Core Insights - The DX04-0102-6038 land plot in Xihongmen, Daxing District, was acquired by a consortium of China State Construction and Hubei Lian Investment for 1.904 billion yuan, marking the third acquisition by China State Construction in this area [1][3] - The 6038 plot is expected to address the supply gap for small-sized housing units, catering to the needs of first-time buyers and those upgrading their homes, amidst a competitive landscape where most existing projects are nearing completion and primarily consist of larger units [1][6] Group 1: Land Acquisition Details - The 6038 plot covers approximately 27,600 square meters with a planned construction area of about 63,500 square meters and a plot ratio of 2.3, designated as R2 residential land [3] - The low plot ratio of the 6038 land compared to surrounding projects provides a solid foundation for developing high-quality residential products [3][4] Group 2: Market Context and Competition - The Xihongmen area has seen sustained development interest, with early projects primarily focused on limited competition housing, gradually transitioning to the sale of commercial housing plots [5] - The competitive landscape is intensifying, with multiple new projects expected to launch between 2022 and 2025, including several from China State Construction, which may increase market attention but also heighten competition for sales [6] Group 3: Future Development Potential - Analysts believe that the ongoing land acquisitions by China State Construction reflect confidence in the future growth potential of the Xihongmen area, with the low land cost allowing for better balance between development costs and profits [4] - The 6038 plot is anticipated to follow the "good housing" policy of Daxing District, potentially leading to innovative product offerings that could enhance overall market absorption in the region [7]