accounting for about 40% of annual offerings, with market supply expected to increase [3]

Core Viewpoint - The ninth batch of land auctions in Shanghai for 2025 has launched 9 residential plots with a starting total price of approximately 16.9 billion yuan, reflecting a continued strategy to stabilize market expectations [1] Group 1: Auction Details - A total of 8 plots were successfully sold in the morning session, generating approximately 15.6 billion yuan in revenue [1] - The participating entities in this round of land auctions primarily include established real estate companies, local state-owned enterprises, and private enterprises [1] - The plots generally require the provision of 5% public rental housing or elderly care facilities, with a floor area ratio mostly capped at 2.5 [1] Group 2: Notable Transactions - China Overseas Land & Investment acquired the Yangpu Dongtan plot at the base price [1] - Dahua and Jinmao secured the Baoshan Gaojing and Miaohang plots, respectively [1] - The Pudong Chuansha plot underwent 82 rounds of bidding, ultimately being won by Shanghai Jiayun Real Estate's wholly-owned subsidiary for 2.47541 billion yuan, with a premium rate of 15.76% and a residential floor price of approximately 29,900 yuan per square meter [1] Group 3: Upcoming Auctions - An auction for the Qingpu Xujing Dahongqiao plot is scheduled for 14:00, with a starting floor price of 30,000 yuan per square meter [1]

欢迎扫描下方二维码关注： 纳契税,不能退税重新缴纳享受优惠政策。例 如，《财政部 税务总局 住房城乡建设部关于促 进房地产市场平稳健康发展有关税收政策的公 告》（2024年第16号公告）自2024年12月1日 足执行，对于2024年12月1日前已缴纳契税 的，除特定情形外，原则上不予退税。但如果 符合法定的退税情形，则可以申请退税。 法定的契税可退税情形有哪些? 1.在依法办理土地、房屋权属登记前，权属 转移合同、权属转移合同性质凭证不生效、无 效、被撤销或者被解除的。例如，购房合同因 存在欺诈等原因被法院判定无效，此时已缴纳 的契税可申请退还。 2.因人民法院判决或者仲裁委员会裁决导致 土地、房屋权属转移行为无效、被撤销或者被 解除，且土地、房屋权属变更至原权利人的。 例如，法院判决房屋买卖合同无效，房屋权属 重新变更回原权利人，原权利人可申请退税。 3.在出让土地使用权交付时，因容积率调整 或实际交付面积小于合同约定面积需退还土地 出让价款的。 4.在新建商品房交付时，因实际交付面积小 于合同约定面积需返还房价款的。例如，合同 约定房屋面积为100平方米，实际交付面积为9 8平方米，开发商返还2平方米的房 ...

2025年进入最后一个月，广州土拍，开始肝KPI了。 | 挂牌日期 | 出让时间 | 地块名称 | 宗地面积(平) | 建筑面积(平) 容积率 | | 起拍总价(万元) | 起拍楼面价(万/平) | | --- | --- | --- | --- | --- | --- | --- | --- | | 11.19 | 待定 | 天河区金融起步区 AT091007-1也块 | 10397.33 | 59720 | 5.7 | 250824 | 42000 | | 11.19 | 待定 | 白云区增槎路以西 AB3804019地块 | 17676 | 83554 | 4.7 | 150398 | 18000 | | 11.18 | 12.18 | 日云区目云新城 AB2911018地块 | 31692 | 52601 | 2.3 | 168324 | 32000 | | 11.14 | 12.15 | 大河区金融城乐区 AT091410地块 | 27366.5 | 54220 | 3.65 | 221218 | 40800 | | 11.14 | 12.15 | 黄埔区长洲岛 HPG-CZ-02地块 | 2006 ...

中指研究院讯：11月18日，武汉市自然资源和城乡建设局发布《武汉市拍卖出让国有建设用地使用权公告（武告字（2025年）27号）》，一次性上架27宗 地块，总起始价87.99亿元，涉及新洲区9宗、蔡甸区2宗、江夏区9宗、东湖高新区1宗、江汉区2宗、硚口区2宗、洪山区1宗和汉阳区1宗，本次公告地块 将于12月9日拍卖。 其中涉宅用地24宗，总起始价约83.53亿元，起始楼面单价最高的地块为江汉区P（2025）172号地块，位于江汉区发展大道和唐家墩路交汇处，地块体量 小，总价低，建设用地面积仅870.21㎡（合1.31亩），规划建筑面积4419㎡，容积率5.08，起始价4420万元，起始楼面价10002元/㎡。 中指研究院官网·中指云平台（https://www.cih-index.com/?2&yyid=hx），为行业提供： ● 4万+房地产报告每日更新，涵盖住宅市场、房企研究、土地市场、物业研究、政策解读、指数研究等诸多领域； ●2300个城市地产数据、225万宗土地的推出成交信息、40万个住宅项目和5万栋商用物业的交易数据； 地块相关指标整理如下： ● 中国城市投资吸引力排名，百城房价，查城市、查房企、查地 ...

