North Fifth Ring Housing Prices Hit Bottom! Beiqing Runfu Offers Three-Bedroom Homes Starting Under 3 Million

Deep News
08/18

Xu Di from Beijing reports that the newly launched Huarun Changping project, Beiqing Runfu, has now obtained its sales permit. Excluding building #14, all remaining 18 buildings totaling 670 units have entered the market, with an average proposed selling price of 55,900 yuan per square meter. Among these, the two central mid-rise buildings have average prices exceeding 60,000 yuan per square meter, while the second-to-top floor units in the premium building reach over 64,000 yuan per square meter, with the most expensive unit priced at 8.25 million yuan. Meanwhile, the smaller units in the northern row are priced at around 50,000 yuan per square meter. Combined with opening discounts, it's expected that many units will close at prices in the 40,000-yuan range, allowing buyers to secure a home for approximately 3.5 million yuan total. There are also a limited number of non-standard one-bedroom units on the ground floor, with proposed prices of 46,800 yuan per square meter and total prices just over 2.6 million yuan.

This marks the fourth Runfu project by China Resources Land in Beijing and the first debut of this product line in Changping. The project covers 3.59 hectares with approximately 64,600 square meters of above-ground construction and a floor area ratio of 1.8. It includes 19 residential buildings with 688 units in total, primarily low-rise garden houses, offering three-bedroom and four-bedroom layouts ranging from 75 to 128 square meters. These are finely decorated fourth-generation homes featuring high-end customization and efficient storage. Leveraging multiple expansion spaces such as south-facing recessed balconies, north-facing equipment platforms, flower beds, and L-shaped bay windows, the practical usage rate is pushed to a new regional high.

The 75-square-meter middle units and 78-square-meter corner units are located in the first row on the north side near Beiqing Road, totaling 208 units. Although these two layouts are similar in construction area and design, the corner units offer an entire additional side bay window as a bonus, making the 78-square-meter layout superior to the 75-square-meter version in both natural lighting and interior functionality. The 75-square-meter compact three-bedroom in Beiqing Runfu features an 800-liter storage system and dual bathrooms, which is a relatively advanced configuration in the current market. The 78-square-meter layout further adds an independent laundry room with pre-installed plumbing, which can also be converted into a dual-bathroom design for larger families. The side-facing natural light, 4-meter-wide living room, and panoramic viewing bay window visually amplify the sense of space in this compact three-bedroom. The downside is the limited quantity—only 22 units across two corner buildings—so those interested need to act fast.

The main 93-square-meter three-bedroom with two bathrooms comes in both middle and corner unit variations, totaling approximately 255 units and accounting for nearly 40% of the project's unit mix. All layouts above 93 square meters feature a south-facing dual balcony system—in addition to the recessed living room balcony, a landscaped flower bed is included as a bonus. Residents can enjoy a private outdoor space within the building, and the compact size makes it easy to maintain. The flower bed provides middle units with a panoramic view as well, while corner units boast an ultra-high window-to-wall ratio, with both north and south bedrooms featuring 270-degree corner windows for maximized viewing experience and full brightness. The bonus area for this layout completely exceeds the shared area.

The upgraded 106-square-meter four-bedroom with two bathrooms also comes in middle and corner unit variants, totaling 143 units. This is a standard four-leaf clover layout with over 10 meters of south-facing width across three bays. It's essentially a PLUS version of the 93-square-meter layout, adding roughly 10-plus square meters and one extra room, with a similar overall configuration. The top-tier 128-square-meter layout is the flagship unit located in buildings #7 and #12 at the center of the complex, which are also the only mid-rise buildings, with just 66 units in the entire project. These are all corner units with a "fat" design where width exceeds depth, featuring an expansive 14.4-meter south-facing width across four bays with three bedrooms facing south. It's no exaggeration to say this layout delivers the spatial feel of a 140-square-meter home combined with the design sensibility of a 180-square-meter flat. Upon entry, you're greeted by a 65-square-meter public area with an integrated dining-kitchen-living space, and the north-facing kitchen boasts a rare 5.5-meter width—a scale that rivals some stacked villas. The master bedroom has true north-south cross-ventilation, with an 8-square-meter master bathroom featuring dual-window lighting and a walk-in closet that doubles as an entryway for added privacy. The two secondary bedrooms flank the master suite, making it ideal for families with two children, creating a cohesive yet independent sleeping cluster. Another south-facing secondary bedroom sits separately on the opposite side of the living room, suitable as an elderly parent's room to avoid schedule conflicts, or convertible into a study or tea room. The public living room and secondary bedroom share a double flower bed spanning approximately 7 meters, and combined with the master bedroom's oversized corner window, the entire space offers a full panoramic cabin configuration.

