Core Viewpoint - The "2025 Mid-Year China Real Estate Product Evaluation" has officially entered the project display phase, with the initial shortlisted projects announced on June 3rd, following a vigorous selection process involving industry experts and enterprises [1]. Group 1: Evaluation Process - The evaluation will utilize a combination of expert reviews and online voting to determine the final awards, including "Top Ten High-End/Light Luxury/Quality Works" and "National Good House Comprehensive Award" [1]. - The evaluation work is currently progressing in an orderly manner, with the final results expected to be announced by the end of June [7]. Group 2: Participating Projects - High-end shortlisted project: Xi'an Huafa Jinchengfu, developed by Xi'an Qujiang Huafa Real Estate Co., Ltd., featuring modern high-rise residential architecture [1]. - Light luxury shortlisted project: Sanya Guanlan, developed by China Resources Land Holdings Co., Ltd. and others, characterized by modern resort-style high-rise residential architecture [3]. - Other notable projects include Chongqing Longfor Yuhujing and Shanghai China Railway Expo Cloud Realm, both showcasing modern architectural styles [4][6]. Group 3: Industry Focus - Since 2018, the company has focused on the evolution of product strength in the industry, transitioning from "product strength" to "product series" and further to "customer demand" research and "delivery strength" evaluation [9]. - The ongoing efforts aim to convey advanced product concepts and excellent works from leading enterprises, promoting continuous upgrades in industry product strength [9].

Core Insights - The recent supply situation in Jinshan has gained significant attention, with many projects now entering the final stages of development after a period of low supply [1] - A total of 12 commercial land parcels have been made available, covering an area of 469 acres, following a sudden increase in supply last year [1] Group 1: Project Details - The majority of land parcels have been acquired by local state-owned enterprises, with Jianzhong and Zuohai being the main players [3] - Jianzhong secured 6 parcels covering 221 acres, while Zuohai acquired 4 parcels totaling 132 acres [4] - The projects are primarily located on the north and south sides of Jinshan, with the northern area around Tianxiang and the southern area around Gaozhai [4] Group 2: Pricing and Product Segmentation - The floor prices for various projects range from 10,490 to 16,909, with the highest being for the Jinshan Wenqi Pavilion at 16,909, reflecting a premium of 23% [15][18] - The projects are predominantly positioned as improvement products, with a significant portion targeting mid-to-high-end buyers [26][29] - The expected average unit sizes for various projects range from 89 to 222 square meters, with a notable focus on larger units [11][13][19] Group 3: Market Dynamics - The total expected supply in Jinshan is projected to exceed 4,500 units, with approximately 90% classified as improvement products [29][28] - Current inventory includes older projects like Chengshi Zhiyang and Luli Yunzhu, with limited options for first-time buyers [30] - The pricing landscape is described as chaotic, with new projects expected to list at prices above 30,000, particularly for those with desirable features like school district access and river views [31][32]