Beijing's land sales revenue is expected to reach 142.7 billion yuan by 2025: overall "quantity reduced and price increased", market differentiation intensified.

On December 25, a residential land parcel in the Huaxiang area of Fengtai District, Beijing was auctioned off at the minimum price, marking the end of the Beijing land auction in 2025. It was reported that throughout 2025, the Beijing land market showed a pattern of "reducing quantity and increasing price", with continuous market differentiation and real estate companies focusing more on high-quality assets, with the hot spots concentrated in core areas such as Haidian and Chaoyang. The majority of land acquisition entities were central SOEs, with private enterprises being more cautious. Throughout the year 2025, Beijing completed a total of 40 transactions involving residential land, with a total area of approximately 3.59 million square meters, a decrease of about 24% compared to the same period last year. The total land transfer fees amounted to 142.74 billion yuan, a decrease of 8% year-on-year. In contrast to the decrease in scale, the average transaction price per square meter increased by 20% year-on-year, and the average premium rate also increased by 3.7 percentage points, showing an overall pattern of "reducing quantity and increasing price".