Land Weekly The scale of weekly transactions continues to rise, and land auctions are still hot and

Mondo Finance Updated on 2024-01-29

Week 50 of 2023.

From December 4th to December 10th, a total of 192 parcels of land were traded in key cities this week, with a total construction area of 17.56 million square meters, an increase of 20% month-on-month, and the transaction volume of all energy levels increased month-on-month, and the transaction floor price was 4,893 yuan square meters, which remained stable. In terms of transaction popularity, the average premium rate this week was 18%, the market still continues the previous downturn, the pattern of hot spots, Shanghai this week in the centralized land auction of 3 to reach the lottery link, another 1 land premium transaction, the rest are the floor price transactions, hot and cold differentiation is significant.

*: Nearly 50% month-on-month, with a significant decline in first-tier cities**. This week, a total of 114 land plots were listed in key cities, with a total construction area of 9.96 million square meters, a decrease of 44% from the previous month. There are only 2 parcels of land listed in first-tier cities, with a total construction area of 350,000 square meters, both of which are located in Songjiang District, Shanghai, one is purely residential land and one is commercial and residential land; Second-tier cities this week ** total construction area of 8.07 million square meters, down 28% month-on-month, the total number of 74 cases, it is worth mentioning that nearly half of the ** from Wuhan, Wuhan listed 33 plots, a total construction area of 3.56 million square meters, in addition to Chengdu, Xi'an, Taiyuan and other listings also exceeded 5 cases, the central and western provincial capitals are the main force this week; Only 38 land plots were listed in third- and fourth-tier cities this week, with a total construction area of 1.54 million square meters, a significant decrease of 68% from the previous month, and there were more cities in the Pearl River Delta and Yangtze River Delta such as Zhaoqing, Jinhua, Changzhou, and Quzhou.

Transactions: Weekly land transactions continued to rise, entering the year-end transaction explosion period. This week, 192 parcels of land were transacted in key cities, with a total construction area of 17.56 million square meters, an increase of 20% month-on-month, and weekly transactions continued to rise. Under the condition that the transaction structure is relatively stable, the average transaction floor price is 4,893 yuan square meters, only a small **4%, which basically remains stable. The first-tier cities have a large number of transactions this week, and Shanghai has set 10 plots of land, with a total construction area of 8060,000 square meters, Beijing and Guangzhou also sold 2 and 1 pure residential plots respectively; The second-tier cities traded 6.97 million square meters, an increase of 17% month-on-month, with more than 10 transactions in Xi'an and Chengdu, 9 transactions in Jinan and Changsha, and lower transactions in other cities. The transaction volume in the third- and fourth-tier cities was 9.55 million square meters, an increase of 12% month-on-month, and the transactions were significantly concentrated in Nantong and Jiangyin, with 2.2 million square meters and 1.16 million square meters respectively in the two cities, in addition to Jiangmen, Qidong, Yantai, Jinhua and other places The transaction volume is also relatively high.

Popularity: The average premium rate is 18% is still at a low level, and the hot and cold differentiation of land auctions in hot cities is also obvious. This week, the transaction premium rate in key cities was 18, down 0. month-on-month9 percentage points, the overall popularity is still sluggish. In terms of energy level, the average premium rate of first-tier cities is 4%, and in Shanghai's centralized land auction this week, there are 3 parcels of land entering the lottery link, respectively by Yuexiu, Jinyu and Shanghai Chengtou, and another parcel of land is 642% premium rate transaction, the rest of the land are traded at the reserve price, the market is differentiated, hot and cold; Second-tier and third- and fourth-tier cities have transaction premiums as low as 0 this week86% and 107%, most of the plots are sold at the reserve price, and some high-premium plots are distributed in Ma'anshan, Taizhou, Suzhou, Wenzhou, Shaoxing and other places. In terms of unsold auctions, the unsold rate this week was 77%, Guangzhou, Zhongshan and other places have more withdrawn plots, and unsold auctions are mainly concentrated in Jinan, Nanchang and Changsha.

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Article**: Kerry

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