Core Insights - The luxury real estate market in Shanghai is experiencing strong demand, highlighted by the recent launch of the "Gaofuyun Jing" project, which sold 25 units priced over 1.3 billion yuan within hours of opening [2][3] - The project, developed by Vanke and Huazhou Real Estate, offers high-end apartments ranging from 270 to 600 square meters, with an average price of 21,000 yuan per square meter [2] - The high entry threshold for buyers, with a deposit requirement of 7.6 million yuan for individuals and 19 million yuan for corporate clients, indicates the exclusivity of the market segment [2] Market Trends - The Shanghai real estate market is showing a steady upward trend, particularly in the luxury segment, driven by favorable policies and market confidence [3] - The performance of high-end properties, including the recent success of "Gaofuyun Jing," reflects the ongoing strong purchasing power among high-net-worth individuals in core cities [3] - According to the Shanghai E-House Research Institute, the number of new homes sold in Shanghai priced at 30 million yuan and above has consistently exceeded 1,000 units for two consecutive years, indicating robust demand for top-tier luxury properties [2]
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