北京建工地产嘉境里项目位于昌平科学城西区，依托沙河高教园 + 国家工程技术创新基地"双核"驱动， 以高颜建筑+沉浸式度假园林形式呈现，是昌平区域内首个精装满配项目，也是首个悦享拾光集，建工 地产"投资+服务"及全龄友好社区理念落地之作。 在北京住总集团的朝阳区十八里店朝阳港 1303-686 地块项目现场，相关负责人向媒体介绍，以该项目 10号楼为示范载体，正式启动智能建造施工集成平台应用研究，积极探索装配式住宅施工的智能化转型 升级之路，力求以科技赋能，打破固有施工工序习惯，提升质量管控水平，提高安全保障能力，促进施 工过程中"危、繁、脏、重"等场景下的人机协同作业，实现高效益、高质量、低消耗、低排放的建造过 程。 据了解，本届服贸会工程咨询与建筑服务专题展将以七大亮点全方位展现科技创新如何重塑建筑产业 链，为人民群众构建安全、舒适、绿色、智慧的居住新体验，搭建起建筑行业国际合作与交流的重要平 台。将在城市更新领域，专门呈现老旧小区改造、适老化升级等成果。"梦想号" 竖井掘进机、装配式 造楼机等"大国重器"也将亮相，彰显中国建造实力。其中"梦想号"开挖直径达23.02米，填补世界掘进 机产品型谱空白；装配式 ...

Core Viewpoint - The real estate market is experiencing significant divergence, with opportunities and challenges coexisting, leading to a complex landscape rather than a simple "rise" or "fall" scenario [1] Market Trends - Goldman Sachs predicts a 10% decline in housing prices from the 2021 peak by 2027, while domestic institutions like CICC and CITIC believe first-tier cities will stabilize by the end of 2025 [1] - The population of the primary home-buying demographic (ages 25-39) is expected to decrease by 42 million by 2027, which will impact housing demand [1] City Divergence - The real estate market is characterized by stark contrasts, with significant increases in viewing and transaction volumes in areas like Beijing's fifth ring after policy relaxations, while other regions like Huizhou see little interest even with drastic price reductions [3] - National inventory data shows 680 million square meters of unsold properties, with 70% concentrated in third- and fourth-tier cities, indicating a prolonged de-stocking period [3] Value Opportunities - Three types of properties are emerging as valuable: - Old residential areas undergoing urban renewal, with potential price increases of over 15% post-renovation [4] - Properties near transportation hubs, which can see value increases of around 10% [4] - Residential areas near emerging industrial parks, driven by high-income job growth [4] Key Window Period - The second half of 2025 to early 2026 is identified as a critical window for potential homebuyers, with developers likely to offer significant discounts and increased availability of second-hand homes [5] - Policy incentives, such as low mortgage rates, are expected to peak during this period, particularly in first-tier cities [5] Purchase Recommendations - For first-time buyers in first-tier and strong second-tier cities, it is advisable to start house hunting in late 2025, focusing on newer properties along metro lines [6] - Owners of multiple properties in third- and fourth-tier cities should consider selling older homes and relocating to stronger second-tier areas [6] - For those looking to upgrade, waiting until around 2027 may yield better options and pricing [8] - Investors should carefully assess holding costs, as the financial attributes of ordinary residential properties are diminishing [8] Future Outlook - In core first-tier areas, failing to purchase within the next two years may result in significantly higher prices in five years, while in third- and fourth-tier areas, there may be ample options available due to price declines and inventory issues [10] - The future real estate market will focus on quality and value rather than mere price fluctuations [10]

Core Insights - The new housing policy in Beijing has led to a notable increase in new home transactions, surpassing second-hand home sales for the first time in two years in certain areas [1][2] - The policy primarily allows qualified groups to purchase multiple homes rather than significantly expanding the buyer base, resulting in a limited short-term impact on overall transaction volumes [1][2] Market Performance - During the first weekend after the policy implementation (August 9-10), new homes and second-hand homes saw stable transaction numbers, with new homes selling 83 units and second-hand homes 178 units [1] - A specific district reported new home sales exceeding second-hand sales, indicating a shift in buyer preference [2] Policy Details - The new policy includes an increase in the maximum public housing fund loan for new homes to 1.6 million yuan, while second-hand home loans are typically lower based on property evaluations [2][4] - The public housing fund policy has been relaxed to allow families without existing homes in Beijing to qualify for first-time home loans, potentially stimulating demand for property upgrades [2][4] Regional Insights - The market activity has notably increased in areas outside the Fifth Ring Road, particularly in hot projects like "Longhu Guancui," which saw a 35% increase in viewings and a 100% increase in sales over the weekend [3] - The majority of new home sales (over 80%) and second-hand home sales (over 50%) occur outside the Fifth Ring Road, where the new policy has removed restrictions on the number of homes families can purchase [4] Future Expectations - Analysts anticipate that the recent adjustments are seen as "phase one" of policy changes, with expectations for further optimizations in the future [5] - There is speculation about potential future relaxations in purchase qualifications and adjustments to loan rates, particularly for families with multiple children [5]

