Major Real Estate Events | Weekly Highlights Review (03.02-03.06)

【Policy】

Government Work Report: Focus on Stabilizing the Real Estate Market, Implementing City-Specific Policies to Control Growth, Reduce Inventory, and Optimize Supply

On March 5th, according to Xinhua News Agency, Premier Li Qiang mentioned in the government work report the effort to stabilize the real estate market. Implement city-specific policies to control growth, reduce inventory, and improve supply, explore multiple channels to activate existing commercial housing stock, and encourage the purchase of existing properties mainly for affordable housing. Deepen reforms of the housing provident fund system. Optimize the supply of affordable housing and accelerate the renovation of old and dilapidated buildings. Promote the orderly construction of safe, comfortable, green, and smart “good houses,” implement quality improvement projects for housing and property management. Further leverage the “guaranteed delivery” whitelist system to prevent debt default risks. Advance the development of new real estate models through foundational systems and supporting policies.

【New Developments】

Weekly Sales Champion: Mentougou Chang’an Huaxi Fu · Jinan Achieves 168 Million in Sales

From February 23 to March 1, Beijing’s commercial residential transactions totaled 381 units, with a transaction amount of 2.574 billion yuan. Among them, Chang’an Huaxi Fu · Jinan in Mentougou District sold 41 units, covering 3,800 square meters, totaling 168 million yuan, making it the city’s top weekly performer in new home signings by units, area, and amount. Since opening on December 21, 2025, the project has signed 200 units online, with an average price of 44,272.85 yuan per square meter. The project plans 15 buildings of 7-15 stories, with 421 units, featuring three to four-bedroom layouts ranging from 78 to 118 square meters, mainly targeting first-time buyers and low-threshold small units for renovation.

First Opening of Hujialou Project Plan, Only One 11-Story Residential Building Planned

On March 4th, Chaoyang Planning and Natural Resources Bureau announced the project plan for Hujialou South Lane CY00-0310-9001 and 9002 land parcels, including R2 residential land and A8 community comprehensive service facilities.

The western 9001 parcel plans a small high-rise residential building with a built-up area of 5,508 square meters, height of 35.9 meters, floor area ratio of 2.04, 11 floors above ground, 2 underground levels, with a ceiling height of about 3.26 meters, facing southwest. This building will have two units, approximately 33 units total, with the west unit featuring one elevator per unit, and the east unit with two elevators per two units, with open balconies. The east 9002 parcel is designated for community comprehensive service facilities, with a built-up area of 2,080 square meters, height of 8.7 meters, 2 floors above ground, and 1 underground level.

Future City · Xinghuan Times Officially Announced, Changping Welcomes 78㎡ Small Three-Bedroom

On March 5th, the floor plans for Future City · Xinghuan Times in the core area of Changping Energy Valley were officially announced. There are five layouts: 78㎡ small three-bedroom and 90㎡ all-age three-bedroom units suitable for first-time buyers; 112㎡/118㎡ three-bedroom and 125㎡ large four-bedroom units for family improvement, with a nearly 99% efficiency rate, priced between approximately 4 to 7 million yuan. The first revealed layouts are the 78㎡ and 118㎡ units, with model homes expected to open next week. This project is the second collaboration between Guoyu Star City, Future Science and Technology City Real Estate, and Behao Jia in Changping, and is the first residential project in the area following Beijing’s new “Good Housing” policy.

【Land】

Bidding Before Acquisition: China State Construction and ZhiDi Target Huairou New Town Land Parcels

Recently, Huairou Planning and Natural Resources Bureau announced the “Huairou New Town 0103 Block HR00-0103-6001 and other land development project planning implementation plan.” The HR00-0103-6001 parcel is a second-class urban residential land with an area of 3.19 hectares, floor area ratio of 1.4-1.6, building height limit of 24-36 meters, green space ratio of 30%, and a construction area of 44,700 to 51,000 square meters. Located outside the Sixth Ring Road, nearby amenities include Huairou Wanda Plaza, Jingbei Dashi, Beijing Traditional Chinese Medicine Hospital Huairou Branch, Beijing Riao Huakang Children’s Hospital, and Huairou Urban Forest Park. To develop this land, China State Construction’s wholly owned subsidiary, Beijing Xinglan Real Estate, recently issued four tender plans covering earthwork, supervision, construction, and design, with a total estimated investment of about 330 million yuan.

Poly Develops Wins 3.224 Billion Yuan for Hangzhou East New City Land Parcel, 51.08% Premium

On March 6th, Hangzhou’s first major residential land auction after the Spring Festival took place. After 109 rounds of bidding, Poly Developments won the SC080201-27 parcel in Chengdong New City, Shangcheng District, with a bid of 3.22394 billion yuan, achieving a floor price of 44,985 yuan per square meter, with a premium rate of 51.08%. The land covers 32,576 square meters, with a planned construction area of 71,667.2 square meters and a floor area ratio of 2.2. The site is adjacent to the Beijing-Hangzhou Grand Canal and Ma Miao Port water systems, about 500 meters from Xinfeng Station on Metro Line 4, and within 3 kilometers of Hangzhou East Railway Station, a major national transportation hub, forming a “subway + high-speed rail” integrated transportation network, making it highly accessible.