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

【New Developments】

Weekly Sales Champion: Haidian Zhonghai 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, Zhonghai Anlan Beijing in Haidian Shucun sold 9 units, covering 2,100 sqm, totaling 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 Juyuan 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/㎡ Gets Approval

On March 17, Puyue in Beijing’s Chaoyang Huangshanmudian obtained the pre-sale permit for its final building. This residential building, Block 1, has 14 units with an average sale price of 112,600 yuan per square meter. Including the previous two permits for 308 and 102 units, Puyue has completed permits for all 424 units. The development plans for nine buildings ranging from 7 to 25 floors, with seven types of pure four-bedroom units, covering areas from 152 to 258 sqm. Since opening five months ago, 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. won the Shunyi New City Block 05-02-21-1 land parcel with a 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, Beijing Children’s Hospital Shunyi Women and Children’s Hospital, Renhe Park, and Shunyi Park, about 4 km from the nearest Shunyi Station on Line 15.

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

On March 18, according to Beijing Planning and Natural Resources Commission, Beijing Zhuzong acquired the land parcel SY00-3101-0037 in Nancai Town, Shunyi District, with a base price of 571 million yuan and a floor price of about 14,000 yuan per sqm. The land covers approximately 3.14 hectares, with a planned building 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, near Fongbo Station on Line 15, the area is surrounded by Jinghan Life Plaza, Beijing Children’s Hospital Shunyi Women and Children’s Hospital, Chao Bai River Forest Park, and Jianhe Park, offering convenient amenities.

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

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

【Market】

National Bureau of Statistics: Beijing’s New Commercial Residential Sale Prices Rose 0.2% Month-on-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-on-month decline in sale prices across 70 large and medium-sized cities continued to narrow, with year-on-year decreases. The number of cities where new commercial residential sale prices increased or remained flat month-on-month increased compared to the previous month. In first-tier cities, the month-on-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 decreased 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-on-month price increases, 7 remained flat, totaling an increase of 9 cities compared to last month.