Mei Ri Jing Ji Xin Wen·2025-12-01 12:23Core Insights - The opening of Shenzhen Bay Yunxi on November 30 set a new record for new home sales in China, with a single-day sales figure of approximately 13 billion yuan [2][9] - The project, developed by China Resources Land and China Overseas Property, features 348 units with sizes ranging from 209 to 1149 square meters, and achieved a near 70% sales rate on the first day [2][3] Group 1: Sales Performance - The project sold out large units of 500, 700, and 1149 square meters on the first day, with prices ranging from 25,000 to 28,000 yuan per square meter, totaling between 13 million and 33 million yuan [2][5] - The average registration price for the 348 units was approximately 16,880 yuan per square meter, with some units priced as high as 35,000 yuan per square meter [4][5] Group 2: Market Context - The high-end residential market is experiencing a surge, contrasting with the ongoing adjustment in the first-time buyer segment, as evidenced by a 15.6% increase in transactions for properties priced over 10 million yuan in key cities [10][12] - The demand for high-end properties is driven by their perceived value as "hard currency" in the market, particularly in core urban areas with unique resources [7][8] Group 3: Future Outlook - The trend of high-end residential sales is expected to continue, with several upcoming projects in Shenzhen, indicating a robust market despite broader economic adjustments [7][12] - The government's easing of housing policies and the introduction of new residential land are likely to support the development of high-end properties, enhancing their appeal [7][12]