Property developers are caught in a dilemma as they hold nearly tens of thousands of acres of idle land. The industry is calling for increased efforts to reclaim and regulate idle land.

In 2025, it was a year for many troubled real estate companies to "shake off historical burdens". The task of delivering properties was basically completed, and there were also many advances in debt restructuring. However, there is still a heavy burden for them - many troubled real estate companies hold a large amount of land acquired at high premiums before 2021, but are unwilling to develop it due to current development risks and past plans not aligning with market trends. A troubled real estate company based in East China has undeveloped land reserves that, at the current development pace, will not be completed for the next 16 years; another troubled real estate company that used to be among the top 20 in the industry has land reserves of over 25 million square meters, and at the current sales rate, it will take 20 years to fully develop the land. Some industry insiders have reflected that while the destocking of existing land has received policy support from the government, due to differences in policy implementation and the complexity of company debts, some land has still not been effectively reclaimed. Against this backdrop, solving the problem of idle land and achieving the goals of stabilizing the real estate market and destocking have become urgent key issues that need to be explored.