Middle Finger Research Institute: The total amount of land acquired by the top 100 enterprises from January to April is 360.8 billion yuan, an increase of 26.6% year-on-year.

According to the Wisdom Finance and Economics APP, as disclosed by the China Index Research Institute, the total amount of land acquisition by the TOP 100 enterprises in the first four months of 2025 was 360.8 billion yuan, a year-on-year increase of 26.6%, a decrease of 4.0 percentage points from the previous month. The heat of land auctions in hot cities in April continued, with the land transfer fees for residential land in 22 cities in the first four months of 2025 increasing by over 40% year-on-year. This growth is driven by fierce competition among real estate companies for prime land parcels, and it also reflects the value of land in core areas. Some core cities such as Beijing, Hangzhou, Chengdu, Suzhou, Chongqing, and Nanjing have successively auctioned off high premium land parcels, while the land market in more cities is still facing short-term pressure.