8月9日，是北京楼市迎来政策调整后的首个交易日。8日晚，北京市住房和城乡建设委员会、北京住房公积金管理中心联合印发《关于进一步优化调整本 市房地产相关政策的通知》，其中"五环外购房不限套数"及多项公积金政策优化成为市场焦点。新政首日，北京楼市市场活跃度提升。 严跃进：5环以外的商品住房不限套数了，过去可能只能买一套、两套，现在数量更多了，客观上来讲，使得我们的购房政策更宽松。另外， 也跟我们这次讲的职住平衡有关系，确实有些人是在这些地方上班，因为各种条件有限制。所以这次促进了职住平衡，是止跌回稳巩固的一个 政策。 在新房方面，新政首日，昌平区首个好房子项目龙湖观萃售楼处内人声鼎沸，沙盘区、签约区、洽谈区座无虚席，销售经理时光介绍： 时光：其实今天是出政策的第一天，也是第一个周六。今天整体来讲，上午的到访量比以前也提升了很多。我们总共18个事业部，基本上都轮 了两三圈了，现在属于是一个都还没有吃上午饭的状态。 新政指出，符合本市商品住房购买条件的居民家庭，购买五环外商品住房不限套数。易居研究院副院长严跃进表示： 记者走进通州区北京链家当代名筑南门店，北京链家当代名筑南门店商圈经理张小磊向记者介绍： L TT r ...

Core Viewpoint - The recent land auction in Beijing's Changping District attracted multiple companies, resulting in a total revenue of 13.06 billion yuan, with a consortium led by Yuexiu and Future Science City acquiring a key plot for 2.395 billion yuan [1][4]. Group 1: Land Auction Details - Four plots were auctioned in Beijing, specifically in Haidian, Shijingshan, and Changping districts, with a total revenue of 13.06 billion yuan [1]. - The acquired plot, located in the Changping District's Zhongguancun Life Science Park, has a total area of 30,700 square meters and a planned construction area of 79,900 square meters, with a starting price of 2.395 billion yuan [2]. - The consortium's floor price translates to 29,977 yuan per square meter [4]. Group 2: Strategic Importance of the Acquired Land - The land's value is enhanced by its proximity to the Changping Line subway station and the planned Life Valley Station of the 19th subway line, expected to be completed by 2027, which will improve transportation efficiency [3]. - The area is designated as a "technology park integrating basic research, achievement transformation, supporting services, and residential functions," indicating a focus on urban integration and talent attraction [3]. Group 3: Company Involvement and Future Plans - The consortium includes companies like Yuexiu, Beijing Urban Construction, Future Science City, and Beihome, with Yuexiu already having multiple projects in the Changping area [4]. - Beihome, a new venture under Beike, aims to provide data-driven residential development services and has established regional offices in major cities, indicating a strategic expansion in the real estate market [5].

Core Viewpoint - The real estate industry is transitioning from a focus on quantity to a focus on quality, technology, and service as it navigates through challenging times [1][2][17]. Policy Changes and Market Dynamics - The end of the purchase restrictions marks the most relaxed environment for the real estate sector in 20 years, signaling the conclusion of a real estate bull market [2]. - The term "bottoming out" has become common in government assessments of the real estate market, indicating a shift in focus towards stabilizing the industry [3][4]. - The government is implementing policies to ensure project delivery and financial security while exploring new development models to help companies recover from losses [4][5]. Liquidity and Delivery Challenges - The lack of liquidity in the real estate market poses significant risks, as it discourages consumer purchases and hampers cash recovery for companies [7][8]. - The period from 2021 to 2024 is critical for delivery pressures, with 2024 potentially being the last major delivery year for the industry [10]. - The government has introduced measures to stimulate liquidity, including policies focused on timely delivery, financial safety, and ensuring quality housing [9][12]. Shift in Housing Demand - There is a notable shift in housing demand from mere availability to quality, with the urban residential unit ratio reaching 1.07 in 2023, indicating a transition from "having a home" to "having a good home" [15]. - The emphasis on "good housing" is expected to intensify by 2025, prompting leading real estate companies to enhance their focus on safety, comfort, and sustainability [15]. New Development Models - The concept of a "new development model" has gained traction, with government reports emphasizing the need for affordable housing and a coordinated mechanism involving people, housing, land, and finance [20][21]. - Real estate companies are encouraged to diversify their business models beyond traditional home sales, exploring areas such as rental housing, property management, and real estate agency services [22]. Financial Resilience and Business Diversification - Many companies are beginning to adopt long-term strategies and light asset operations, supported by government policies [24]. - For instance, Longfor Group has successfully integrated development, operation, and service sectors, becoming one of the few profitable companies in 2024 [26]. - Longfor's operational and service segments generated significant revenue, contributing to overall financial stability [27][32]. Future Growth and Market Potential - The expansion of the middle class in first- and second-tier cities is expected to drive demand for high-quality shopping centers and premium rental apartments [35]. - The shift towards service-oriented operations in commercial real estate is being supported by government initiatives to revitalize existing assets [37]. - The strategy of "space as a service" is being embraced by companies like Longfor, which has diversified its business portfolio to include commercial investment and asset management [40]. Conclusion - As the industry transitions from capital-driven growth to capability-driven growth, companies must leverage policy benefits to enhance service quality and operational efficiency, positioning themselves for success in a competitive landscape [40].