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]

Market Overview - In the week from June 30 to July 6, 2025, Kunming's real estate market experienced a decline in transaction volume while prices increased, attributed to bulk transactions and the registration of new projects [1] - A total of 4 projects supplied 58,900 square meters to the market, a 67% decrease week-on-week, while transactions reached approximately 118,000 square meters, down 10% from the previous week [1] - The average transaction price was about 10,949 yuan per square meter, showing a slight increase of 5% week-on-week [1] Key Projects - Anjuke Group's Baisha Ideal Living project led the market with significant bulk transactions, achieving a sales amount of approximately 429 million yuan and 610 units sold at an average price of about 8,098 yuan per square meter [1] - Newly launched projects such as Longhu Fengcui and Xuhui Plaza Platinum Forest ranked among the top three, with Longhu Fengcui achieving a sales amount of about 82 million yuan and an average price exceeding 21,282 yuan per square meter [2][6] - Xuhui Plaza Platinum Forest sold 26 units at an average price of approximately 13,631 yuan per square meter, catering to both first-time and upgrading buyers [2][4] Market Segmentation - The market continues to show polarization, with high-end properties like Bangtai Guanyun and China Overseas Huide Li selling well at average prices of 18,697 yuan per square meter and 17,466 yuan per square meter, respectively [6] - Conversely, affordable properties such as Bangtai Yuejiuzhang Caiyun and Shichuang Yuhua Zhou are favored by first-time buyers, with average prices around 8,226 yuan per square meter and 5,209 yuan per square meter, respectively [6] Land Supply and Development - No land was supplied or transacted in Kunming's main urban area during the past week [7] - Bangtai Group's new project, Bangtai Yingyue, launched recently, offering 180 units with an average price between 8,800 and 9,200 yuan per square meter, achieving a sales rate of 43% [8][10] - The project features low-density buildings with high living comfort, including a planned 2,250 square meter sunken courtyard clubhouse [10] Idle Land Issues - Two parcels of land, including the planned Kunming Paramount Theme Park and Dianchi Excellent Qingcui commercial land, have been listed as idle, indicating potential delays in project development [12][14] - The Paramount Theme Park site, covering approximately 251,286.42 square meters, has been idle since August 31, 2023, due to government and corporate reasons [13][14]

Group 1 - The core viewpoint of the article highlights the mixed performance of the Kunming real estate market during the week of June 23-29, 2025, with a significant increase in supply and transactions but a decline in average price [1][2] - According to the latest data from CRIC, a total of 7 projects supplied approximately 177,400 square meters to the market, representing a 649% week-on-week increase, while transactions reached about 131,800 square meters, up 158% week-on-week [1] - The average transaction price fell to approximately 10,420 yuan per square meter, a decrease of 15% compared to the previous week [1] Group 2 - The Baisha Ideal Residence project in the Dong Baisha River area topped the sales charts with a transaction amount of about 516 million yuan, selling 731 units at an average price of approximately 8,168 yuan per square meter [2] - High-end improvement-type properties such as Bangtai Guanyun, Bangtai Jinghe, and Puyue ONE continued to sell well, with sales amounts of 47 million yuan, 43 million yuan, and 37 million yuan, respectively, and average prices around 18,751 yuan, 17,696 yuan, and 17,344 yuan per square meter [2] - The Dragon Lake Fengcui project launched 328 high-rise units with an average price between 22,000 and 23,000 yuan per square meter, but only 10 units were sold, resulting in a low absorption rate of about 3% [2][5] Group 3 - The Xuhui Plaza Platinum Forest project opened with 196 units, achieving a sales rate of about 22% with 43 units sold at prices ranging from 13,000 to 14,000 yuan per square meter [5][7] - The new Kunming No. 1 Middle School in the Xishan District is set to open in September 2025, with a complete teaching staff already assembled [7] - The construction of the kindergarten in the Vanke Park City community is nearly complete, with plans to start enrollment in September if conditions permit [7] Group 4 - The Dianchi Greenway has three peninsula sections that are now accessible, with a total length of 10 kilometers, including Xinghai Peninsula, Fubao Peninsula, and Baofeng Peninsula [9][11]

Core Insights - The fourth-generation residential projects in Kunming are diversifying rapidly, with a focus on high-end offerings like Bangtai Guanyun and Yicheng Danxia Cuiyu, which have recently launched. The upcoming Xuhui Plaza Phase II, named Platinum Forest Language, aims to attract both upgrade and first-time homebuyers with smaller unit sizes ranging from approximately 107 to 138 square meters [1][5]. Group 1: Project Details - The smallest unit in Platinum Forest Language is approximately 107 square meters, featuring a unique layout with a spacious terrace and a high efficiency rate of 130% [3]. - The 138 square meter unit is a corner layout with a 122% efficiency rate, showcasing luxury-level space with a combined living and dining area of about 73 square meters [5]. - The trend of smaller units in fourth-generation residential projects is becoming more common, as seen in other cities, with many projects offering units around 110 square meters or less [6]. Group 2: Market Trends - The development of fourth-generation residential projects is primarily focused on the improvement market, with many cities imposing minimum size requirements for these units, such as over 100 square meters in Wuhan and over 200 square meters in Xiamen [7]. - The pricing strategy for Platinum Forest Language is crucial, as the construction costs for fourth-generation homes are higher than previous generations, suggesting that prices will not be lower than those of earlier phases or nearby projects [8].