Core Insights - The article focuses on the luxury real estate market, particularly the insights from Philip Liao, a renowned architect and designer, regarding the evolving yet consistent demands of high-end property buyers [3][4]. Group 1: Buyer Demands - The primary demand for luxury property buyers remains location, with core urban areas in global cities like New York, London, and Shanghai being the top choices [4][5]. - Space and layout are also critical, with a standard size of around 400 square meters now being common for luxury properties [5][6]. - The design quality and spatial logic are essential for properties to be considered collectible and able to withstand the test of time [7]. Group 2: Unique Value of Jinling Huating - Jinling Huating, located in a prime area of Shanghai, combines historical significance with modern vibrancy, enhancing its appeal [5][7]. - The project spans approximately 670,000 square meters, allowing for a self-sustaining living environment that is less dependent on surrounding areas [7]. - The design includes high-end amenities and thoughtful layouts that cater to the privacy and security needs of luxury buyers [7]. Group 3: Target Demographics - The primary demographic for luxury properties in mainland China is individuals aged 40-50, who seek a balance between standard features and personalized customization [8][9]. - Common features include spacious and aesthetically pleasing communal areas, while personalized elements cater to specific lifestyle needs, such as wine cellars or multifunctional rooms [9]. Group 4: Long-term Collaboration and Values - The collaboration between Philip Liao and Kerry Properties is characterized by a shared philosophy of understated luxury and a focus on long-term value [10]. - The definition of a "good house" extends beyond luxury to include aspects like sustainability, safety, comfort, and health, reflecting a broader consensus on housing standards [10]. Group 5: Overall Value Proposition - The true essence of luxury properties lies in their multifaceted value, encompassing location, space, culture, and service, rather than merely their price [10].