Shanghai's Q1 real estate company sales rankings are out, China Resources Land is winning big.

Shanghai Profound Li Yu Recently, CRIC Shanghai released its sales ranking of Shanghai property companies for January–March 2026.

In the all-inclusive sales chart, China Resources Land topped the list with RMB 12.710 billion, leading the second-place China Merchants Shekou (RMB 9.569 billion) by more than RMB 3.1 billion; in the equity sales chart, China Resources Land likewise ranked first with RMB 9.734 billion, unchanged from the previous period.

China Resources Land’s strong performance in Shanghai in the first quarter was mainly driven by several core projects that sold hot.

Since its initial launch on November 29, 2025, Binjiang of Qiqi has, within four months, seen four phases opened and all four phases selling on fire; by the end of the first quarter, it had accumulated 492 units sold, with total sales exceeding RMB 10.8 billion.

Among them, three batches were further launched in January this year, achieving a subscription rate of 119%; the four-batch launch opened on March 27, with same-day absorption exceeding 90%.

On February 2026, Bund Riverside Garden won three titles at once on CRIC’s Shanghai Hongkou District sales ranking—sales amount, sales area, and number of units sold—becoming Hongkou’s “three-crown king” for the month.

As March kicked in, the sales momentum grew even stronger. Within 7 days, sales revenue exceeded RMB 1 billion, with daily absorption reaching RMB 140 million. The sales office was packed with visitors, and people had to queue to view the model units.

The same goes for Era Cloud Realm, which is also impressive: the model units were unveiled for only two days, and by then the cumulative number of visiting clients exceeded 500 groups, with the initial launch absorption rate surpassing 90%.

Related companies: China Resources Land hk01109