Core Viewpoint - The real estate market in Qingdao is experiencing a surprising resurgence in new home sales despite a long-term decline in property prices, particularly in the second-hand market [1][2]. Group 1: Market Dynamics - Since 2018, property prices in Qingdao have been on a downward trend, with second-hand home prices declining significantly, leading to a loss of confidence among residents [2][5]. - Recent new home launches, particularly high-quality projects, have seen strong demand, with instances of over 200 buyers competing for just 64 units [2][5]. - The scarcity of land available for new developments has created a supply-demand imbalance, resulting in a situation where new homes are in high demand [5][28]. Group 2: Product Features - The design of new homes, such as those in the Haixin Jinsandian project, is highlighted as innovative, with efficient use of space leading to larger functional areas compared to traditional second-hand homes [7][10]. - The project boasts a net usable area exceeding 100%, which is significantly higher than the typical 25% common area in high-rise buildings, making it attractive to buyers [10][19]. - The emphasis on spacious and well-designed layouts, including features like high ceilings and optimized room arrangements, enhances the living experience [19][20]. Group 3: Location and Development - Haixin Jinsandian is strategically located near the "Asia's No. 1 Beach," making it a highly desirable property due to its proximity to natural coastal resources [26][28]. - The project benefits from Qingdao's strict land development regulations, making such prime locations rare and valuable [28][29]. - The combination of a prime location and the developer's experience in high-quality construction positions Haixin Jinsandian as a standout offering in the current market [29].