In the first ten months of the year, China Overseas and Beijing Urban Construction have delivered outstanding performances in Beijing's property market.

In October, Beijing's new residential market presented a pattern of "supply falling from a high level, transaction remaining flat at a high level, and structural differentiation intensifying". A total of 4,654 new commercial residential units covering 531,400 square meters were traded across the city, which was basically flat month-on-month, with a year-on-year increase of 32.6% and 24.1% respectively.

From January to October 2026, the total commercial housing sales value of the top 20 real estate enterprises by sales in Beijing reached 284.75 billion yuan; the total commercial housing sales area of the top 20 enterprises reached 5.634 million square meters, with the threshold values for the top 20 standing at 4.4 billion yuan and 94,000 square meters respectively. In terms of sales value, China Overseas Properties, Beijing Urban Construction Group, and China State Construction Smart Land rank top three; among them, China Overseas Properties takes the first place with a sales value of 38.65 billion yuan; Beijing Urban Construction Group ranks second with a sales value of 28.23 billion yuan; China State Construction Smart Land ranks third with a sales value of 24.51 billion yuan.

From January to October 2026, the total equity sales value of commercial housing of the top 20 Beijing real estate enterprises by equity sales value reached 200.55 billion yuan, and the total equity sales area of commercial housing of the top 20 enterprises by equity sales area reached 3.88 million square meters. The thresholds for the top 20 in terms of equity sales value and equity sales area are 34.6 billion yuan and 65,000 square meters respectively. China Overseas Properties, Beijing Urban Construction Group, and China Resources Land rank top three on the equity sales value list, with equity sales value of 38.12 billion yuan, 21.26 billion yuan and 173.3 billion yuan respectively.

From January to October 2026, the top 10 Beijing commercial residential projects by sales performance recorded a total sales value of 45.4 billion yuan and a total sales area of 572,000 square meters. Beijing Runyuan, Zijing Chenyuan, and CSCEC · Canal Nine Courtyard rank top three. Among them, Beijing Runyuan takes the first place with online signing value of 6.64 billion yuan; Zijing Chenyuan ranks second with online signing value of 5.12 billion yuan; CSCEC · Canal Nine Courtyard ranks third with online signing value of 5.03 billion yuan.

Judging from the top 10 Beijing commercial residential projects by sales value in October 2026, the leading transaction projects this month are basically dominated by hot new projects opened in September and October. Among them, Haikai · Yuhai Yunsong project ranks first in the city in terms of monthly online signing value. Located in the core area of Shangdi, adjacent to Zhongguancun Software Park, the project plans 30 pure low-rise apartment buildings of 4 to 10 floors, with a residential plot ratio of 2.2, and the house types are 3 to 4 bedrooms of 98 to 179 square meters, with a basic usable floor area ratio of about 79-84%, and the actual usable rate can reach up to 93% after adding the balcony and equipment platform. After the hot sales at the opening, it used the online signing data of one more month to meet the dual expectations of improvement-oriented customers for "low density" and "practicality".

Residential Market: In October, Beijing's new residential market presented a pattern of "supply falling from a high level, transaction remaining flat at a high level, and structural differentiation intensifying". A total of 4,654 new commercial residential units covering 531,400 square meters were traded across the city, which was basically flat month-on-month, with a year-on-year increase of 32.6% and 24.1% respectively. On the supply side, after the centralized pre-sale permit acquisition in the golden September, the supply of new residential properties fell from a high level this month; in terms of new openings, projects including Future City · Xinghuan Shiguang, C&D Yuexiu · Guanxi, China Merchants Xingchen Lanyue and other projects entered the market intensively, with outstanding de-performance at opening.

Figure: Monthly transaction scale of new commercial residential properties in Beijing since 2023 (10,000 square meters)

Residential Land Market: The land auction entered a phased gap this month, with no residential land traded. On the supply side, a total of 6 residential-related land plots were newly announced this month, with a planned construction area of 451,200 square meters. Among them, the Tuofangying plot that was split into two for re-listing attracted the most attention: the total starting price was split from 7.521 billion yuan to 4.5 billion yuan + 3.8 billion yuan, totaling 8.3 billion yuan, the stadium and gymnasium were changed from free construction by the developer to government repurchase at the construction and installation cost, the raised slab design is encouraged, and the land payment period is extended from 3 months to 24 months.

This article is from the WeChat Official Account "China Index Academy", author: China Index Academy, published with authorization by 36Kr.