CHINESE DEVELOPERS BUYING LAND AT A PREMIUM
CHINESE DEVELOPERS BUYING LAND AT A PREMIUM
State-backed developers are purchasing land at up to 20% above asking price.
37% of land deals in 2025 sold at a 20%+ premium, up from 14% in 2024.
Key players include China Resources Land, China Overseas Land & Investment, and Poly Developments.
The land-buying surge signals confidence in a property market recovery, despite weak home prices.
Land sales volumes remain below pre-crisis levels.
