Shenzhen's Second Residential Land Parcel in 2026 Listed for Auction; Transfer on April 27

Securities Times Reporter Wu Jiaming

Recently, Shenzhen listed its second residential land parcel for 2026. The site is located in Minzhi Street, Longhua District, with an starting price of 983 million yuan. The listing ends on April 27.

The land parcel number is A808-0035, covering an area of 13,000 square meters, with a floor area ratio of up to 3.4, and a height limit of 80 meters. The highest bidder will be determined on a “highest bid wins” basis. The residential portion is for commercial housing, which can be subdivided and transferred. Additionally, the location offers convenient transportation, a rich surrounding community atmosphere, and well-developed education, commercial, and medical facilities.

In recent years, Shenzhen’s residential land parcels have generally been small in size, with good supporting facilities and relatively low total prices. Li Yujia, Chief Researcher at the Guangdong Housing Policy Research Center, believes that not only in Shenzhen but also in other hotspot cities, land sales are increasingly characterized by small-scale plots located in central areas with strong profit certainty. The main reasons are the fast-changing market conditions, the need for quick development and sales, and the desire to eliminate uncertainties as much as possible, while shortening development cycles to boost developers’ enthusiasm for land acquisition.

Recently, Shenzhen held its first residential land promotion event for 2026, launching six high-quality residential land parcels for this year. This is the first concentrated promotion in recent years, aimed at sending positive signals to the market. It is reported that Shenzhen will coordinate new and existing land supplies, reasonably plan the scale and pace of land transfer through bidding, auction, and listing, and these six parcels will be released in an orderly manner based on market conditions. Further, high-quality parcels in areas such as Futian, Nanshan, and Qianhai will be gradually introduced.

Zhongzhi Research Institute believes that by 2026, policy signals have become clearer in terms of “stabilizing expectations.” Several specific measures have been implemented earlier this year, including extended tax rebates for home exchanges, loan extensions and structural rate cuts for whitelist projects, and support for urban renewal. These measures aim to boost market confidence by coordinating demand-side and financing-side efforts. Overall, the real estate policy has entered a new stage focused on “stabilizing expectations and shortening adjustment periods.” On the market side, as high-quality parcels released in core cities in 2025 gradually come into the market, and with some developers expected to increase promotional efforts before the Spring Festival to attract customers early, market demand is expected to gradually release in March. The “small spring” market in core cities remains worth期待.