Core Viewpoint - The company has agreed to sell land to Talga Solutions Pty Ltd for a total consideration of 5 million AUD, which is seen as a strategic move to enhance liquidity and improve financial conditions [1] Group 1: Transaction Details - The agreement involves the sale of land parcels 802, 803 (part A), and 803 (part B), with the total sale price set at 5 million AUD [1] - The seller is Five Seasons VI (D), a wholly-owned subsidiary of the company, and the transaction is expected to generate additional working capital [1] Group 2: Financial Implications - The board believes that the sale represents a good opportunity to realize the land's value at a reasonable price, considering the current financial status and future liquidity needs of the group [1] - Proceeds from the sale are anticipated to improve the group's financial condition and strengthen liquidity [1] Group 3: Impact on Business Operations - The land parcels being sold are currently vacant, and part of the land is used for a golf course, which is not a significant part of the company's tourism business [1] - The company asserts that the sale will not have a major impact on its tourism operations, including the Sheraton project in Port Douglas, Queensland, Australia [1]

2025年第45周 Weekly 2025年11月3日-2025年11月9日（第45周），土地供应规模大幅上涨，成交规模高位回落，极为罕见地 出现了一宗高总价高溢价商办地块。本周重点监测城市范围内，土地供应建筑面积1441万平方米，环 比大涨291%；成交建筑面积401万平方米，环比下降52%。本周溢价率11.88%，为8月份以来新高。 供应：本周土地供应建筑面积1441万平方米，环比大涨291%。 一线城市中广州、深圳各有2宗宅地挂牌。本 周新增供应含宅用地134幅，平均容积率2.03。 重点供应地块方面，深圳南山区挂牌一宗宅地，地块容积率3.48，出让底价22.36亿元，起拍楼板价5.4万元/平 方米，该地块在2025年4月29日进行了规划调整，由商业用地调整成了住宅用地。地处深圳湾超级总部基地核 心区，临近地铁2号线、11号线及规划中的20号线，周边有深圳湾体育中心、人才公园等文体设施，教育资源 丰富，商业配套成熟，且地块原为商业用地调整而来，居住氛围逐步形成；劣势是三面被写字楼包围，可能存 在一定的视野遮挡和办公人流干扰。地块西侧的中海深湾玖序项目地块，此前也是由"商改住"调规而来，该地 块在2023 ...

Core Viewpoint - Herald Hold (00114) anticipates a net profit attributable to shareholders ranging from HKD 42 million to HKD 47 million for the six months ending September 30, 2025, compared to HKD 27.2 million for the same period ending September 30, 2024 [1] Financial Performance - The expected increase in profit is primarily driven by net realized and unrealized gains from trading securities amounting to approximately HKD 13 million, up from HKD 10 million for the six months ending September 30, 2024 [1] - The company also expects a one-time after-tax gain of approximately HKD 15 million from the sale of two land parcels located in Shanghai [1] Management Outlook - Despite the anticipated strong performance in the first half of the fiscal year, management expresses significant concern regarding the company's performance in the second half of the fiscal year [1] - This cautious outlook is attributed to ongoing geopolitical tensions and increased competitive pricing pressures within the industry [1]

Core Viewpoint - Herald Hold (00114.HK) expects a net profit attributable to shareholders in the range of HKD 42 million to HKD 47 million for the six months ending September 30, 2025, compared to HKD 27.2 million for the same period ending September 30, 2024 [1] Financial Performance - The anticipated profit increase is primarily driven by net realized and unrealized gains from trading securities amounting to approximately HKD 13 million, up from HKD 10 million for the six months ending September 30, 2024 [1] - The company also expects a one-time after-tax gain of approximately HKD 15 million from the sale of two land parcels located in Shanghai [1] Management Outlook - Despite the positive performance in the first half of the fiscal year, management remains cautious about the company's performance in the second half due to ongoing geopolitical tensions and increased price competition within the industry [1]

Core Insights - Poly has surpassed Greentown in land acquisition in Xi'an, becoming the top real estate company in terms of land spending for the first ten months of 2023, with an investment of 50.58 billion yuan [1][2] - The land market in Xi'an has seen significant changes, with a total of three plots exceeding 2 billion yuan in transaction value this year [4][12] Group 1: Land Acquisition Rankings - The top three companies in land acquisition in Xi'an for January to October 2023 are Poly Development (50.58 billion yuan), Greentown China (45.9 billion yuan), and China Merchants Shekou (23.1 billion yuan) [1][2] - Poly's recent acquisition of 122 acres in the Qinglongsi area for 23.411 billion yuan has contributed significantly to its lead [2][3] Group 2: Market Dynamics - In the first ten months of 2023, 13 out of the top 20 land-acquiring companies in Xi'an are state-owned enterprises, while 7 are private enterprises [3] - The high-value land transactions are primarily driven by large-scale plots, all exceeding 100 acres, which are typically acquired by major state-owned enterprises [5][6] Group 3: Future Expectations - The land market in Xi'an is anticipated to see a revival in December, similar to the previous year, with expectations of multiple high-quality land plots being made available [11][12]