Core Insights - Shanghai's luxury real estate market is experiencing significant demand, highlighted by the rapid sales of the Shanghai Yihua Courtyard project, which sold 66 units in just one hour for a total of 4.8 billion yuan [1] - The total sales amount for the Shanghai Yihua Courtyard has exceeded 22 billion yuan this year, maintaining its position as the top-selling single project in the country [1] - The latest batch of units ranged from 315 to 1115 square meters, with the average price per square meter increasing from approximately 170,000 yuan to 198,000 yuan over the past year [1] Sales Performance - The Shanghai Yihua Courtyard has had five sales events since its initial launch in August 2024, with the latest batch achieving an average total price of about 73 million yuan per unit [1] - The overall market for new homes priced above 30 million yuan in Shanghai is projected to exceed 100 billion yuan in total sales for the year, indicating strong demand for high-end properties [1] - Leading projects in the luxury segment are significantly influencing market trends and driving sales [1]