LONGFOR GROUP(HK:00960) Sou Hu Cai Jing·2025-09-04 08:50Core Viewpoint - The acquisition of the Shiwang Green Courtyard land by the Aaron consortium for 477 million yuan signals a strong confidence in the real estate market of Chancheng, Foshan, particularly with the introduction of a new school in the area [1][3][5]. Group 1: Transaction Details - The land was acquired by Hefei Ruillen Real Estate Development Co., Ltd. and Guangdong Baiye Tai Construction Engineering Co., Ltd., with a floor price of approximately 8,000 yuan per square meter [3][5]. - The total area of the land is approximately 23,373.26 square meters, divided into four zones, with specific regulations on building density and green space [7][8]. Group 2: Market Implications - This acquisition marks the first entry of the Jiangsu-based Aaron Group into the Foshan market, indicating a positive outlook for the local real estate sector [5]. - The investment by private enterprises in prime locations near dual metro lines reflects a robust confidence in the future of the Chancheng real estate market [5][22]. Group 3: Educational Infrastructure - The project includes a requirement to build the Foshan Experimental School on the site, with an investment of approximately 220 million yuan, addressing the need for quality public school placements in the area [11][13]. - The school will feature various facilities, including classrooms, a gymnasium, and sports fields, and is planned to accommodate 36 classes [17][11]. Group 4: Regional Development - The land is strategically located near major commercial areas and residential communities, enhancing its attractiveness for future development [24][22]. - The area is well-connected by public transport, being within 800 meters of the intersection of two metro lines, which is expected to further boost its real estate appeal [22][24].