Core Insights - The real estate market in Kunming experienced a significant increase in both transaction volume and prices, surpassing pre-National Day levels, with the average transaction price around 13,174 CNY/m² for the newly launched Yicheng Jinchuanfu project [1][3] - The latest data from CRIC indicates that new supply in the market was approximately 25,100 m², with a transaction volume of 85,500 m², reflecting a 179% week-on-week increase, and an average transaction price of about 11,972 CNY/m², up 7% [1][3] Market Performance - The top three residential projects by sales amount were Bandai Guanyun, Bandai Chunhua Sequence, and Yicheng Jinchuan Cuiyu, with sales amounts of approximately 66 million CNY, 41 million CNY, and 35 million CNY respectively [3] - The average transaction prices for these projects were around 18,721 CNY/m², 11,190 CNY/m², and 13,174 CNY/m², with average prices per unit at approximately 2.88 million CNY, 1.56 million CNY, and 1.6 million CNY [3] Land Supply and Development - No land transactions occurred in Kunming's main urban area last week, with only one land parcel (KCC2024-16) being offered for sale, covering approximately 84.5 acres with a starting price of about 225 million CNY and a starting floor price of 1,900 CNY/m² [3][6] - The land is expected to be developed into a low-density residential community, likely featuring villas or small high-rise buildings [5] Urban Planning and Infrastructure - The Kunming Planning Bureau announced modifications to the detailed planning for schools in the central urban area, affecting nine regions and ten schools, including adjustments to land use for educational purposes [8][9] - The "Shan Chan Hua Yun" cultural tourism project is seeking private partners, with a total investment of approximately 1.64 billion CNY, aiming to integrate tourism, culture, and commerce [8][10] Quality Improvement Guidelines - Kunming released a technical guideline for "good housing," focusing on quality improvement measures addressing common construction issues such as cracking, leakage, and noise [13][14] - The guidelines apply to new residential projects and renovations, with specific technical requirements for different types of housing [14]