Beiqing Runfu is located on the Pingxifu 0002 plot in Changping, acquired on April 30th by a consortium of China Resources Land and Future Science City at a base price of 1.2905 billion yuan. This translates to a floor price of 20,000 yuan per square meter—a figure that sends shivers down the spines of new developments in southern Changping. Looking at floor prices for projects launched in the past two years: Guoxian Mansion Phase I at 25,500 yuan and Phase II at 22,900 yuan; Future City Xinghuan Times at 23,200 yuan; Guoxian Mansion PARK at 28,500 yuan. Several projects in Dongxiaokou and Zhuxinzhuang, including Longyue Haixu and Future Realm, all have floor prices above 32,000 yuan. Directly west of Beiqing Runfu sits Beiqing Oak Bay, with a floor price as high as 35,200 yuan per square meter. The two projects are separated by just one street and both are managed by China Resources, with Beiqing Runfu previously referred to as "Beiqing Oak Bay Phase II."

In early July, the project name Beiqing Runfu was officially unveiled, retaining the Beiqing Road location identity while establishing a new product tone with the Runfu designation, deliberately avoiding direct comparison with Oak Bay. The sibling projects facing each other across the street, each with different product lines, reflect intriguing strategic considerations. In Beijing's real estate market, when the same developer acquires adjacent plots, the convention is usually to extend the existing product naming logic. Oak Bay represents the classic example of China Resources Land's "Time Series" product line and serves as the company's golden brand on Beiqing Road. However, if named Beiqing Oak Bay Phase II, existing Phase I homeowners would clearly see that Phase II has significantly lower land costs, a lower floor area ratio, and more luxurious product configuration, while potentially offering more pricing flexibility than Phase I. By adopting a new Run-series product name and avoiding strong association with Oak Bay, the two projects are completely separated as independent developments rather than generational extensions of the same product.

Thus, "Beiqing Runfu" was born, leveraging China Resources' higher-tier "Run Series" product line to elevate the project's positioning while capitalizing on the "Beiqing" location identity. The name also evokes associations with Peking University and Tsinghua University, adding scholarly prestige. This strategic move by China Resources fully considers the sentiments of existing homeowners, protecting the brand while psychologically distancing the two projects to reduce resistance from Phase I owners. What appears to be merely a name change is actually a deep strategic deployment balancing homeowner reputation, product positioning, and pricing strategy. The floor plans target first-time buyers and first-time upgraders, yet the project showcases the "customization" hallmark typically reserved for high-end developments: TV feature walls, door plates, and other details can be delivered with personalized customization; floor plan configurations are flexible, adapting to the full family growth cycle. The public area configuration has set new standards, with five buildings featuring elevated ground floors (partial). Notably, the east side of building #6 at the main entrance incorporates Beijing's first double-height elevated design, raising residences to start from the third floor. On the return journey, the west-side Gate 1 features a spacious entrance plaza, extended inward via a weather-protected corridor that seamlessly connects multiple neighborhood shared spaces, ancillary buildings, and elevated levels. Two sunken courtyards—one large and one small—are encircled by the weather-protected corridor, forming together with four elevated levels a cohesive and refined clubhouse system.

The entrance gate, designed without a hollow roof, itself serves as a weather-protected corridor, extending 18.14 meters deep with a nearly 47-meter street frontage. Combined with side landscape walls, it creates a super interface of nearly 100 meters in total. The project features a five-tier homecoming ritual, ten-tier elegant garden landscapes, themed elevated levels, and a dual-scene clubhouse with community canyon views. However, this极致 public area creation and spatial enclosure also results in some shading for ground-floor units in the buildings near the entrance. Buyers paying a premium for the "super interface" should carefully weigh the living comfort of lower floors. The development entity behind Beiqing Runfu is Beijing Future Science City Runchang Real Estate Co., Ltd., the project company for Beijing China Resources Future City (also known as "Runchang Science and Technology Innovation Center"), established in 2016 with registered capital of 2.6 billion yuan. China Resources Land holds a 60% stake, while Future Science City Real Estate holds 40%. Chen Haiou, General Manager of China Resources Land Beijing, serves as the project company's Chairman and General Manager; Shan Boyu, Assistant General Manager of Future Science City Real Estate, serves as Vice Chairman. The project's lead operator is Wang Haosilun, a science and engineering graduate known for his boldness, willingness to take risks, and unconventional approaches—a marketing heavyweight in Beijing's real estate circles. He previously led marketing for projects including Yizhuang Brilliant Era and Fengtai CSCEC Yunjing. Among these, CSCEC Yunjing is particularly noteworthy—as CSCEC 8th Division's flagship project in Beijing, Yunjing has a total investment exceeding 10 billion yuan, with land acquisition alone costing 7.59 billion yuan. In 2025, Wang Haosilun took charge of marketing for Fengtai CSCEC Yunjing and delivered impressive results. Now, Beiqing Runfu represents Wang Haosilun's signature work since joining China Resources Land. Facing the benchmark project Beiqing Oak Bay next door, how Wang Haosilun will deploy his strategies is set to be the most compelling storyline going forward.

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