Yuexiu Real Estate first entered Chongqing and picked 1.435 billion mu of residential land in Yubei District Central Park.

Published: Sep 25, 2020 10:09 (GMT+8)
Source: Viewpoint real estate network

SMM: on September 24th, Yuexiu Real Estate 1.435 billion won 142mu of pure residential land in Central Park, Yubei District, Chongqing, with a floor price of 10122 yuan per square meter and a premium rate of 10.64 per cent.

After Chengdu, Yuexiu Real Estate entered Chongqing for the first time to further deepen the layout of the western region.

It is understood that the above land area of 94500 square meters, capacity building area of 141800 square meters, volume ratio of 1.5, the starting total price of 1.297 billion yuan, the initial floor price of 9147 yuan / square meter, surrounded by low-density high-end residential areas.

In January this year, the Central Financial and Economic Committee upgraded "Chengdu-Chongqing Urban agglomeration" to "Chengdu-Chongqing Shuangcheng Economic Circle", which became the first national strategy in the form of "two-City Economic Circle". The resource agglomeration effect of the two cities in the western region was enhanced.

Yuexiu Real Estate said that this time, seizing the historical opportunity of the agglomeration effect of the "Chengdu-Chongqing Shuangcheng Economic Circle", it is highly optimistic about the development potential of Chongqing.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Baijiada Signs $40B Copper Foil Supply Deal with CALB, Expansion Planned Amid AI and Aerospace Demand Surge
1 min ago
Baijiada Signs $40B Copper Foil Supply Deal with CALB, Expansion Planned Amid AI and Aerospace Demand Surge
Read More
Baijiada Signs $40B Copper Foil Supply Deal with CALB, Expansion Planned Amid AI and Aerospace Demand Surge
Baijiada Signs $40B Copper Foil Supply Deal with CALB, Expansion Planned Amid AI and Aerospace Demand Surge
Nord Holding's wholly-owned subsidiary Baijiada signed a 2026-2028 copper foil supply framework agreement with CALB, with a total supply of 373,000 mt over three years. Based on the current mainstream tax-inclusive average price, the total contract value is close to 40 billion yuan. By year, the volumes are 58,000 mt in 2026 (41% of the company's current annual capacity of 140,000 mt), 130,000 mt in 2027 (93%), and 185,000 mt in 2028 (132%), with order scale increasing year by year and significantly exceeding the company's existing capacity in the later period. Nord Holding has planned to expand its total global capacity to 300,000 mt/year by 2030, covering both lithium battery copper foil and high-end electronic circuit copper foil. This order reflects the rapid growth in demand for high-end copper foil in the aerospace sector, especially the incremental market for high-grade copper foil for AI servers and copper foil for new energy aircraft. The company needs to meet delivery through capacity expansion and technological transformation, otherwise it will face a significant performance gap.
1 min ago
Stockpiling Nearly Halted, "Forced Holidays" Amid Bill and Capital Pressures [SMM Secondary Copper Rod Weekly Review]
1 min ago
Stockpiling Nearly Halted, "Forced Holidays" Amid Bill and Capital Pressures [SMM Secondary Copper Rod Weekly Review]
Read More
Stockpiling Nearly Halted, "Forced Holidays" Amid Bill and Capital Pressures [SMM Secondary Copper Rod Weekly Review]
Stockpiling Nearly Halted, "Forced Holidays" Amid Bill and Capital Pressures [SMM Secondary Copper Rod Weekly Review]
[SMM Analysis: Stockpiling Nearly Halted, "Forced Holiday" Amid Bill and Capital Pressures] According to SMM data, the operating rate of secondary copper rod producers stood at 9.35% this week, down 2.64 percentage points WoW and down 9.21 percentage points YoY. Meanwhile, the average price difference between copper cathode rod and secondary copper rod was 1,933 yuan/mt, down 181 yuan/mt MoM. In addition, the average discount of secondary copper rod in Jiangxi against copper futures was 443 yuan/mt, down 157 yuan/mt MoM. Based on SMM's secondary copper rod sales gross profit model, the average gross profit for the week was 1,001 yuan/mt, up 90 yuan/mt MoM.
1 min ago
Chile mine labor risks heat up, imported copper concentrate TCs continue to fall [SMM Copper Concentrate Spot Weekly Review]
6 mins ago
Chile mine labor risks heat up, imported copper concentrate TCs continue to fall [SMM Copper Concentrate Spot Weekly Review]
Read More
Chile mine labor risks heat up, imported copper concentrate TCs continue to fall [SMM Copper Concentrate Spot Weekly Review]
Chile mine labor risks heat up, imported copper concentrate TCs continue to fall [SMM Copper Concentrate Spot Weekly Review]
6 mins ago