Beijing's first land auction in 2026, China Railway Investment wins its first residential land parcel in Beijing

On February 3rd, the first land auction in Beijing for 2026 officially commenced, with a total transfer amount of 5.762 billion yuan for three residential land plots. The plots are located in Shijingshan District, Tongzhou District, and Shunyi District. Among them, the SY00-2301-0003, 0004, and 0005 plots in Shunyi District (referred to as the "New National Exhibition Plots") were acquired by China Iron and Steel Construction Group. This successful acquisition marks the company's first entry into the Beijing commodity residential land market and has become a major highlight of this land auction. On the same day, Beijing released the list of proposed commodity residential land for the first round of 2026, involving five plots with a total area of approximately 16 hectares and a building scale of about 240,000 square meters. The aforementioned land is expected to be supplied in the near future. (Beijing Business Daily, Beijing Daily)