Core Viewpoint - Maoyuan Real Estate acquired a residential land parcel in Shunyi District, Beijing, for a base price of 1.03 billion yuan, marking a significant investment opportunity in a low-density residential area [3][5]. Summary by Sections Land Acquisition Details - The land parcel, located in Xue Daren Village, Shunyi District, has a total planned construction area of 37,000 square meters and a floor area ratio of 1.6. The starting price for the auction was set at 1.03 billion yuan, which was the final bid amount by Maoyuan Real Estate [5][9]. Market Context - Since 2020, only one residential land parcel has been sold within a 3-kilometer radius of the new acquisition. The adjacent land parcel was also acquired by Maoyuan Real Estate in June 2022 for 1.955 billion yuan, with a floor price of 33,600 yuan per square meter [6][9]. Competitive Landscape - The newly acquired land is situated in a high-end residential area with existing luxury developments. The average price of villas in the nearby Maoyuan Jingzhu project is around 7.4 million yuan per unit, indicating a strong market for high-end residential properties [10]. Demand Dynamics - Recent policy changes in Beijing have relaxed purchase restrictions for families in the outer ring, leading to a significant increase in high-value residential transactions. In the week following the policy change, transactions for new homes priced over 10 million yuan surged by 58% year-on-year [13][14]. Future Outlook - The central villa area, where the new land is located, is expected to attract high-net-worth families and those seeking improved living conditions. The average absorption period for similar high-value properties in the area is around 21 months, while the Maoyuan Jingzhu project has a notably shorter absorption period of 14 months [14].