Core Viewpoint - The sales performance in the Nai Xi area of Beijing is declining, with newer projects experiencing slower absorption rates compared to earlier developments, despite the overall property prices remaining firm [1][12]. Sales Performance - The Nai Xi area has developed four residential projects, primarily named after Wangjing, indicating a spillover effect from the Wangjing market [3] - The absorption rates for Beijing Chengjian Wangjing Guoyufu and Jinyu Wangjing Yunshang are 35.6% and 30.5%, respectively, as of late May [9] - Jinyu Wangjing Yunshang achieved sales of 1.16 billion yuan shortly after its launch, although this performance has not yet been fully reflected in the official signing data [9] Market Conditions - The overall market environment has cooled, with buyers becoming more selective, particularly due to transportation issues in the Nai Xi area [10] - The proximity to better-developed areas like Haidian has diminished the appeal of Nai Xi, which was once considered a hot market [11] Pricing Trends - Despite the declining sales, property prices in the Nai Xi area remain stable, with no current plans for price reductions from developers [12][13] - The average price for Jinyu Wangjing Yunshang is around 82,840.59 yuan per square meter, while Beijing Chengjian Wangjing Guoyufu is priced at approximately 89,000 yuan per square meter [9][12] Developer Insights - Developers maintain that the quality of the projects and the surrounding environment are favorable, contributing to the current pricing stability [12] - There is a belief among some real estate agents that the Nai Xi area may take until 2030-2035 to fully mature, indicating a long-term development perspective [11]