In 2022, the overall land market in Shanghai started at a low level, and the supply of two types of land decreased month on month. Among them, the newly entered business land is relatively small as a whole, and nearly 60% of the land mass is less than 10000 square meters; The supply of industrial land has shrunk sharply for two consecutive months, and the land near the port is still the main supply force.
Since the end of 2021, the operating land market has only commercial land supply for three consecutive months, and the supply area has decreased month by month. Specifically, 10 were listed in January and 4 in February, of which 5 were located in Pudong New Area, accounting for more than 45% of the city's total.
In January and February, the turnover of Shanghai land market fell synchronously with the supply. Specifically, three of the operating land entering the market in January were delayed to February, and one of the land entering the market in February was delayed; The transaction of industrial land is consistent with the supply.
From January to February, only commercial land was traded in the operating land market, and the trading volume fell for two consecutive months, with less than half of the trading plots with a volume of more than 10000. According to official information, the first batch of homestead will be intensively supplied in 2022 at the end of March, and the transaction is expected to rebound significantly.
At the beginning of 2022, the average transaction price of operating land (the land price here is the land price, non floor price, the same below) continued to decline, with a month on month decrease of nearly 13% in January and 61% in February. Specifically, most of the operating plots traded from January to February have the characteristics of small area and low unit price. A small number of high-priced plots cannot boost the overall average price due to their small volume.
In terms of industrial land, since the fourth quarter of last year, the average transaction price has shown a steady and slight decline trend for many months. There was a significant increase in February, and the average price level exceeded 3000 yuan / square meter. The transactions of many high-priced scientific research land supported the rise of the average price of the whole city.
