Real Estate Major Events | Weekly Highlights Review (03.16–03.20)

【New Developments】

Weekly Sales Champion: Haidian China Overseas Anlan Beijing Achieves 283 Million Yuan in Sales

March 9-15, Beijing’s commercial residential transactions totaled 519 units, with a transaction area of 63,800 sqm and a total transaction amount of 3.768 billion yuan. Among them, China Overseas Anlan Beijing in Haidian Shucun sold 9 units, covering 2,100 sqm, with a sales amount of 283 million yuan, making it the city’s weekly new home online signing sales champion for the second consecutive week. In terms of transaction units, Zhongjian Yunhe Jiu Yuan in Tongzhou and China Merchants Chao Tang Lan Yue each sold 23 units, tying for the city’s weekly new home online signing units champion.

Chaoyang Puyue Secures 3.3 Billion Yuan, Last Building Priced at 112,600 Yuan per sqm Gets Approval

On March 17, Puyue in Chaoyang Huangshanmudian, Beijing, obtained the pre-sale permit for the final building. This residential building, Block 1#, has 14 units with an average sale price of 112,600 yuan per sqm. Including the previous two approvals for 308 and 102 units, Puyue has completed approvals for all 424 units. The development plans for Puyue include 9 residential buildings ranging from 7 to 25 floors, with seven types of pure four-bedroom units, covering areas from 152 to 258 sqm. Currently, five months after opening, Puyue has signed 196 units online, with a total signed area of 32,849.05 sqm, an average transaction price of about 100,000 yuan per sqm, and total sales of approximately 3.284 billion yuan.

【Land】

Renhe Risheng Acquires Shunyi New City Land Parcel for 348 Million Yuan at Base Price

On March 17, according to Beijing Planning and Natural Resources Commission, Beijing Renhe Risheng Real Estate Co., Ltd. acquired the Shunyi New City Block 05-02-21-1 land parcel in District 5, Shunyi New City, at the base price of 348 million yuan, with a floor price of 15,400 yuan per sqm. The land covers approximately 1.57 hectares, with planned above-ground construction area of about 22,600 sqm and a floor area ratio of 1.44. Located outside the Sixth Ring Road in Renshi Town, Shunyi District, the area is surrounded by amenities such as Shangpin + City Outlet Shunyi Store, Beijing Children’s Hospital Shunyi Women and Children’s Hospital, Renhe Park, and Shunyi Park. The nearest subway station is Shunyi Station on Line 15, about 4 km away.

Beijing Zhuzong Secures 571 Million Yuan at Base Price for Shunyi Nancai Town Land Parcel

On March 18, according to Beijing Planning and Natural Resources Commission, Beijing Zhuzong acquired the land development project for the A plot at Hedo Station on Line 15 in Nancai Town, Shunyi District, at a base price of 571 million yuan, with a floor price of about 14,000 yuan per sqm. The land covers approximately 3.14 hectares, with a planned construction area of about 4.08 hectares, a floor area ratio of 1.3, and a height limit of 36 meters. Located outside the Sixth Ring Road in Nancai Town, Shunyi District, the area is near Fongbo Station on Line 15, with amenities such as Jinghan Life Plaza, Beijing Children’s Hospital Shunyi Women and Children’s Hospital, Chaobai River Forest Park, and Jianhe Park.

Mingjia Real Estate Secures 1.688 Billion Yuan at Base Price for Low-Density Land in Changping Nanshao

On March 20, according to Beijing Planning and Natural Resources Commission, Mingjia Real Estate, a state-owned enterprise in Changping District, acquired the land for the Phase 4 joint reserve development project in Zhongguancun Science Park, Changping District, at a base price of 1.688 billion yuan, with a floor price of about 26,000 yuan per sqm. The three residential land plots have a combined area of approximately 65,400 sqm, with a floor area ratio of 1.01 and a height limit of 18 meters (some parts up to 24 meters). Located outside the Sixth Ring Road in Nanshao Town, Changping, the site backs onto Zhongguancun Science Park Changping Park, surrounded by water on three sides, with beautiful surroundings and nearby amenities such as World Square and Baifuquan Park, making it suitable for luxury low-density residences.

【Market】

National Bureau of Statistics: Beijing’s New Commercial Residential Sale Prices Rose 0.2% Month-over-Month in February

On March 16, the National Bureau of Statistics released the February 2026 data on changes in commercial residential sale prices. Overall, the month-over-month decline in sale prices across 70 large and medium-sized cities continued to narrow, with year-over-year decreases. The number of cities where new commercial residential sale prices increased or remained flat month-over-month increased compared to the previous month. In first-tier cities, the month-over-month change shifted from a 0.3% decline last month to flat. Beijing and Shanghai both increased by 0.2%, Guangzhou remained flat, and Shenzhen decreased by 0.3%. In second- and third-tier cities, new commercial residential sale prices declined by 0.2% and 0.3%, respectively, with the decline narrowing by 0.1 percentage points. Among the 70 large and medium-sized cities, 10 saw month-over-month increases in new commercial residential sale prices, 7 remained flat, totaling an increase of 9 cities compared to last month.