The Jin Mao Consortium secured the Hongkou plot for 8.9 billion, setting a record for the total price since the new land auction regulations were implemented in Shanghai last year.
① After as many as 184 rounds of competition, a plot in Hongkou District was won by the Jinmao & Qinglong joint venture for 8.964 billion yuan, with a transaction floor price of 117,474 yuan per square meter, and a premium rate of 38.2%; ② "This plot sets a new total price record since Shanghai implemented the 'Double High Double Competition' policy last August."
The LPR Quote for February is out! The one-year and five-year rates remain unchanged.
The 1-year LPR is 3.1%, and the 5-year LPR is 3.6%, both unchanged from the previous values.
Private real estate companies' bond financing broke through, with bond issuance in January increasing by 8.2 percentage points compared to the previous month.
According to data released today by the China Index Academy, a total of four private and mixed-ownership real estate companies completed the issuance of credit bonds in January, namely Greentown, Hangzhou Binjiang Real Estate Group, MIDEA REAL EST, and New Hope Liuhe, with a total issuance amount of 3.9 billion yuan; Additionally, according to monitoring data from E-Han Think Tank, in January of this year, the bond issuance scale of private real estate companies accounted for 8.2% of the total issuance, an increase of 8.2 percentage points month-on-month.
Guo Yingcheng undergoes the second tribulation.
Kaisa Group has fallen into difficulties.
Evergrande RV Treasure and Evergrande Ice Spring are both going public separately.
Respectively benchmark against KE Holdings and NONGFU SPRING.
NEW WORLD DEV, which is alleged to be facing financial risks, is entering the market with new properties in Hong Kong at a low stock price, with a 25% discount, the lowest in eight years.
① The well-established Hong Kong real estate company NEW WORLD DEV, which is facing potential financial risks, is accelerating its capital recovery through discounted property sales and other methods. ② It launched its first new project in Hong Kong for the Year of the Snake, choosing to sell at a price about 25% lower than the market rate, marking the lowest price per square foot in Hong Kong's Eastern District since 2016.