Year-on-year surged over 170%, the "little spring" land transaction in Beijing approached 24 billion yuan.

On April 29, after 215 rounds of bidding, China Railway Construction won the bid for the 6007 plot of land in Liyuan Town, Tongzhou District with a bid of 775.5 million yuan, with a premium rate of 21.94%. It is worth mentioning that the transfer documents show that the plot of land will promote the construction of new residential neighborhoods, with the principle of no longer building closed residential communities. The industry sees this as an innovative exploration of the "good house" standard at the community planning level. The "good house" policy, by relaxing floor area ratio, floor height, balcony configuration and other technical indicators, opens up a breakthrough for real estate developers to iterate their products and directly catalyze the rise in land market heat. A review by the journalists found that during the "Golden March and Silver April" period, the transaction amount of land in Beijing was about 23.586 billion yuan, an increase of 176.34% compared to the same period last year. With the acceleration of the supply rhythm of high-quality plots of land, the enthusiasm of real estate developers to acquire land has significantly increased. Taking Haidian District as an example, 3 residential plots have already been sold this year and another 3 are waiting to be auctioned. The supply of 6 plots of land has reached a new high in the region since 2022, and the continuous release of land value in core areas is evident.