Market Overview - In the week of January 5-11, 2026, the Kunming real estate market experienced a decline in both transaction volume and prices, with a total of 2 projects supplying approximately 23,300 square meters, a 75% decrease week-on-week [1] - Total transactions amounted to about 29,300 square meters, reflecting a 54% week-on-week drop, with an average transaction price of approximately 11,727 yuan per square meter, down 9% [1] Key Projects - Junfa Sheng Tang Cheng topped the sales list with a sales amount of approximately 29 million yuan, selling 31 units at an average price of about 9,036 yuan per square meter, with an average unit price of around 940,000 yuan [1] - Junfa · Dianchi ONE recorded a sales amount of about 14 million yuan, with a high average price of 27,122 yuan per square meter, making it the highest-priced project on the list [1] - Zhongtong Lian Daxu Mountain, a new four-generation residential product, achieved sales of approximately 12 million yuan, selling 10 units at an average price of about 10,890 yuan per square meter [1] Land Supply and Development - No land supply or transactions occurred in Kunming's main urban area during the week [4] - The market saw the launch of only two projects, Bangtai Guanyun Phase II and Poly City, with no new project openings [5] Project Launches - Bangtai Guanyun launched 48 units of four-generation residential products, with a total area of about 176 square meters, achieving a subscription of 22 units and a sales rate of approximately 46%, with an average price between 19,000 and 21,000 yuan per square meter [6] - Poly City launched 120 high-rise units with areas of 128 and 143 square meters, achieving a subscription of 15 units and a sales rate of about 13%, with an average price between 13,500 and 14,000 yuan per square meter [7] Educational Infrastructure - The local education bureau responded regarding the demand for junior high school placements for residents of Longhu Tianjing, indicating a shortage of educational resources in the area, with plans to allocate students to the new Kunming No. 8 Middle School [7][8] Urban Renewal Projects - The urban renewal project at the A2 plot of the Baoshuying Village is set to begin, with a total investment of approximately 544.44 million yuan, covering an area of about 103.7 acres [9] - The project involves significant redevelopment, including a shift from commercial to mixed-use residential land, with residential space accounting for 70% and a reduced floor area ratio [13] - The original "Zhongjun Tianyu" project has been renamed "Zhuyou Tianyu Mansion," marking the official takeover by local developer Zhuyou Real Estate [14]

Core Viewpoint - The Kunming real estate market is witnessing a significant development as the project formerly known as "Zhongjun Tianyu" has been renamed to "Zhuyou Tianyu Mansion," indicating that local developer Zhuyou Real Estate has officially taken over the project [1] Group 1: Project Details - The project consists of multiple phases, with A5, A6, and A7 plots, where A5 has five buildings currently for sale, and A6 is under construction [1] - Buildings 4 and 6 of the A5 plot are scheduled for delivery within this year, with Building 4 expected to be completed by March 31, 2023, and Building 6 by 2026 [1] - Zhuyou Real Estate has been involved with the original developer since 2020, holding a 50% stake in Yunnan World Expo Huazhao Real Estate Co., Ltd. [1] Group 2: Market Position and Strategy - The pricing for the project is set between 10,000 to 12,000 yuan per square meter, with promotional offers such as a "12,000 yuan furniture and appliances package" for buyers [2] - Zhuyou Real Estate has a strong presence in the Kunming market, having been established for 28 years and consistently ranking among the top private enterprises in Yunnan [2] - The successful takeover of the "Zhongjun Tianyu" project aligns with Zhuyou's strategy to leverage its understanding of the Kunming market and capitalize on the project's potential [2]