Core Insights - The report from the China Index Academy indicates that from January to July 2025, 24 out of 30 representative cities saw an increase in the proportion of transactions for residential properties over 120 square meters, highlighting the importance of improvement demand in the new housing market [1] Summary by Category Transaction Structure in Shanghai - In Shanghai, from January to July 2025, the transaction volume for properties under 90 square meters was 2,710 units, accounting for 9.6%, a decrease of 2.2 percentage points compared to the same period in 2024 [2] - Properties between 90 and 200 square meters saw approximately 24,000 units sold, making up 85.0% of transactions, an increase of 3.4 percentage points year-on-year [2] - For properties over 200 square meters, 1,544 units were sold, representing 5.4%, a decline of 1.1 percentage points from 2024 [2] - In terms of total price structure, properties priced below 5 million accounted for 29.1% of transactions, down 5.1 percentage points from 2024 [2] - The segment priced between 5 million and 10 million saw an increase to 42.0% of transactions, while properties above 10 million accounted for 28.9%, up 4.4 percentage points [2] Transaction Structure in Chengdu - In Chengdu, from January to July 2025, transactions for properties under 90 square meters exceeded 5,411 units, with a slight increase to 9.2% [6] - The 90-200 square meter segment accounted for over 50,000 units sold, maintaining a stable share of 85.2% compared to 2024 [6] - For properties over 200 square meters, the share decreased to 5.7% [6] - In terms of total price structure, properties priced below 2.5 million accounted for 60.8%, down 1.9 percentage points from 2024 [6] - The segment priced between 2.5 million and 5 million increased to 30.8%, while properties above 5 million accounted for 8.4%, a slight decrease of 0.3 percentage points [6] Transaction Structure in Foshan - In Foshan, from January to July 2025, transactions for properties under 90 square meters totaled 3,269 units, with a share of 17.6%, down 5.1 percentage points from 2024 [11] - The 90-200 square meter segment saw over 14,000 units sold, accounting for 77.3%, an increase of 3.2 percentage points [11] - For properties over 200 square meters, the share increased to 5.1% [11] - In terms of total price structure, properties priced below 2 million accounted for 70.2%, an increase of 5.3 percentage points from 2024 [11] - The segment priced between 2 million and 3 million saw a decrease to 16.7%, while properties above 3 million accounted for 13.0%, down from previous levels [11]

Core Insights - The latest report from the China Index Academy indicates a significant increase in the transaction share of residential properties over 120 square meters in 20 out of 30 major cities in the first four months of the year [1][2] - Notable cities such as Nanjing, Qingdao, Dongguan, Quanzhou, and Ganzhou have seen transaction shares for properties over 120 square meters rise by more than 8 percentage points year-on-year [1] Company Dynamics - Greenland Group launched the "Greenland Good House Product Standard" on April 8, focusing on four dimensions: green environmental protection, health and wellness, durable construction, and smart technology [1] - China Merchants Shekou has developed a technical system for "Good House" construction, emphasizing seven aspects: worry-free living, comfort and health, green and low-carbon, smart convenience, craftsmanship, aesthetic renewal, and attentive service [1] Product Design Innovations - Companies are enhancing product design through various features such as design craftsmanship, layout design, smart technology, and landscape architecture [2] - Specific projects highlighted include: - Chongqing Jinmao·Puyin Jinkai, which incorporates aluminum panels and panoramic glass curtain walls with flowing curves to reflect Eastern aesthetics [2] - Nanjing China Merchants·Jinling Sequence, featuring a 225-square-meter unit with south-facing terraces for enhanced views and social interaction [2] - Huafa·Zhuhai Bay, which integrates low-altitude economy, robotics, and green building to create a smart ecological community [2] - Chengdu Jinniu Xipai Yufu, which incorporates local cultural elements with double-layer water courtyards and homecoming systems [2] Project Highlights - The Hangzhou Jianfa Yunyun Zhijiang project covers approximately 151,000 square meters, with plans for 25 low-density buildings and a total of 1,086 units [2] - The project is strategically located near transportation hubs, with access to existing and planned metro lines [2]